Corporate Governance

CANTON, Mass. - Dunkin’ Donuts continues its aggressive expansion with the signing of multi-unit store development agreements with five franchise groups for a total commitment of 63 new restaurants in the greater San Francisco Bay Area, Palm Springs and Bakersfield over the next several years.

Joe Arcuri, vice president and general manager of Procter & Gamble's North American beauty business, has been hired as president of home solutions for Newell Rubbermaid. He'll start the new job on Dec. 1.  

"Joe brings an incredible set of global leadership experiences, a consistent pattern of excellent results and immense personal potential to the company as we continue the drive to make Newell Rubbermaid a larger, faster growing, more profitable, more global company," said Michael Polk, CEO of Newell Rubbermaid.  

American Girl is pledging to give away 1,000 dolls a day, or $3 million in retail value, to children in hospitals across the country this holiday season.  

Now through Dec. 18, American Girl will match any doll purchase made online, in-store or via phone with an 18-inch doll donation (up to 1,000 dolls each day) as part of its 2014 “Share the Wonder of the Holidays” giving campaign.

Manchester, N.H. - Velcro Industries plans to open a retail pop-up store in the SoHo area of Manhattan. Styled as the "Holiday HackShop," the Velcro-branded pop-up store will be open Dec. 1 – 19.

Walmart has appointed Tom Horton, former chairman and CEO of American Airlines, as the 16th member of its board of directors. Horton will also serve on the audit committee.  

New York – Ann Inc., the parent company of Ann Taylor and Loft, has named Katie J. Bayne to its board of directors. Bayne serves as senior VP, global sparkling brands at The Coca-Cola Company.

By: David Kidd,  Peak 10
 
Data privacy and security remain top concerns for retailers. There is good reason for that.  The Target breach compromised approximately 70 million records. The Home Depot breach potentially impacted another 60 million consumers. As I write this article, reports are being made public about a breach involving the office supply retailer Staples. We can no longer deny that cybercrime is a real and growing threat to the retail sector.

Americans’ well-founded apprehension about the security of their personal information received a booster shot of sorts when 60 Minutes aired a disturbing piece about the state of digital security.