Corporate Governance

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.

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.

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 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.

WILLIAMSVILLE, N.Y. — Tops Friendly Markets, a grocer in upstate New York, northern Pennsylvania and western Vermont, is closing pharmacy departments in 27 of its 162 locations this month and transferring pharmacy prescriptions and inventory to five CVS/Pharmacy and 22 Rite Aid locations near each affected store.

Dallas -- Corner Bakery Café has named Salil Bapat as CFO, effective immediately. Bapat previously was CFO for YUM Brands' Latin America and Caribbean region.

Fred's Super Dollar has turned to a former Family Dollar and CVS executive to become its next president and chief operating officer.

Michael Bloom brings to Fred's more than 30 years of experience in small-box general merchandising, supply chain management and store operations, the company said. Most recently, he served as the president and COO of Family Dollar Stores. 

Memphis -- Discount general merchandise chain Fred’s has named Michael K. Bloom as its president and COO, effective immediately. Until recently, Bloom held the same position at Family Dollar Stores Inc.; he resigned in early January after just over two years in the position and could be owed as much as $4.8 million in severance by Family Dollar, according to an SEC filing.