Corporate Governance

Canton, Mass. -- For the eighth consecutive year, Dunkin' Donuts has been ranked number one in customer loyalty in the coffee category by the Brand Keys Customer Loyalty Engagement Index. Dunkin' Donuts was also ranked number one in customer loyalty in the packaged coffee category for the second consecutive year.

Sidney, Neb. - Cabela’s Inc. has named Donna M. Milrod to its board of directors. Milrod has been the chief administrative officer of The Depository Trust & Clearing Corporation (DTCC) since October 2012, with responsibilities for DTCC’s finance, operations, regulatory relations, business continuity, vendor management, and security functions.

Woonsocket, R.I. – CVS will stop selling cigarettes and other tobacco products at its more than 7,600 CVS/pharmacy stores across the U.S. by October 1, 2014. CVS/pharmacy will be the first national pharmacy chain to take this step.

Minneapolis – John Mulligan, executive VP and CFO of Target, said the retailer is deeply sorry for its late 2013 data security breach and is aware that consumer confidence in the company is shaken; his comments came during Feb. 4 testimony before the Senate Judiciary Committee.

According to Reuters, Mulligan also said that Target discovered 25 registers infected with malware on Dec. 18, contradicting an earlier statement from the retailer that all malware had been removed by Dec. 15.

By Bob Russo, general manager, PCI Security Standards Council

With the latest attacks at big name retailers, the pressure is on for businesses of all sizes to demonstrate that they’re doing whatever it takes to keep their customers’ confidential information safe and out of the hands of the bad guys. But with headlines changing every day on what actually happened and how, many retailers are unsure of where to begin making changes.

By John Mulligan, executive VP and CFO, Target

Xoom, a leading digital money transfer provider, has acquired BlueKite, LTD, a cutting edge technology company that develops applications to improve the way people around the world pay their bills, for approximately $15 million in cash and equity.

Guatemala City-based BlueKite, which currently has 30 employees, caught Xoom’s eye because of its technology platform for cross-border bill payments and mobile phone top-ups. This acquisition will allow Xoom to offer adjacent services to its money transfer offerings.

Cabela’s has appointed Donna M. Milrod to its board of directors.

“Donna is a proven leader and brings a wealth of regulatory, finance, and capital markets experience,” said CEO Tommy Millner. “The board and Cabela’s will greatly benefit from Donna’s insights and knowledge.”

Central Garden & Pet is already starting to see results in the first quarter ended Dec. 28 from an operational strategy it put in place following a disappointing fourth quarter that yielded “unacceptable” financial results.

Men's Wearhouse has introduced international shipping to online customers in more than 100 countries. The company is promising affordable shipping rates and order totals guaranteed at the time of purchase to the international community.