Corporate Governance

For the fifth consecutive year, Amelia Island Florida is offering exclusive savings to Harris Teeter VIC (Very Important Customer) cardholders through a partnership between the Amelia Island Convention & Visitors Bureau (CVB) and Harris Teeter.

Available April through December 31, VIC cardholders will receive discounts at 25 businesses, including Amelia Island hotels, restaurants, activities and shopping.

ChannelAdvisor, a leading provider of cloud-based e-commerce solutions that enable retailers and manufacturers to increase global sales, has promoted Jordan Weinstein to the role of managing director, EMEA.

Weinstein will be responsible for developing the company’s local strategy and direction for growth. Along with this appointment, ChannelAdvisor has expanded its European management team with four new directors in the EMEA region.

The Wet Seal board has decided to reduce the cash compensation for its directors by 20% for the remainder of fiscal 2014 and to reduce the number of director nominees to be elected at its upcoming annual meeting from nine to seven.

“By reducing director compensation and the number of directors nominated for election at our 2014 annual meeting, the board is doing its part to ensure it can respond quickly to issues as they arise and support the cost reduction efforts already taken by management,” said non-executive chairperson Lynda Davey.

Wolverine Worldwide, a leading marketer of branded footwear, apparel and accessories, is leveraging Demandware as the digital commerce backbone of its global retail direct-to-consumer operations.

The company is consolidating its digital commerce operations for its brand portfolio across all geographies onto the Demandware Commerce platform. The first brand to launch on Demandware is Sperry Top-Sider, which went live with eight international Web and mobile commerce sites in January.

A kosher deli and Murray’s Cheese shop will be part of a new 72,000-sq.-ft. Ralph’s Fresh Fare supermarket set to open on Thursday, April 10 in the Los Angeles suburb of Sherman Oaks.

Rakuten has teamed up with First Bankcard to launch the Rakuten Rewards MasterCard Program, which provides cardholders with reward points for using their credit card to shop on Rakuten.com and elsewhere.  

Rakuten.com, formerly Buy.com, is Rakuten's U.S. marketplace, offering consumers more than 17 million products at everyday low prices from a network of small and large business shop owners.

L’Oréal Paris and the Melanoma Research Alliance, a private funder of melanoma research, have announced the launch of the “It’s THAT Worth It” campaign, a public health call-to-action that urges women of all skin tones to prevent melanoma by using sunscreen and to help save lives by supporting melanoma research for a cure.

ECRM compared retail circular advertising in March 2013 versus March 2014 and noted trends occurring across top retail chains. H.E.B. and Publix topped the charts in circular page change, with increases of 27.8% and 41.2%, respectively. The massive increase at Publix was attributable to the release of an additional circular this March (five versus four in 2013), while H.E.B. simply ran more pages in each of its five March circulars (eight to 12 pages each this year, as opposed to six to eight last year).

New York -- Coldwater Creek Inc. is planning to liquidate its assets after a bankruptcy filing that is expected to come soon, Bloomberg News reported. The filing would come five months after the specialty women's apparel retailer, which is based in Sandpoint, Idaho, said it was exploring strategic alternatives, including a sale.

New York -- The Jones Group Inc. announced that its shareholders overwhelmingly voted to approve the company’s acquisition by Sycamore Partners.

Under the terms of the deal, Sycamore will acquire Jones for $15.00 per share in cash, or a total transaction value of approximately $2.2 billion.