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Corporate Governance

  • P&G files infringement lawsuit over tooth-whitening tech

    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.

  • Walmart, Operation Homefront saluting heroes together

    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.

  • Columbia Sportswear discuses Cloud tech at conference

    OAKLAND, Calif. — Columbia Sportswear is headed to the Gartner Supply Chain Executive Conference, being held May 21-23, in Phoenix, Ariz., to share insights and best practices for deploying cloud technology alongside GT Nexus. 

    Fred Pond, VP, CIO of Columbia Sportswear, and Kurt Cavano, chief strategy officer at GT Nexus, will share lessons learned from Columbia's technology approach to executing global procure-to-pay processes in which buyers, suppliers, financial institutions and other key third parties operate on the same cloud platform.

  • The North Face takes America outdoors

    SAN LEANDRO, Calif. — The North Face, the outdoor product company specializing in outerwear, footwear and backpacks, is partnering with state parks around the country to encourage participation in outside activities. 

  • Bloomingdale’s to make Hawaiian debut

    New York -- Bloomingdale’s plans to open a 167,000-sq.-ft., three-level store at the Ala Moana Center in Honolulu in fall 2015. It will be the retailer’s first location in the state of Hawaii.

    The new store will be part of a redevelopment of a portion of Ala Moana, by GeneralGrowth Properties. Construction will begin in 2014. The upscale chain of department stores, owned by Macy’s, will join a Macy’s store which already operates at the shopping center.

  • Former Tuesday Morning CEO files discrimination lawsuit again ex-employer

    Dallas -- Kathleen Mason, former CEO of Tuesday Morning, has filed a lawsuit against her ex-employer in Dallas District Court claiming discrimination. Mason, who was fired last June, alleges that Tuesday Morning mistreated and then terminated her within months after learning she was suffering from breast cancer.

  • Starbucks names Chiquita exec as executive VP, global supply chain

    Seattle -- Starbucks Coffee Co. has appointed Deverl Maserang as executive VP leading the company’s global supply chain organization, effective June 3. He will be accountable for end-to-end supply chain operations globally spanning manufacturing, engineering, procurement, distribution, planning, transportation, inventory management and worldwide sourcing.

    Maserang joins Starbucks from Chiquita Brands International, where he led the Global Value Chain for Chiquita and Fresh Express.

     

  • Nordstrom Q1 profit and sales disappoint

    Seattle -- Nordstrom Inc. reported its first quarter net income fell a greater-than-expected 3%, hurt by weak demand for spring merchandise and softer performance in the Northeast and Midwest. The company also lowered its full-year sales forecast.

    The results were a rare miss for the upscale department store chain whose shoppers have proved resilient throughout the uncertain economy.

  • Stages Stores Q1 loss widens

    Houston -- Stage Stores reported a loss of $6.9 million for the first quarter, compared with a loss of $418,000 for the year-ago period, as the retailer dealt with cool weather that put a damper on sales of spring apparel.
     
    "The unseasonably cool weather in March and April, particularly when compared to last year's warm spring, strongly impacted our sales performance," president and CEO Michael Glazer said.

    Revenue rose 4% to $378.6 million from $365.7 million. Same-store sales inched up 0.7%.
     

  • Wegmans delays Massachusetts store opening

    New York – Wegmans is pushing back the scheduled opening of a new store in Newton, Mass., until spring 2014. The grocery retailer is citing construction delays and demands of other projects, such as the upcoming grand opening of a replacement store in Rochester, N.Y., this Sunday, for causing the later opening of the new suburban Boston location.

    Wegmans currently operates one store in Massachusetts, a 138,000-sq.-ft. facility in the town of Northborough.

     

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