Corporate Governance

Boise, Idaho - Associated Grocers of Florida is adopting recall process management technology from Recall InfoLink. Recall InfoLink offers a Web-based product recall management platform that protects brand image and reduces liability for businesses involved in processing recalls.

It improves efficiency by providing standardized messages, automated communications, inventory tracking and reports for compliance efforts.

Sprouts Farmers Market’s president and CEO Doug Sanders credited the company’s focus on offering healthy food at affordable prices for 28 consecutive quarters of positive same-store sales growth as well as record first quarter results that outperformed its targets.

Virgin Mobile has entered into a partnership with Banana Republic that will offer its Canadian members the newest looks from the brand for less.

Starting today through Dec. 31, Virgin Mobile members will receive 20% off any one full-priced item at Banana Republic stores across the country.

New York – Barnes & Noble Inc. reportedly plans to open about 300 new stores on college and university campuses in the next five years. According to Reuters, Barnes & Noble wants to expand its college bookstore footprint from the current 696 locations to 1,000.

Amazon customers in 15 additional cities are now eligible for Sunday delivery, according to the online retail giant.

In addition to the Los Angeles and New York metro areas where Sunday delivery launched late last year, Amazon customers in the following locations are now receiving deliveries on Sunday:

San Jose, Calif. - EBay and Invaluable are launching a partnership to offer traditional live auctions through real-time online bidding at auction houses around the world. Invaluable’s software solutions, including their online live bidding technology, will allow its partner auction houses to bring more than $4 billion of inventory onto the global eBay platform.

Jacksonville, Fla. – Body Central swung to a net loss of $9.3 million in the first quarter of fiscal 2014 from net income of $2.7 million a year earlier. Net revenues decreased 26.6% to $59.7 million, compared to $81.4 million for the first quarter of 2013, and same-store sales fell 26.8%.

New York -- Many retailers reported better than expected sales in April, helped by warmer weather and a later-than-usual Easter. Gap Inc., L Brands, Costco Wholesale Club, The Buckle, Stein Mart and Zumiez all came in ahead of analysts estimates.

At Gap Inc., same-store rose a better-than-expected 9% in April. By banner, sales were up 3% at Gap stores, 7% at Banana Republic and 18% at Old Navy. Analysts had expected Gap’s total same-store sales to inch up 0.1%.