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Corporate Governance

  • Report: Etsy planning IPO

    New York -- Etsy, an online marketplace site that specializes in crafts and artsy items, plans to hold an initial public offering this quarter, according to Bloomberg.

    The Brooklyn-based company, which is working with Goldman Sachs and Morgan Stanley, looks to raise about $300 million, the report said.

  • Whole Foods speeds omnichannel efforts

    Whole Foods Market plans to cater to the health-focused community of obstacle racers with a new omnichannel partnership.

    The natural and organic foods supermarket will connect with consumers via Spartan Race’s “Food of the Day” platform, beginning in 2015. Spartan Race is an obstacle racing company that facilitated over 130 races in 17 countries last year.

  • Holiday sales jump 5.2% at Belk

    Strong e-commerce growth and omnichannel contributed to a healthy holiday shopping sales season at Belk.

    The nation’s largest family owned and operated fashion department store company reported a 5.2% increase in sales for the nine-week period ending Jan. 3. Same store sales for the same period increased by 4.8%.

  • Nasty Gal promotes president to CEO as founder Sophia Amoruso steps down

    Los Angeles -- Millennial fashion authority and online retailer Nasty Gal has tapped Sheree Waterson has CEO, effective immediately. Waterson, promoted from her position as president and chief product officer, which she has held since early 2014, previously was lululemon athletica’s executive VP and chief product officer.

    Founder Sophia Amoruso will continue as executive chairman to oversee creative and brand marketing functions.

  • RadioShack offered $500 million loan from Salus Capital

    New York -- RadioShack could receive another dose of life support. According to a report by the Wall Street Journal, Salus Capital Partners has offered to provide $500 million to RadioShack Corp. in a kind of debtor-in-possession loan used by companies to fund operations in bankruptcy.

  • BJ’s selects Esri’s location analytics solutions

    Redlands, Calif. -- BJ’s Wholesale Club announced that it has adopted Esri’s location analytics solutions to aid in real estate research strategy and business insight analysis.

  • E-commerce spending to top $300 billion in 2015

    New York -- E-commerce in the United States in 2015 will top the $300 billion mark for the first-time ever, according to Forrester Research’s principal analyst Sucharita Mulpuru.

    “This is big news,” Mulpuru said during a presentation at the National Retail Federation’s annual “Big Show” conference.  

  • Walgreens unveils 'Well Beyond HIV' campaign

    Walgreens is launching a new national campaign highlighting how people are aging well beyond their HIV diagnosis.

    The centerpiece of the campaign is a traveling art exhibit, curated in collaboration with the Graying of AIDS, an independent documentary project and educational campaign.

    The exhibit provides a glimpse into the lives of older adults living with HIV and will make its first stop in Miami on Jan. 17.

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