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Corporate Governance

  • General Mills expands products portfolio

    General Mills is adding a new line of products to its roster. Consumers in the United States can find more than 50 new items from the company on store shelves, with dozens more to launch in international markets.



    Some of the new offerings include:

  • Stop & Shop raises $2 million for hunger relief

    Stop & Shop has donated more than $2 million to hunger relief organizations across the Northeast thanks to participating customers.

    According to the Greater Boston Food Bank, for every dollar donated they can provide three meals to those in need, so the combined efforts from Stop & Shop New England and Stop & Shop New York Metro divisions will help provide more than 6 million meals.

  • Retailers apply common sense to cyber security

    Many fingers pointed at Target after the retailer suffered a massive data breach during the holidays, but preventing the next cyber attack is beyond the scope of any single company, according to testimony retail representatives shared with lawmakers on Monday.

  • Executive changes at Vera Bradley

    Vera Bradley has restructured its executive team and promoted key figures, effective immediately.

    "We have a lot of talent and experience within our company, and these promotions and realignments will help position us for the future. I am confident that we are in the process of assembling the right team to achieve our long-term goals, drawing from both our own leadership team and attracting new talent to the organization," said CEO Robert Wallstrom.

  • Diane Sullivan steps into CEO role at Brown Shoe Company

    Diane Sullivan is now CEO, president and chairman of the board of Brown Shoe Company. The company’s board of directors appointed her as chairman last June, and her new role became effective Feb. 2.

  • Digital Future director predicts Facebook decline

    Facebook just reported record levels of user engagement along with fourth quarter sales and profits that blew away forecasts, but a new study offers a more measured view of the social media network’s longer term prospects.

    The director of the USC Annenberg Center for the Digital Future Jeffrey Coles and the research firm Bovitz conducted a survey last fall in which one third of respondents said they will be using Facebook less in five years.

  • Report: Amazon Prime price may rise

    Seattle – The price of subscribing the Amazon Prime preferred shipping program will reportedly increase. According to the Huffington Post, Tom Szkutak, CFO of Amazon, said on a Jan. 30 investors call that the company is considering raising the current $79 yearly fee for Amazon Prime, which includes free two-day shipping, by $20 to $40 in the U.S.

  • Report: Saks to add luxury items, outlet stores

    New York – Saks Fifth Avenue is reportedly planning to both increase the amount of high-end luxury goods it sells and also increase the number of Saks Off 5th outlet stores it operates. According to the Wall Street Journal, Richard Baker, CEO of Canadian department store chain (and new Saks owner) Hudson’s Bay Company wants to overhaul Saks stores by selling more items such as $48,000 Louis Vuitton crocodile handbags.

  • Natural Grocers by Vitamin Cottage has strong Q1; plans 15 new stores

    Lakewood, Colo. -- Natural Grocers by Vitamin Cottage, Inc. had a strong first quarter of fiscal 2014, reporting increases in both net income and net sales. Net income rose 31.6% to $2.9 million from about $2.2 million and net sales grew 25.8% to $120.6 million from $95.8 million.

    A $14.6 million increase in sales from new stores and a 10.6%, increase in same-store sales drove Natural Grocers’ net sales growth. Looking ahead, the company plans to open a total 15 stores in fiscal year 2014 and expects to remodel two existing stores.

  • NRF exec to testify before Senate on data security

    Washington, D.C. – The National Retail Federation (NRF) is scheduled to testify before a Senate committee the week of Feb. 3, as lawmakers begin to look into criminal attacks in which millions of consumers’ credit and debit card numbers were stolen.

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