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Corporate Governance

  • Staples, Best Buy, Office Depot score highest on recycling report card

    San Francisco -- Although most of the 16 electronics retailers scored by the Electronics TakeBack Coalition received an “F” grade, three companies – Staples, Best Buy and Office Depot – were deemed to have effective recycling programs.

    More than half of the retailers failed the Coalition’s assessment, including Walmart, Amazon, Costco, Sam’s Club and Sears.

  • First Field & Stream specialty store to open Aug. 16

    Cranberry Township, Pa. -- The Dick’s Sporting Goods new Field & Stream specialty concept will make its debut next month at 1000 Cranberry Square Drive in Cranberry Township, Pa., near Dick’s headquarters in Pittsburgh.

  • Study: Millennials opt for Walmart over Amazon

    Kansas City -- A new study of the millennial generation shows that many 25- to 34-year-old shoppers change their purchasing habits and behaviors after they start their families.

  • CVS reveals via Facebook it won’t sell Boston Bomber edition of Rolling Stone

    New York -- Forbes reported that CVS has opted not to sell the latest edition of Rolling Stone magazine, which features a photo of “Boston Bomber” Dzhokhar Tsarnaev on its cover.

  • Books-A-Million to install Espresso Book Machines in-store

    Birmingham, Ala. -- Books-A-Million has teamed with On Demand Books to put Espresso Book Machines in BAM’s Portland, Maine, store; a second store is slated for installation at a later date.

  • Oreck brand lives on with Hong Kong owner

    More of a mass market future could be in the cards for the Oreck Corporation following acquisition of its assets this week by TTI Group’s Royal Appliance subsidiary, which manufactures well known home improvement and housewares brands.

    Oreck filed Chapter 11 bankruptcy earlier this year and this week the United States Bankruptcy Court for the Middle District of Tennessee approved the sale of its assets to Royal Appliance for a little more than $17 million and the assumption of certain debt obligations.

  • Former AT&T Cloud Solutions exec jumps to a new cloud

    ATLANTA — Red Book Connect, a global, cloud-based software solutions company serving the broader retail and restaurant industries, has appointed Arnab Sur as SVP of global sales, a previously unfilled position since the formation of the company in January 2013.

  • ShopperTrak weighs in with BTS outlook

    CHICAGO — Retail sales and traffic will increase during the back-to-school season, reflecting a recovering economy, according to ShopperTrak, the world’s largest counter and analyzer of retail traffic.

    The company found that national retail sales, when compared to the same period last year, will rise 4.3% in August, and retail foot traffic will increase 0.6%.

  • Kmart’s new viral campaign takes 'yo momma' back to school

    HOFFMAN ESTATES, Ill. — Kmart is kicking it old school this back-to-school season with its latest viral ad campaign, which features “yo momma” jokes. The campaign follows closely on the heels of the retailer’s similarly irreverent "Ship My Pants" and "Big Gas Savings" campaigns.

  • P&G's global beauty group president joins Corning board

    CORNING, N.Y. — Procter & Gamble group president of global beauty Deborah Henretta has been appointed to Corning's board of directors.

    Henretta will also serve on the board's audit and finance committees. She will hold office until Corning`s annual meeting of shareholders in the spring of 2014, at which time she will stand for election to a one-year term. Her appointment brings to 13 the number of directors in the specialty glass and ceramics provider’s board.

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