Corporate Governance

Roseville, Calif. -- Revionics, a provider of end-to-end merchandise optimization solutions, and GIIV, owner of the SkuLoop business, a provider of social commerce driven promotions for retailers and consumer brands, announced that Revionics has acquired the SkuLoop business and assets from GIIV.

New York -- Tiffany & Co. announced that it plans to open a flagship in Paris.

The approximately 10,000-sq.-ft. multi-level store will be located at 62 Avenue des Champs Elysées and is expected to open in 2014.

Deerfield, Ill. -- Walgreens on Monday reported October sales of $6 billion, down 2.1% compared with October 2011. The results include the brunt of the impact from Hurricane Sandy — at the peak of the storm, approximately 750 of 1,400 stores in the impacted area were closed, Walgreens said. Nearly all of those locations have since reopened.

Total same-store sales were down 5.9%.

New York -- The Jones Group Inc.  announced the promotion of Cynthia DiPietrantonio to COO, effective immediately.

In this expanded role, DiPietrantonio will oversee production in The Jones Group's overseas facilities, including its production offices in China and Hong Kong, in addition to her current responsibilities overseeing the day-to-day operations of the company. DiPietrantonio, the senior-most operations executive, has been with The Jones Group in several capacities over the past 30 years.

New York -- Office Depot has been recognized in Newsweek magazine’s annual Green Rankings as the number one greenest large retailer in the United States for the third consecutive year. Across all industry sectors, Office Depot was ranked as America’s ninth greenest large company.

Here is Newsweek’s ranking of the 15 greenest U.S. retailers:

Walmart’s decision to sell, and more importantly, actively promote, a $98 Internet-connected television device called Boxee TV could help shape the future of in-home content delivery.

WASHINGTON — The National Retail Federation is continuing its fight against credit card swipe fees by asking a judge to reject a proposed class-action settlement of a federal antitrust lawsuit, saying it would not bring the fees charged by Visa and MasterCard under control and does not give retailers who oppose it an adequate mechanism to opt out.

Former OfficeMax executive Ryan Vero has been named SVP and president of grocery, drug and pharmacy at Sears Holdings.

Vero spent 17 years with OfficeMax and last served as the company’s EVP and chief merchandising and marketing officer. In his new role with Sears Holdings, Vero will be responsible for the oversight, leadership and growth, both in-store and online, for the company’s grocery, drug and pharmacy businesses.

SAN FRANCISCO — Gap Inc.appears to be on the upswing, reporting positive same-store sales across all of its divisions for both the third quarter and October. 

Net sales for the third quarter increased 8% to $3.86 billion compared with $3.59 billion for the third quarter last year. The company’s third quarter comparable sales were up 65 compared with a 5% decrease in the third quarter last year.

LOS ANGELES — Guess? Inc. announced tht its COO, J. Michael Prince; and SVP and CFO, Dennis Secor.  Both are leaving to pursue other interests. Prince will remain with the company until Nov. 26 and Secor will remain with the company until Dec. 7.

Paul Marciano, CEO, stated, "We wish Michael and Dennis well in their future endeavors and thank them for their contributions to our company. Given the depth of our management team, we expect a very smooth and orderly transition."