Corporate Governance

WASHINGTON — The Walmart Foundation has awarded the American Red Cross with a $3.5 million grant that will help 2,500 students receive training for entry-level healthcare careers through the Red Cross Nurse Assistant Training program.

The program is designed to help give students a career pathway into the industry, while also helping communities alleviate a shortage of adequately trained Certified Nurse Assistants.

LEXINGTON, Mass. — Stride Rite Children's Group's first-ever multichannel loyalty program, launched in Nov. 2012, has leapt beyond the million member milestone within six months.

The company estimates that 75% of specialty store and online transactions are associated with a rewards member.

EVANSVILLE, Ind. — Shoe Carnival has appointed Kent Zimmerman as VP of e-commerce. Zimmerman will oversee the company’s e-commerce and omnichannel strategies.

KANSAS CITY, Kan. — Red Legacy, a commercial real estate developer for shopping centers, has hired Stacy Scheelk as its new senior director of new business development.

Scheelk is a shopping industry expert with a background in local, regional and national business development and marketing. She will be charged elevating and maximizing the potential of each development by fomenting partnerships, securing sponsorships, creating specialty retail and increasing ancillary income.

The retail industry is one sector where cash remains king and will continue to be ubiquitous for years to come. Yet despite this, the domain of cash management still remains a major challenge for retailers with cash being expensive to process and secure.

REDMOND, Wash. — Best Buy has landed a partnership with Microsoft Corp. that will allow the retailer to offer a Windows Store at 500 of its locations in the U.S. and more than 100 Future Shop locations in Canada.

FREMONT — Net sales at Men's Wearhouse's flagship brand stores got off to a slow start, but clothing and tuxedo revenues picked up, allowing the company to see total net sales of $617 million for the first quarter ended May 4, an increase of 5% from $587 million for the quarter last year.  

Retailers are poised to benefit from the June 14 release of The Man of Steel and the extensive licensing activity connected to the latest Superman reboot. Warner Bros. Consumer Products has launched a broad, multi-category licensing program with a variety of global licensees to support the highly anticipated film.

The entire Walmart board was re-elected last Friday at the company’s shareholders meeting, but a substantial number of negative votes indicate some investors are not happy with long-time board members and key senior leaders.

FORT WORTH, Texas — Global workwear brand Dickies has teamed up with country music group Eli Young Band. They are offering fans an opportunity to meet the band on the No Shoes Nation Tour with Kenny Chesney.