Corporate Governance

Los Angeles -- More than half (63%) of U.S. online shoppers are not familiar with Chinese e-commerce giant Alibaba.com, according to a survey by Bizrate Insights, a division of Connexity (formerly Shopzilla).

 

Interestingly, respondents not familiar with the Alibaba brand or website skewed toward younger generations and women (who traditionally are the decision makers behind the lion’s share of retail).

 

Bentonville, Ark. -- Wal-Mart Stores Inc. is planning to sharply cut back the growth of its U.S. supercenters in favor of smaller-format stores and acccelerated e-commerce and digital investments.    

Procter & Gamble has introduced a new ad campaign for its Olay brand featuring Katie Holmes in which the actress encourages woman to be their best beautiful.

Created in partnership with Saatchi & Saatchi New York, Holmes encourages women around the world to be their best beautiful – in their lives and their skincare while featuring Regenerist and other Olay products.

St. Petersburg, Fla. –- HSN Inc. is partnering with television services provider TiVo to launch Shop By Remote, HSN's interactive shopping experience. With a click of a button TiVo users can now shop for thousands of products featured on HSN shows.    Located within the Apps & Games menu on TiVo Central, users can visit the HSN app to view and purchase recently featured items or browse HSN's catalogue of more than 40,000 products. 

Bentonville, Ark. –- Wal-Mart Stores Inc. is reportedly piloting a service called InstaWatch that lets customers obtain digital access to movies they buy in stores or on the Wal-Mart site.  

Whole Foods Market is helping its shoppers make a choice between good, better and best when it comes to the level of growing practices they want to support when purchasing fruits, vegetables and flowers.

Seattle –- Amazon.com will open a holiday pop-up store at San Francisco Westfield Centre, in San Francisco, on Wednesday, Oct. 22, according to the San Francisco Business Journal.   

Boston –- Between April and June of 2014, the retail sector led all industries in data breaches with 145 million records, or 83% of the total records compromised, costing retailers $195 per record apprehended. In response, Boston Retail Partners has released recommendations for data security best practices.    The recommendations include: