Skip to main content

Corporate Governance

  • Report: Sears Canada, J.P. Morgan to end credit card agreement in Nov. 2015

    Toronto, Canada –- J.P. Morgan Chase & Co. will reportedly end its agreement to issue credit cards for Sears Canada when the term expires Nov. 15, 2015. According to the Wall Street Journal, in the meantime the two companies will explore opportunities to sell the credit card program to a third party, with Sears Canada receiving as much as $154 million if a sale goes through.  

  • Guest Commentary: Made in the USA?

    Unless you are a grandstanding politician, the notion of American apparel production may feel like it was declared dead years ago. Our share of domestically manufactured apparel has dropped from 50% in 1994 to 2.5% in 2012, and this trend shows little sign of reversing on a macro level.  

  • ‘Toys’ executive to lead Brookstone

    A Toys“R”Us executive will take over the top post at Brookstone, the product development company and specialty retailer that emerged from bankruptcy this year after being bought by a group of Chinese investors.

    “We were impressed by Tom's success at rejuvenating businesses and by his broad and deep achievements as a senior executive in the retail industry,” Piau Phang Foo, chairman of the board of directors, said. “He has demonstrated success at driving innovation and growth globally."

  • Report: Urban Decay opens first brick-and-mortar store

    Newport Beach, Calif. –- Formerly pure-play online specialty cosmetics retailer Urban Decay has reportedly entered the brick-and-mortar arena. According to the Los Angeles Times, Urban Decay opened its first physical store, at the Fashion Island mall in its headquarters town of Newport Beach, Calif., on Monday, Nov. 17.  

  • Sears seeks fit with 'Reserve It' service

    Just in time for the peak holiday shopping season, Sears is introducing "Reserve It" – a free service that lets Shop Your Way members pick out apparel and footwear in stock at their local Sears, put the items on hold, and then try them on once they arrive at the store.

  • Report: CVS will open Boston innovation lab

    Woonsokcet, R.I. -- CVS Health will reportedly open a 15,000-sq.-ft. digital innovation lab in Boston during the upcoming winter.   According to BetaBoston, CVS hopes to ultimately have about 100 employees working at the center, both new hires and workers moved from the CVS headquarters in Woonsocket, R.I.  

  • Shared WiFi app wins PayPal ‘BattleHack’ contest

    San Jose, Calif. -- PayPal and Braintree have named named the $100,000 grand prize winner of the 2014 BattleHack Series. At the World Finals, competitors were tasked with building an application that incorporates PayPal, Braintree or Venmo APIs.    The grand prize was awarded to the team from Tel Aviv, with two hackers, Shai Mishali and Pavel Kaminsky.   

  • Dollar General accepts American Express payment

    Goodlettsville, Tenn. - All Dollar General stores now accept American Express cards as a form of payment. Dollar General operates more than 11,500 locations in 40 states.    “We strive to provide our customers with a simple and hassle-free shopping experience,” said Todd Vasos, Dollar General’s COO.  
X
This ad will auto-close in 10 seconds