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Corporate Governance

  • How emerging brands break through

    New York -- Why do dark horse companies win -- and how do they win?

    That topic is the focus of a new book by sales strategist and Elevation Forum founder Dan Mack: “Dark Horse: How Challenger Companies Rise to Prominence.” 

    The best leaders and companies bring more than unique products or services to the market -- they consistently tap into the 10 key growth enablers Mack outlines in his book.

  • Jelly Belly unveils beer-flavored bean

    Jelly Belly Candy Company is set to launch a new flavor to its collection: the Draft Beer Jelly Belly jelly bean. Jelly Belly will debut the new flavor at the Winter Fancy Food Show in San Francisco and ISM in Cologne, Germany.

    The beer flavor has been a popular request by consumers for decades, according to the company.

    "This took about three years to perfect," Ambrose Lee, research and development manager for Jelly Belly Candy Company, said. "The recipe includes top secret ingredients, but I can tell you it contains no alcohol."

  • Hhgregg offers online ordering for Apple products

    Hhgregg is offering online ordering with in-store pickup for Apple products, including iPhone, iPad and iPod models and Apple TV devices.

    The move comes just a couple of weeks following the retailer’s preliminary third-quarter results which revealed poor performance in the consumer electronics and wireless categories and were below the company’s expectations.

  • Tucson’s River Center trades for $24.8 million

    Tucson, Ariz. — Lee & Associates Arizona has negotiated the $24.8 million sale of the River Center, a 117,563-sq.-ft. shopping center anchored by Whole Foods and Petco. Located on East River Road in the Catalina Foothills of northeastern Tucson, the center posted a cap rate of 5.5%.

    Lee & Associates Arizona represented the buyer, Global Retail Investors LLC, a subsidiary of First Washington Realty of Bethesda, Md., and the seller, River Center Canada.

    River Center was constructed in 1986 and remodeled in 1997 and 2013.

  • Report: Postal unions threaten protests over Staples retail centers

    Framingham, Mass. – Unions representing employees of the U.S. Postal Service are reportedly threatening protests in response to the opening of new Postal Service retail centers in dozens of Staples stores. The unions say that the centers, which are staffed by Staples employees, unfairly replace unionized workers with lower-paid, non-union Staples workers and may lead to expansion of the centers to more Staples stores, affecting union jobs at nearby post offices.

  • Sheetz opens two new stores in North Carolina

    Altoona, Pa. — Sheetz Convenience Restaurants has opened two new locations in North Carolina. One is a 6,400-sq.-ft. store in Goldsboro, featuring a drive-through window, inside seating and a large shopping area. It will be the 59th Sheetz in the state.

    The second store will open in Elkin, bringing the total number of North Carolina stores to 60.

     

  • Report: Wal-Mart sets up new India company

    Bentonville, Ark. – Wal-Mart Stores has reportedly registered a new company called “Wal-Mart India Private Ltd.” in India, setting the stage for entering the Indian grocery market with a new local partner. According to the Free Press Journal, an Indian publication, Wal-Mart registered the company on Jan. 15, 2014 with the Indian Ministry of Corporate Affairs.

  • Former Ulta CEO to head Beauty Brands

    Former Ulta Beauty CEO Lyn Kirby is reportedly part of a group that acquired Beauty Brands, a cosmetics chain based in Kansas City, Mo.

    According to a Crain’s Chicago Business article, Kirby, along with a leveraged buyout firm in California, snapped up the majority stake from advertising executive and entrepreneur Robert Bernstein.

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