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Corporate Governance

  • Texas and the Carolinas drive September sales at Stein Mart

    Texas and the Carolinas drove the strongest sales at Stein Mart in September, while California, Arizona and the Northeast performed lower than the chain.

    The company reported total sales for the five-week period ended Oct. 4 of $119.4 million, a 6.5% increase over total sales of $112.2 million for the prior-year period. Comparable store sales increased 4.9%.

    Year-to-date total sales increased 3.1% to $832.9 million from $807.8 million for the prior-year period. Comparable store sales increased 2.4%.

  • Campbell taps developer for Camden’s Gateway District expansion project

    Campbell Soup Company has designated Brandywine Realty Trust as the developer of the mixed use development for Camden’s Gateway District. Campbell, the State of New Jersey, the County and City of Camden announced plans to develop the area adjacent to the company’s world headquarters in February 2007 with Campbell designated as the master redeveloper of the project.

    The 13 acres earmarked for development are located off Newton Ave., between Admiral Wilson Blvd. and 11th Street.

  • Destination Maternity has ‘disappointing’ fourth quarter

    A decrease in same-store sales and losses resulting from Destination Maternity’s continued efforts to close underperforming stores fueled a net sales decline in the fourth quarter — just two months after Anthony Romano came on board as CEO.

    Net sales at Destination Maternity dropped 5% to $122 million in the fourth quarter of fiscal 2014, from $128.3 million the same quarter a year earlier. Same-store sales, including Internet sales, declined 5%. Sales results were below previously released guidance.

  • EnTouch Controls honors Corner Bakery Café for energy efficiency

    Dallas -- EnTouch Controls awarded Corner Bakery Cafe the company’s annual Environmental Sustainability Award for its commitment to energy efficiency. The award is given to businesses that have made a significant positive impact on the environment.

  • Shoppes at Chino Hills names GM

    Chino Hills, Calif. -- PM Realty Group announced that Jeff Rieger has been named general manager for The Shoppes at Chino Hills in Chino Hills, California. PMRG has provided leasing and management services to The Shoppes at Chino Hills since 2008 and has led the repositioning efforts for the 380,000-sq.-ft. lifestyle center.

  • Democratic process decides hunger help effort

    More than 362,000 votes were cast online in an innovative approach Walmart used to determine how $3.7 million in donations would be allocated among food banks nationwide.

  • SC Johnson to disclose product-specific fragrance ingredients

    SC Johnson plans to disclose product-specific fragrance ingredient information, thus expanding its ingredient disclosure efforts.

    Beginning in spring 2015, consumers will have access to the main ingredients used to create the fragrances in SC Johnson products. SC Johnson chairman and CEO Fisk Johnson announced the initiative during his remarks at the American Oil Chemists' Society World Conference in Montreux, Switzerland, this week.

  • eBay woos holiday shoppers with global brand campaign

    eBay plans to leverage its latest global brand campaign, called “Shop the World,” to position itself at the forefront of shoppers’ minds during the holiday shopping season.

    eBay’s brand advertising and marketing campaign, which debuts Oct. 13, aims to support sellers by engaging existing eBay users and attracting new ones.

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