Corporate Governance

Mobile marketing and customer relationship management company Mocapay has hired Chris Munz as its director of business development.

“Chris is a welcome and strategic addition to the Mocapay team,” Mocapay CEO Doug Dwyre said. “As Mocapay continues to grow we welcome Chris’ expertise and proven track record of successful marketing strategy planning and implementation as well as an extensive technical understanding of needs of clients.”

Conshohocken, Pa. -- Ikea is planning to raise the hourly minimum wage for employees in its U.S. stores by an average 17%, beginning January 1, 2015. In a move unprecedented among U.S. retailers, Ikea’s wage hike will vary in that it will be based on the cost of living in each store’s location. According to Ikea, the change will take the average minimum hourly wage in its existing U.S. stores (as of June 2014) to $10.76, a $1.59 or 17% increase, and $3.51 above the current federal minimum wage.

New York -- China's Alibaba Group Holdings plans to list its shares on the New York Stock Exchange, Bloomberg reported. In a filing on Thursday, the company revealed it will use the ticket "BABA."

Alibaba filed for its IPO in May. The online giant is looking to sell about a 12% stake, the report said. Experts have said it could be the largest U.S. IPO ever.

McCormick & Co is vowing to accelerate innovation, increase marketing support and be a more effective category leader with trading partners after sales declined 5% in the spice and flavoring company’s America’s region.

Pedigree has launched its 50-state animal shelter renovation project with the help of Miranda Lambert in Tishomingo, Oklahoma, the country singer’s hometown.

“I started supporting this shelter to ensure every dog in my hometown would have a safe place to stay and enough food to fill their bellies. And Pedigree has helped me deliver on both those promises,” Lambert said at the event, where she and several community members and Pedigree employees cleaned the shelter and erected agility courses.

Houston -- Hungry Howie's Pizza has signed a multi-year agreement to exclusively use HungerRush Online Ordering. HungerRush is a product of Revention, which has been providing online ordering services since 2006.

While Walmart and the Walton family were taking heat, again, on the national stage over worker pay and alleged stinginess, it was a different situation in Northwest Arkansas where generosity was in plain view.

The Walmart NW Arkansas Championship presented by P&G is underway at the Pinnacle Country Club and as has been the case in years past the LPGA golf tournament is accompanied by numerous charitable donations.

MISSISSAUGA, Ontario -- Target announced that all 124 store locations it has opened across Canada in 2013 have been awarded Leadership in Energy & Environmental Design (LEED) certification.