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Corporate Governance

  • Survey: L.L. Bean, Amazon satisfy customers most during holiday

    Ann Arbor, Mich. – Amazon.com and L.L. Bean tied for the highest company-level customer satisfaction scores during the 2013 holiday season. According to the ForeSee Experience Index: 2013 U.S. Retail Edition, Amazon and L.L. Bean both scored 90, while Priceline had the lowest company-level satisfaction score (75) of 100 top retailers included in the Index.

    The study offers a comprehensive view of satisfaction at the company-level and across every applicable sales channel including store, contact center, web and mobile.

  • Digital holdout Michaels plans 2014 IPO

    The nation’s largest arts and crafts retailer plans to go public this year and the launch of a new ecommerce platform that gives Michaels Stores long overdue online sales capabilities is a key element of its growth strategy.

  • Amazon promises HD TV on steroids

    The CES show in Las Vegas is ground zero for big announcements and Amazon sought to make a splash of its own this week, announcing a commitment to 4K technology and arrangements with some of the biggest names in entertainment to enhance television picture quality.

  • WhiteWave Foods appoints president for newly acquired organic business

    The WhiteWave Foods Company has named Kevin C. Yost as president of the company’s newly acquired Earthbound Farm business. Charlie Sweat, previously CEO of Earthbound Farm, will move into an advisory role to ensure a smooth transition.

    The rest of the Earthbound Farm management team will continue to serve in their current roles.

  • Design competition seeks omnichannel innovators

    As retail store designs continue to rapidly evolve in the ecommerce era, Chain Store Age is looking for the best of the best for its 32nd annual Retail Store of the Year Design Competition.
     

  • Wearable tech startup expands board

    Former Motorola executive and early stage technology investor Richard N. Nottenburg, PhD, has joined the board of Theatro, a startup focused on wearable devices.

    Nottenburg previously served as president and CEO and a member of the board of directors of Sonus Networks from 2008 to 2010. From 2004 until 2008, Nottenburg was an officer with Motorola, ultimately serving as its EVP, chief strategy officer and chief technology officer. He currently serves on the boards of PMC Sierra, Verint Systems and Aeroflex Corporation.

  • Bloomingdale's is ready for some football

    Upscale department store retailer Bloomingdale’s isn’t a name typically associated with football, but that all changes this year as a result of the Super Bowl being held in New York for the first time ever.

    Bloomingdale’s, operator of 37 department stores nationwide, will use its flag ship store on 59th Street in Manhattan to unveil a collection of designer helmets and a unique and stylish collection of entertaining essentials beginning January 15.

  • ChannelAdvisor taps new VP, general counsel

    ChannelAdvisor, a leading provider of cloud-based e-commerce solutions, has appointed Diana Semel Allen as VP and general counsel. In her new role, Allen will oversee the company’s worldwide legal functions, including regulatory compliance, commercial affairs, mergers and acquisitions, litigation and intellectual property management.

  • Fast Retailing’s slow U.S. expansion

    Japanese apparel retailer Fast Retailing remains deliberate in its approach to growth of its Uniqlo brand in the U.S. with plans for five more stores by mid-year.

    There are currently 1,300 Uniqlo locations worldwide in 13 countries, but only 17 stores in the U.S. The five new stores the company is adding this spring and summer will be located in King of Prussia, Pa., Stamford, Conn., and Daly City, Concord, and Milpitas, Calif. The company’s other existing stores are clustered in the Northeast with and northern California.

  • Newegg scores patent infringement victory

    Newegg opened 2014 with a victory over patent trolls.

    "Newegg believes that fighting patent trolls is necessary to serve our customers, and to facilitate entrepreneurship and true innovation," said Lee Cheng, Newegg's chief legal officer. "We support the patent system, but believe it is being abused on a massive scale by patent trolls who want to force entrepreneurs into cash settlements to avoid the high cost of defense."

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