Corporate Governance

Lille, France – French home improvement retailer Leroy Merlin, a banner of Adeo Group, will install Pricer's electronic shelf label (ESL) system in all of its 121 stores by the end of 2015. Thirty -five store installations are planned for 2014 and the remainder during 2015.

The project value is estimated at more than $20 million. Leroy Merlin will roll out a mix of Pricer's economical segment-based ESLs along with featured graphic E-Paper-based labels throughout its stores.

Houston -- Cardtronics, the world’s largest retail ATM owner, has extended its ATM services agreement with Walgreens. Cardtronics is a preferred provider of ATM services for Walgreens. Since the relationship began in 2004, Cardtronics has grown its ATM presence in Walgreens locations significantly — from fewer than 400 initially to roughly 3,250 today.

New York -- Discount supermarket operator Aldi has acquired a 55-acre site in Moreno Valley, Calif., on which it will build its Southern California regional headquarters. The planned 800,000-sq.-ft. facility would serve as Aldi’s West Coast regional office and distribution center as it looks to expand into the Southern California market.

In December, Aldi announced plans to open 650 stores in the United States during the next five years.

Matthews, N.C. -- Family Dollar is expanding its food assortment with the introduction of more than 400 new food items in each of its more than 8,000 stores across the country.

"At Family Dollar our focus is on our customer," said Jason Reiser, Family Dollar executive VP and chief merchandising officer, in a statement. “It’s important for us to constantly evaluate our assortment, making sure that we have the products and national brands that are relevant to her and her family, always at a great everyday value."

Toano, Va. -- Lumber Liquidators is expanding its board of directors from eight to nine members with the appointment of Nancy M. Taylor as a Class III director effective April 1. Taylor currently serves as the president and CEO of Tredegar Corp., serving in such roles since January 2010, and is a member of Tredegar's board of directors.

Canton, Mass. --  Baskin-Robbins is launching a new online cake ordering system for customers nationwide, Online shoppers can browse through Baskin-Robbins' gallery of ice cream cakes and can create their own customizable cake by choosing their favorite ice cream and cake flavor combination.

To survive the long, bumpy ride through the recent recession, many retail logistics executives focused on cost reduction. This necessary objective drove important changes in supply chain strategy, from network right-sizing to innovative warehouse automation and energy-efficiency tactics. A “lean and mean” supply chain model arose, and quickly became vital to survival.

New York – Bergdorf Goodman is collaborating with Elad Group at the developer's newest luxury condominium project, 22 Central Park South. Under the partnership, the iconic Manhattan retailer has styled a model residence in the development with accessories, art work and bedding from its home floor.