Corporate Governance

BURLINGTON, N.J. — Burlington Coat Factory has joined forces with The Foundation for National Institutes of Health (FNIH) and the National Heart, Lung, and Blood Institute's (NHLBI) The Heart Truth campaign dedicated to raising awareness of heart disease among women.

NEW YORK — Saks has introduced its Saks Love Your Cause Initiative, which will give 5% of all registered purchases to the American Red Cross and select local organizations, during February.

“Saks Fifth Avenue is committed to our local communities. We appreciate our customers’ charitable involvement and look forward to giving back locally for a second year with this exciting and newly implemented national program,” Steve Sadove, chairman and CEO, Saks Inc., said.

TORONTO — The Home Depot Canada has joined other Canadian retailers in complying with the government's planned phase out of the penny.

However, the retailer noted that many Canadians were unaware of the phase-out, and wanted to ensure its customers that it is doing its best to inform them of the change. As of Feb. 4, the penny will no longer be in circulation. 

CHICAGO — The Network of Executive Women on Friday named Donna Giordano, president of the Ralphs division of Kroger, and Monica Turner, general manager of market strategy and planning for Procter & Gamble, co-chairs of the NEW Executive Leaders Forum 2013.

WASHINGTON — U.S. commissaries could face severe cuts if Congress fails reach a budget, leaving many military families without the benefits they rely on to make ends meet, according to the Coalition to Save Our Military Shopping Benefits.

NEW YORK — Shopping online for high fashion at low prices is a popular activity for fashionistas, and now one of the more iconic brands has jumped on the trend. Style seekers who can't make it to New York City to shop Barneys New York's famous warehouse sale will soon have a new way to get their fashion fix.

WASHINGTON — The National Retail Federation took aim at President Obama and Congress for not doing enough to improve the jobs situation and boost the economy.

The Journal of Shopper Research named University of Indiana business professor Raymond Burke as editor.

On Thursday the unthinkable happened, customers who wanted to do a bit of shopping on Amazon.com were met with an error message as the e-commerce site was down for nearly an hour. 

Toronto -- The Home Depot Canada has joined other Canadian retailers in complying with the government's planned phase out of the penny.

However, the retailer noted that many Canadians were unaware of the phase-out, and wanted to ensure its customers that it is doing its best to inform them of the change. As of Feb. 4, the penny will no longer be in circulation.