Corporate Governance

San Francisco -- The Levi's brand has chosen a customized advertising agency model. Effective immediately, the Levi's brand will transition to a combined agency team from Draftfcb Worldwide and The House Worldwide to deliver global marketing, creative and strategic support.

Target CFO John Mulligan ably represented the company in testimony before a Senate committee on Tuesday, but the one in the hot seat should have been chairman, president and CEO Gregg Steinhafel.
 
Recall when the nation’s bankrupt automakers needed a bailout, it was the CEOs of General Motors and Chrysler who appeared before legislators. And when big banks came under fire for their role in the housing crisis it was the financial firms’ CEOs who endured lawmakers pointed questions.

Deerfield Park, Ill. - Walgreens had January 2014 sales of $6.39 billion, an increase of 3.7% from $6.17 billion for the same month in fiscal 2013. Same-store sales grew 2.9%.

Calendar day shifts negatively impacted total comparable sales by 0.3 percentage point, while generic drug introductions in the last 12 months negatively impacted total comparable sales by 0.9 percentage point. Walgreens opened 12 stores during January, including three relocations, and closed three.

Seattle-based Nordstrom plans to open a Nordstrom Rack at Christiana Fashion Center in Newark, Del. The approximately 35,000-sq.-ft. store, which is scheduled to open in fall 2015, is the company’s first Rack location in the state.

The single-level, newly built Nordstrom Rack is located at the intersection of Interstate 95 and Route 1, adjacent to Christiana Mall and will be surrounded by a strong tenant mix.

Chattanooga, Tenn. — Dick’s Sporting Goods is moving across the street from the periphery of the Monroeville Mall in Monroeville, Pa., into the mall, according to CBL & Associates Properties, the mall’s owner. The existing Dick’s Sporting Goods will remain open until the new store completes construction. Plans call for a grand opening this summer.

San Francisco-based One Kings Lane, an online destination for the home, has appointed Arun Rajan as chief technology officer.

In his new role, Rajan will lead end-to-end technology delivery, data infrastructure and site operations to support the growth and evolution of One Kings Lane.

Rajan joins alongside chief product officer David Yu, who joined One Kings Lane in mid-2013.

Edmonton, Canada -- Sport Chek on Wednesday opened an 80,000 sq.-ft. flagship in Canada's West Edmonton Mall. The store is designed to offer a personalized shopping experience that connects consumers to the sports they are passionate about.

The space includes 800 screens that display product images, promotions and local sports information. It features over 1,200 sq. ft. of digital projection.