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Corporate Governance

  • Dickies tries on social networking

    FORT WORTH — One doesn’t normally associate social media with Dickies, but the global workwear maker is teaming up with pitcher R. A. Dickey to launch a contest on Facebook and using the social media site to extend its reach.

    The contest, called Built to Work, recognizes the dedication and contributions of blue-collar workers from all walks of life — that is, the target consumer which Dickies aims to outfit with its apparel. 

  • Shopko donates tools to local Habitat for Humanity

    GREEN BAY, Wis. — Shopko and Stanley Black and Decker have teamed up to donate nearly 100 power tools to Greater Green Bay Area Habitat for Humanity.  

  • Office Depot reinvents rewards program amid ongoing merger

    Office Depot has launched a new rewards program with several loyalty enhancements even as it moves closer to consummating its merger with OfficeMax.

    The company’s new program, called simply Office Depot Rewards, is designed to reward shoppers for spending money, sharing information about themselves and recycling. It is a novel approach that is intended to offer a more customized approach to shoppers’ unique behaviors and preferences.

  • Advance Auto Parts names CIO

    Roanoke, Va. -- Advance Auto Parts has promoted Donna Justiss to the position of senior VP and chief information officer. Justiss will be responsible for the strategic leadership of all aspects of Advance’s information technology area, including application development and support, infrastructure and information security.

  • Neiman Marcus files for IPO; looks to expand outlet center format

    New York -- Luxury department store operator Neiman Marcus Inc. on Monday disclosed plans for a proposed public offering of up to $100 million.

    The retailer’s plan, announced in a regulatory filing, comes some eight years after it was acquired for $5.1 billion by private equity firms TPG Capital and Warburg Pincus. In its filing, Neiman Marcus indicated a desire to expand its outlet center concept, Last Call, which currently operates 35 locations.

  • A.T. Kearney: China top market for expansion by apparel retailers

    China -- China once again topped the A.T. Kearney’s 2013 Retail Apparel Index, which measures the market readiness of developing economies for international apparel retailers to enter. Other compelling expansion opportunities are offered by a number of countries from Latin America and the Middle East.

  • Ousted chairman and founder of Men’s Wearhouse quits board

    New York -- George Zimmer, the founder of Men's Wearhouse Inc., resigned from the company board of directors on Monday, according to a letter he sent the board, which was obtained by Reuters.
       
    Last week, Zimmer was fired as the company's executive chairman. On Monday he submitted a letter resigning from the board. In the letter, Zimmer said it was "clear" he was fired by the board "to avoid addressing my growing concerns with recent board decisions."

  • Levin Management survey shows continued caution among retailers

    North Plainfield, N.J. -- A cooler start to spring and mixed-bag of Memorial Day weekend weather in the Northeast may have contributed to less than expected year-to-date sales and traffic for some retailers, according to Levin Management’s annual mid-year Retail Sentiment Survey, which polled retailers in the firm’s 90-property, 12.5 million-square-foot shopping center portfolio.
     

  • CBL in partnership with Tesla Motors

    Chattanooga, Tenn. -- CBL & Associates Properties announced the launch of a partnership with Tesla Motors to install Tesla Supercharging stations at several CBL Malls across the country. Tesla is building a network of stations that will eventually enable Tesla owners to drive coast to coast in their electric vehicles.

  • U.S. Cellular’s top executive named CEO of Ulta Beauty

    Bolingbrook, Ill. -- Ulta Beauty has selected Mary Dillon, the president and CEO of U.S. Cellular, as CEO, effective July 1, 2013. She replaces Dennis K. Eck, who has been serving as interim CEO of Ulta since CEO Chuck Rubin left to head up Michaels.

    Dillon, 52, who will also become a member of Ulta’s board, has served in the top spot at U.S. Cellular since 2010. Previously, she was global chief marketing officer and executive VP for McDonald's Corp.

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