Corporate Governance

BRENTWOOD, Tenn. — Tractor Supply Company, the largest retail farm and ranch store chain in the United States, has announced that its board increased the company's quarterly cash dividend 30% to $0.26 per share.

Kellogg’s North American first quarter results were solid, but its performance overseas, particularly in the U.K., helped bolster its results. The company reported net sales of $4 billion, an increase of 12%. Meanwhile, internal net sales, which exclude the effects of foreign currency translation, acquisitions, dispositions and integration costs, rose by 2.2 percent over the same period. 

PLEASANTON, Calif. — Callidus Software, a leading provider of hiring, learning, marketing and selling cloud software, has appointed Bob L. Corey to serve as SVP, CFO. Corey will report to Leslie Stretch, the company's president and CEO.

Sometimes, to meet consumer demand you have to get creative. That’s what developer Centergy Retail, LLC, Dallas, did in the conceptualization of a hybrid power-lifestyle center in the heart of El Paso, Texas.

One of the few ground-up developments in the U.S., The Fountains at Farah will open October 2013 with 600,000 sq. ft. of best-in-class national junior anchor stores, fashion and name brand retailers, and upscale boutiques, restaurants and retail service uses.

Hudson, Ohio — Jo-Ann Fabric and Craft Stores has hired former Disney and J.C. Penney’s executive Kris Arabia as VP of product development. Arabia will report to senior VP and chief marketing and merchandising officer Riddianne Kline.
 

Austin, Texas — Specialty golf retailer Golfsmith International has promoted Eli Getson to executive VP, general merchandising manager. In his new role, Getson will be responsible for all North American merchandising activity across the company's U.S. Golfsmith stores, Canadian Golf Town stores and e-commerce channels for both brands.
 

By Garrick Brown, research director, Terranomics

New York -- Walmart is emphasizing e-commerce for growth, said Neil Ashe, the chain’s president and CEO of global e-commerce, said during an investor presentation Wednesday morning.

 

Deerfield, Ill. -- Walgreens on Wednesday will celebrate the official opening of its latest flagship, located at School and Washington streets in Boston. The store is located in an old Borders store.
 

Goodlettsville, Tenn. -- To support its strong growth and fill current vacancies, Dollar General is planning to hire 10,000 employees in May for its store and distribution center locations. Career fairs to recruit candidates will be held throughout the month in the 40 states the company serves.