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Corporate Governance

  • Sales at Stater Bros. up despite Easter holiday shift

    Stater Bros. chairman, president and CEO Jack H. Brown was pleased with the company’s second-quarter performance especially given the challenging environment.

    Consolidated sales in the 13 weeks ended March 30 totaled $963.8 million, up $1.9 million (or 0.2%) from the previous year. Sales for the 26 weeks ended March 30, 2014 were $1.95 billion, representing a $17.2 million (or 0.9 %) increase from the same period in the prior year.

  • Kohl's, Toshiba partner with Plug and Play in retail accelerator program

    New York -- Kohl’s Department Stores and Toshiba Global Commerce Solutions have teamed up with Plug and Play to participate in Plug and Play Retail, an accelerator program that is focused on technologies and teams innovating in the retail industry. (Based in Sunnyvale, California, Plug and Play is a business accelerator that specializes in growing tech startups.)

  • Crocs names Rees president

    The CEO search continues at Crocs, but the casual footwear maker does have a new president.

  • Three Steps Toward Target’s Next CEO

    By Kathy Gersch, executive VP, Kotter International

  • Buc-ee’s streamlines POS with NCR solution

    Jackson, Texas - Convenience store operator Buc-ee’s is using a complete software, hardware and services solution from NCR. The NCR solution is helping to streamline operations as well as increase speed and reliability at the point-of-sale.
     

  • CoreMedia upgrades digital engagement tool

    Tampa, Fla. - CoreMedia, a web content management (WCM) company, has released CoreMedia LiveContext 2.0, a next-generation digital engagement application integrated with IBM WebSphere Commerce that empowers e-commerce and marketing professionals to transform their online stores with deeper, more visually appealing and immersive experiences.

  • Havertys promotes four execs to VP roles

    Atlanta – Havertys has promoted four executives to VP positions. Richard Gallagher was promoted to executive VP merchandising; Bonnie Berry was promoted to VP HR; Greg Johnson was promoted to VP distribution; and Jim Presmanes was promoted to VP risk management and insurance.   

  • E-commerce sees double-digit growth in first quarter

    According to a report by digital measurement firm comScore, desktop-based e-commerce spending rose 12% year-over-year to $56.1 billion, marking the 18th consecutive quarter of positive year-over-year growth and 14th consecutive quarter of double-digit growth.

    M-commerce spending on smartphones and tablets added $7.3 billion for the quarter, up 23% compared to a year ago, for a digital commerce spending total of $63.4 billion in the first quarter.

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