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Corporate Governance

  • Blue Nile beefs up board

    Leading diamonds and fine jewelry online retailer Blue Nile has added Scott Howe to its board of directors, effective Jan. 1, 2014. Howe is president and CEO of Acxiom Corporation, an enterprise data, analytics and software-as-a-service company.

    Prior to his current role, Howe was corporate VP of Microsoft Advertising Business Groups, where he managed a multibillion-dollar business encompassing all emerging businesses related to online advertising including search, display, in-game, mobile, digital cable and a variety of enterprise software applications.

  • Payvision expands payment processing platform

    Payvision, an independent payment services provider, has added JCB Card to its global payment portfolio. As the only international payment card brand based in Japan, JCB has a strong presence in Asia, while processing secure payment transactions for its expanding network of 24 million merchants worldwide.

  • Why Walmart’s opponents can’t be taken seriously

    The newest tactic to disparage Walmart by an organization called the Organization United for Respect at Walmart (OUR Walmart) involves race, politics and a convoluted connection to the late Dr. Martin Luther King Jr.

    Eight-year Walmart employee and OUR Walmart member Charmaine Givens-Thomas has posted a petition on the organization’s website invoking the name of the slain civil rights leader. She is seeking 100,000 signatures and a meeting with president Barack Obama to address the injustices to which she contends Walmart subjects its workers.

  • Office Depot, OfficeMax complete merger

    New York -- Office Depot and OfficeMax announced the completion of their merger late Tuesday and from the looks of third quarter results released the same day the deal should prove beneficial to both companies.

    Office Depot said its third quarter same store sales declined 2%, while OfficeMax said its comps dropped 2.8% in the U.S. and 2.2% in Mexico.

    The combined company will use the name Office Depot, Inc. and will trade on the New York Stock Exchange under the symbol ODP.

  • NRF exec chairs new benefits coalition

    Washington, D.C. - A broad-based group of organizations including large and small employers, pharmacy benefit managers, providers, health benefits advisers and health plans from across the country have launched the Affordable Health Benefits Coalition (AHBC). The Coalition’s main priority is advancing policy ideas that it says will help people obtain more affordable health coverage.

  • Winick adds broker team in Cranford, N.J.

    New York -- Winick Realty Group has welcomed the broker team of Alison Cohen and Susan Preisler to its New Jersey branch, in Cranford. Cohen and Preisler have been partners for more than a decade, starting up a retail division at Hirschman Realty before moving to Vanguard Realty.

    As a team, they specialize in leasing regional shopping centers, a specialty they plan to continue as part of Winick, working with both landlords and tenants.

     

  • WinCo announces stores in Idaho and California

    Boise, Idaho — WinCo Foods has announced that it will open two new discount supermarkets on November 7. The stores are located in Coeur D’Alene, Idaho and in Norco, Calif. and span 75,000 sq. ft. and 65,000 sq. ft. respectively.

  • Red Robin opens in Secaucus, N.J., and Cincinnati

    Greenwood Village, Colo. — Red Robin Gourmet Burgers has announced that it will open two new restaurants, one in Secaucus, N.J., and another in the Cincinnati metro area. To help celebrate the grand opening of the new restaurants, the company will donate the proceeds of all sales of its signature Freckled Lemonade during the two restaurants’ first week of operation to Alex’s Lemonade Stand Foundation, a non-profit organization dedicated to finding cures for kids with cancer.

  • Togo’s announces nine franchise agreements in California

    San Jose, Calif. — Togo’s Eateries has announced signed development agreements with new and existing franchisees to open nine new restaurants in markets across California. The company will open two restaurants in downtown Los Angeles, two in midtown and downtown Sacramento, and single units in San Jose, Santa Cruz, Riverbank, El Centro and Petaluma.

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