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Corporate Governance

  • Williams-Sonoma makes Quebec debut

    SAN FRANCISCO — Williams-Sonoma will open its first store in Quebec, Canada, on Nov. 3. Located at Carrefour Laval in Laval, Quebec, the new store marks Williams-Sonoma’s eighth location in Canada, and will be the first to showcase a brand new store design.

  • Hasbro donates cash, games to help with Sandy relief

    PAWTUCKET, R.I. — Hasbro has provided $100,000 in combined grant support through the Hasbro Children’s Fund to the American Red Cross, World Vision and Feeding America to support their relief efforts following Hurricane Sandy. Additionally, over 10,000 games have been donated to shelters along the east coast.

  • OfficeMax has new name for U.S. contract business

    NAPERVILLE, Ill — OfficeMax's business-to-business division is getting a new name to go along with its new strategy of serving a wide range of customers with tailored solutions.

  • Leading C-store chain changes Sheetz

    The 430 unit Sheetz convenience store chain will have a new president and CEO with a familiar name in 2013.

    The $6.3 billion company announced that Joe Sheetz, currently EVP of finance and store development, would become president and CEO and current president and CEO Stan Sheetz would assume the title of chairman. Current chairman Steve Sheetz fills a newly create position as the company's family council chairman. The changes take effect October 2013.

  • HH Gregg undeterred by near 9% comp decline

    Appliance and consumer electronics retailer HH Gregg, reported second quarter result on Friday that weren't as bad as expected.

  • Kroger's cross country relief effort

    Ralphs and Food 4 Less don't have stores anywhere near the Northeastern U.S., but that didn't stop the Kroger divisions from joining with other retailers providing an outpouring of support to those coping with the aftermath of Hurricane Sandy.

  • The case for unconventional collaboration

    This holiday season promises to be the most digital of all time with forecasts calling for e-commerce growth to handily outpace overall industry sales. At UPS, the multi-channel movement is a trend we have watched intensify and helped facilitate during the past decade. Chances are good one of our delivery vehicles will visit your home or that of a family member this Christmas.

  • Starbucks raises forecast on strong sales; opening 1,300 stores in 2013

    Seattle -- Starbucks Coffee Co. reported a higher-than expected net income of $359 million for its fourth quarter, compared with $358.5 million in the year-ago period. The company also raised its earnings estimate for the next fiscal year.

    Revenue rose 11% in the fourth quarter, to $3.36 billion. Same-store sales rose 6%, fueled by higher customer traffic.

  • 7-Eleven closes deal to purchase 163 Tetco stores

    Dallas -- 7-Eleven announced that it has acquired the retail and wholesale dealer assets of San Antonio-based Tetco, closing a deal that was announced Aug. 14.

    The assets include 163 company-operated convenience stores in Utah and the Dallas-Fort Worth, Austin and San Antonio areas of Texas.

    Terms of the deal were not disclosed.

    The acquisition signals a return to San Antonio for 7-Eleven, where the company had operated stores until 1989.

  • Supervalu cutting 700 positions at New England subsidiaries

    New York -- Supervalu Inc. is cutting 700 positions at its Shaw’s and Star Market divisions in New England.

    The company said Friday that the job cuts will take place in 169 Shaw's and Star Market stores.

     

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