Corporate Governance

Former Nike executive Tony Moralejo has been appointed chief development officer at Church’s Chicken. Moralejo will be responsible for domestic and international expansion for the global chicken chain, as well as franchising, re-imaging, construction and real estate management. 

He will report directly to president and CEO Jim Hyatt and will be a member of the brand’s executive team.

Yahoo CEO Marissa Mayer has announced on her personal Tumblr blog the company’s plans to acquire the social blogging site for $1.1 billion. It is Mayer’s largest deal to date since becoming head of the multinational Internet corporation. 

CAMP HILL, Pa. — Rite Aid announced the election of former Blue Shield of California president, chairman and CEO Bruce Bodaken to its board of directors. 

GOODLETTSVILLE, Tenn. — The Dollar General Literacy Foundation has awarded more than $6 million in grants to more than 725 schools, nonprofits and literacy organizations to support adult, family and summer literacy programs.

NEW YORK — Target is the latest retailer heading to the Silicon Valley to develop its omnichannel business.

The mass merchandise retailer announced the opening of a new office in San Francisco that will allow it to work with technology companies in the area to create new digital and mobile shopping programs.

ELK GROVE VILLAGE, Ill. — Topco Associates LLC has hired former Limited Brands executive Paul Matthews as the company’s EVP and chief supply chain officer, reporting to president and CEO Randy Skoda. 

Topco provides aggregation, innovation and knowledge management solutions for leading food industry member-owners and customers. Matthews will oversee procurement of the company’s corporate brand and perishable products as well as the company’s logistics, supply chain management and quality assurance areas.

NEW YORK — Macy’s is getting ready for its eighth annual national Shop for a Cause charity shopping event, to be held Saturday, Aug. 24, and the retailer is inviting eligible charities to sign up now. 

The one-day-only shopping event was created to support local charities’ fundraising efforts. Since 2006, the event has helped raise more than $46 million for thousands of charities nationwide. In 2012, more than 7,000 charities signed up to participate. 

MATTHEWS, N.C. — Family Dollar has named Trade Area Systems, a supplier of enterprise market knowledge systems for retail, its IT Strategic Partner of the Year. The award was presented during the company’s fifth annual IT Strategic Partner Summit.

Family Dollar worked with Trade Area Systems in September 2012 to implement TAS Unity, an editable, data-collection software system that allows real estate managers to input photos and comments about stores, competitors and opportunities directly into the system from their mobile devices.

CINCINNATI — Procter & Gamble has filed a lawsuit in the Southern District of Ohio against CAO Group, a manufacturer and distributor of dental products. The lawsuit alleges that CAO Group is violating P&G's intellectual property by manufacturing and selling its “Sheer White,” “Sheer FluorX” and “Sheer DesenZ” products.

P&G is suing CAO Group in order to protect its investment in its technology and its Crest Whitestrips business.

SAN DIEGO — Walmart, Sam’s Club and Operation Homefront kicked off their nationwide series Saluting Heroes Together with a community-wide military appreciation event in San Diego on Armed Forces Day, Saturday, May 18. 

The event was the first in a series of tributes the organizations are hosting across the country to honor men and women who have or are currently serving, as well as their families.