Corporate Governance

Owasso, Okla. -- GBT Realty Corporation announced that it has locked in a third Academy Sports & Outdoor location for the Tulsa area, in the suburb of Owasso, Oklahoma. GBT acquired the 5.8-acre site on Dec. 30 for $2 million. Construction is underway on the $10-million development.   

Less than a week after getting shareholder approval to sell itself to Dollar Tree Inc., Family Dollar said fewer discounts led to increased December sales.

For the month ended Jan. 3, Family Dollar said its sales increased 3.6% to $1.21 billion from a year earlier. Same-store sales increased 1.2%, compared with a 3% decline last December.

London - Dixons Carphone plc has selected Reflexis workforce management solutions to further enhance its customer service offering and increase employee involvement in labor management processes. The retailer will implement the solutions in its 500 Currys, PC World, and Dixons Travel Stores.

After an 18-month review including live trials with multiple vendors, Dixons selected Reflexis Workforce Manager, Reflexis Time and Attendance, and Reflexis Advanced Analytics and Reporting.

Columbus, Ohio -- Ikea announced that it is submitting plans to the City of Columbus, Ohio, for a store that would increase the Swedish furniture retailer’s Ohio presence to two stores. The newest store, located in the Polaris Centers of Commerce development about 15 miles north of downtown Columbus, is slated to open summer 2017.

Prepaid payment provider Blackhawk Network has created a new division dedicated to providing customized engagement, incentive and rebate programs for consumers, employees and sales channels.

Washington, D.C. -- Restaurants will remain the nation’s hottest hirer this year.  An annual report by the National Restaurant Association indicated that, as it has for the last 16 years, the restaurant industry employment will outpace employment growth in 2015.

Stockholm, Sweden – Stockholm, Sweden-based EPiServer and Nashua, New Hampshire-based Ektron have merged to create a new global digital experience provider of scale. The combined company is backed by technology-focused private equity investment firm Accel-KKR.

The combined company, which will operate under the EPiServer name and continue to use the Ektron and EPiServer brands, has more than 8,800 customers in 30 countries backed by a network of more than 880 partners.

New York – Investment fund Trian Fund Management LP has reportedly reduced its stake in Family Dollar Stores Inc. from 7% to a little more than 2%. According to the Wall Street Journal, the fund, headed by activist investor Nelson Peltz, had publicly supported the Family Dollar-Dollar Tree merger.

Triad has an executive on the Family Dollar board. The SEC has confirmed Family Dollar shareholder approval of the Dollar Tree merger.