Corporate Governance

Hhgregg is taking a different approach to President’s Day promotions this year by focusing on the ladies –- the First Ladies, that is.

Sidney, Neb. - Incremental expenses related to the relocation of a distribution center in Winnipeg, Canada, as well as increased promotional and advertising spending, helped drive down Cabela’s Inc. net income 2% to $78.6 million from $80.1 million in the fourth quarter of fiscal 2014.

Total revenue increased 7% to $1.3 billion, from $1.2 billion. Although increased retail store revenue fueled total revenue growth, same-store sales fell 5.5%.

Washington, D.C. – As the Pacific Maritime Association prepares to shut down U.S. West Coast ports from Feb. 13-16, the National Retail Federation (NRF) is issuing a public statement asking for direct White House intervention.

Philadelphia -- X Team International announced that partner MSC Retail has completed a lease transaction with Rascals Fitness in Collegeville, Pennsylvania.

Rascals Fitness will open a 12,183-sq.-ft. facility in Collegeville Plaza at the intersection of Main Street and 2nd Avenue. “We’re excited to have helped complete the lease for Rascals Fitness on their third location in Pennsylvania,” said Michael Salove, president and CEO of MSC Retail.

New York -- Whole Foods Market has set itself an ambitious agenda for 2015 with 38 to 42 new store openings, including relocations, for annual square footage growth of 9% to 10%. The company, which currently has 408 stores, remains committed to tripling its U.S. store count to 1,200 locations over the long term.

As the Pacific Maritime Association prepares to shut down U.S. West Coast ports from Feb. 13-16, the National Retail Federation (NRF) is issuing a public statement asking for direct White House intervention.

New York -- Twitter plans to acquire Niche, a startup that pairs content creators popular on such social media platforms as Instagram, Tumblr and Twitter's own Vine with brand advertisers.

Niche, founded in 2013, provides social media creators – its stable includes more than 6,000 – with free, cross-platform analytics on desktop and mobile, and serves as a non-exclusive talent rep to facilitate branded content deals with its network of companies and agencies.

Staples is trying to attract more small business customers with a new service at the copy and print center.

Staples Design Services can help small business customers bring their brands to life, from concept to creation, with professionally designed logos and marketing materials.