Corporate Governance

Toano, Va. -- Lumber Liquidators has launched a new section of its website detailing the company's sustainability efforts. Highlights include a DNA-testing program to identify wood species and origins, as well as audits of high-risk wood species.

In addition, Lumber Liquidators offers on-site sustainability training in international locations, online and in seminars, and is also increasing its North American sourcing.

Nashville, Tenn. -- Under Armour plans to build a new one million-sq.-ft. distribution and warehouse facility in Mount Juliet, Tennessee, a suburb of Nashville. This will be Under Armour's third distribution center in the United States, with the original warehouse in the company's hometown of Baltimore, Maryland, and the other located in Rialto, California.

Hoffman Estates, Ill. – Sears Holdings Corp. is selling most of its 51% stake in its Sears Canada division to shareholders as its looks to boost its liquidity before the crucial holiday selling season. Sears, which previously said it was exploring options for the struggling Sears Canada unit and retained Bank of America Merrill Lynch in May 2014, expects to raise as much as $380 million by November 2014. 

Seattle -- Starbucks Coffee Company and HBO will host a free, all-star concert to honor the nations veterans and their families on the National Mall in Washington, D.C., to be presented live on HBO on Veterans Day, Nov. 11.

The line-up of performers scheduled to appear at The Concert for Valor include Bruce Springsteen, Eminem, Jamie Foxx, Dave Grohl, Metallica, John Oliver, Rihanna, Carrie Underwood and Zac Brown Band, as well as special appearances by Meryl Streep, Tom Hanks and Steven Spielberg, among others.

San Francisco - The RealReal, a provider of authenticated luxury consignment, has appointed Michael Groffenberger as senior category director of fine jewelry and watches. Just prior to joining The RealReal, Groffenberger was executive VP of Shreve, Crump & Low in Boston, prior to that he was a senior sales professional at Tourneau.

Groffenberger is filling a new position created by The RealReal, Groffenberger will run the department, overseeing the full-time staff of fine jewelry & watch expert authenticators.

Deerfield, Ill. – Walgreens and The Western Union Company have launched international and domestic money transfers through a new Western Union stage and pay kiosk model via the Walgreen’s Balance Financial platform. Customers can send or receive money at more than 7,650 Walgreens and Duane Reade locations in 49 states, the District of Columbia, Puerto Rico and the U.S. Virgin Islands.

New York — WebMD Health and Walgreens on Thursday announced  a partnership designed to improve health and wellness in America by helping and encouraging consumers to make healthier choices at home, work and on-the-go.
 
In the coming months, the companies will work together to provide WebMD’s virtual wellness-coaching programs directly to Walgreens customers. Walgreens will also incorporate WebMD content on a variety of health topics, co-branded by WebMD and Walgreens, into its digital experience and stores.

Rite Aid reported $2 billion in sales for the four weeks ended Sept. 27, representing a 4.5% increase over the comparable year-ago period.
 
Same-store sales increased 5.1% over the prior-year period, including a 2.3% lift in front-end same-store sales and growth of 6.3% in pharmacy comparable sales. Pharmacy same-store sales included an approximate 225 basis points negative impact from new generic introductions. Prescription count at comparable stores increased 4.4% over the prior-year period.