Corporate Governance

Evansville, Ind. -- Shoe Carnival announced that Mark L. Lemond is retiring for health reasons from his positions as president, CEO and director effective Oct. 27.

Minneapolis -- Supervalu Inc. on Thursday reported a loss of $111 for its second quarter, compared with net income of $60 million in the year-earlier quarter.

Revenue fell 4.6% to $8.04 billion in the quarter ended Sept. 8, from $8.43 billion in the year-earlier quarter. The decrease in net sales was blamed on both a decline in identical store sales and the sale of a majority of the company’s gas stations, which had contributed $158 million in revenue in the second quarter last year.

NEW YORK — Tiffany & Co. is shifting and expanding responsibilities for two executive vice presidents, Beth Canavan and Frederic Cumenal.

Cumenal joined Tiffany in March 2011 from the LVMH Group. He has been responsible for Tiffany’s businesses in Asia, Japan, Europe and Emerging Markets. Effective immediately, Cumenal will expand his role to assume responsibility for all of Tiffany’s worldwide sales activities.

NEW YORK — Target and Neiman Marcus have revealed their holiday collection, which features 24 of America's top designers. The collection will be available Dec. 1 at all Target and Neiman Marcus stores, as well as online at Target.com and NeimanMarcus.com.

LOS ANGELES — Ironclad Performance Wear has introduced a new work glove that enables users to wear them while using touch-screen devices.

HERZOGENAURACH, GERMANY — Adidas has named Justin Bieber as the face of its Neo label.

As part of his two-year agreement with Adidas, Bieber will make appearances for the label in its major markets throughout 2013 and share its latest news and collections through his vast social media reach. He will front Neo's seasonal campaigns under its "Live Your Style" positioning, with spring/summer 2013 to debut in February.

DALLAS — PeopleAnswers has extended its software licensing agreement for Foot Locker, Inc. to use the PeopleAnswers HR solution in its 2,500 stores across the United States representing Foot Locker, Lady Foot Locker, Kids Foot Locker, Champs Sports and Footaction.

MINNEAPOLIS — Target Corp. and The Neiman Marcus Group will promote their upcoming joint holiday collection by serving as the sole sponsors of the mid-season finale of the hit ABC television show “Revenge.”

In place of standard broadcast commercials, the retailers are working directly with the creative team of “Revenge” to create original content incorporating the Target and Neiman Marcus holiday collection. The show will air on Nov. 11.

HOFFMAN ESTATES, Ill. — Kmart is looking for five interns for a new program designed to provide opportunities to Hispanic women.

Plainview, N.Y. -- Out-of-stocks are the most important overall element that impact satisfaction with the grocery trip experience, according to a study by The Retail Feedback Group. Satisfaction among shoppers unable to find all items they had planned to buy on their shopping trip averaged 3.97 on a five-point scale (with 5 as the highest), compared with 4.54 among shoppers who did find all items.