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Corporate Governance

  • Kroger hires CPG vet in digital move

    Kroger’s existing businesses are performing quite well so what better time to create a new senior executive role focused on new business development.

    The nation’s largest supermarket operator said it named Procter & Gamble veteran Alex Tosolini to the newly created role of SVP of new business development reporting directly to CEO Rodney McMullen. Tosolini spent the past 24 years at P&G, most recently as SVP of global e-business and vp of global e-commerce.

  • Ulta adds finance expertise to board

    Leading cosmetics retailer Ulta Beauty named veteran financial industry executive Michelle Collins to its board.

  • Downtown Doral retail phase launches construction

    Miami -- A visionary downtown Miami project has launched construction, promising to deliver a mix of uses and a true urban community.  

  • Tool company extends longest streak in retail

    Plenty of retailers pay dividends, but none comes close to matching the track record of Stanley Black & Decker.

    The company declared a 52 cent a share dividend for its fourth quarter and in so doing set a mark no retailer is likely to ever attain.

  • Quiksilver makes changes to senior leadership

    Huntington Beach, Calif. -- Quiksilver announced that Bob McKnight will retire as a senior executive of the company on Oct. 31, 2014. He will remain a director. The teen retailer also said CEO Andy Mooney has been elected chairman and Pierre Agnes has been promoted to president of Quiksilver, effective Nov. 1, 2014.  

  • NRF launches Retail Jobs Week

    Washington, D.C. -- The National Retail Federation (NRF) is offering Retail Jobs Week the week of Oct. 13-17, a multi-faceted effort to push back against long-held misperceptions about working in the retail industry. Through this initiative, NRF aims to continue educating Washington lawmakers about the value retail jobs deliver for workers and the economy.  

  • Ann in non-disclosure agreement with Golden Gate Capital

    New York -- Ann Inc., parent of Ann Taylor and Loft, said Tuesday it has entered into a non-disclosure agreement with Golden Gate Capital to provide certain non-public information with the private equity firm.    Golden Gate disclosed in a filing in March it bought a 9.5% stake in the women's clothing retailer. Ann said it has been engaged in a "collaborative, constructive" dialogue with Golden Gate since March. 

  • DirectBuy names new executive team

    Merrillville, Ind. -- DirectBuy, the membership-based buying organization that enables consumers to purchase from manufacturers and suppliers without retail markup, has named a new executive leadership team. This new team is led by new CEO Mike Bornhorst, who comes to DirectBuy after spending time in leadership positions with companies such as ADT and Culligan Water.   
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