Corporate Governance

Canton, Mass. — Dunkin’ Donuts has filed for permits to open its first traditional restaurants in California. The new restaurants are planned for Downey, Long Beach, Modesto, Santa Monica and Whittier.

Plano, Texas — Rent-A-Center, Inc. has appointed two new senior executives. The company named Guy J. Constant as executive VP finance, CFO and treasurer, and Jody Diaz as senior VP HR and chief people officer, both effective June 16, 2014.

Houston — Francesca’s Holdings Corp. on Tuesday reported a 21% drop in profit during the first quarter of fiscal 2014, to $8.6 million from $10.9 million.  Harsh winter weather and higher expenses related to its boutique business contributed to the decline in net income. The company also reduced its annual outlook.

Francesca’s plans to open 85 new stores during fiscal 2014, including 16 in the second quarter.

Target has bolstered its digital security efforts with the appointment of former General Motors and General Electric executive Brad Maiorino to the newly created role of SVP and chief information security officer.

Fort Myers, Fla. — Chico’s FAS Inc. is reportedly considering taking itself private. According to Financial Times, the women’s apparel retailer has been holding talks with several private equity firms in recent weeks.

Maria Martinez was elevated to the role of chief human resources officer at HSN, Inc., a $3.4 billion interactive multichannel retailer.

Burlington, Mass. — Attune Consulting, a global solutions provider to the fashion and lifestyle industries, today has collaborated with SAP to co-develop the SAP Fashion Management application. SAP Fashion Management is a vertical wholesale, manufacturing, and retail solution designed to bring all business operations onto a single platform powered by SAP Hana to create cross-channel, integrated fashion companies.  

Attune's first customer implementation of SAP Fashion Management will begin in July with Tommy Hilfiger Europe.

Minneapolis — Christopher & Banks Corp. more than quadrupled its net income to $2.6 million in the first quarter of fiscal 2014 compared to $0.6 million in the same quarter the prior year. The women’s apparel chain also plans to open six new outlet stores and three new stores in its MPW (Missy, Petite, Women) format during the fiscal year.