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Corporate Governance

  • Class action suit filed against Tile Shop

    Plymouth, Minn. -- The Shareholders Foundation, Inc. has filed a lawsuit on behalf of certain purchasers of Tile Shop common stock over alleged violations of federal securities laws in connection with certain allegedly false and misleading statements made between August 22, 2012 and November 13, 2013. The plaintiff alleges that the defendants failed to disclose that one of its largest suppliers, Beijing Pingxiu, is an undisclosed related company secretly controlled by Fumitake Nishi, the brother-in-law of the company's CEO and a Tile Shop employee.

  • Former Sears exec cooking at Electrolux

    Electrolux has named former Sears executive Nolan Pike as SVP and GM of its North American cooking business.

    Pike most recently worked for Sears as their Kenmore brand VP and GM and as the top merchant for Sears Home Appliances, the nation’s largest appliance retailer. Additionally, Pike spent many years in manufacturing and led the development, launch and product management of several notable cooking lines.

  • CVS appoints new executive VP of health plans

    Woonsocket, R.I. -- CVS Caremark has appointed Tracy Bahl to the position of executive VP, health plans. In this role, Bahl will lead the teams responsible for supporting health plan clients while also offering health plans guidance.

  • Bon-Ton upgrades its collaborative supply chain solution

    Bon-Ton is looking to upgrade its supply chain solution and is turning to technology provider ecVision to help the company improve the existing platform it uses.

    Seven years ago, Bon-Ton implemented ecVision's solutions for vendor management, PO integration and production and shipment tracking for its international orders. The company is ready for an upgrade, however, so it can efficiently deal with the more than 100,000 SKUs which are sourced and delivered to stores around the country.

  • Gap launches omni-channel holiday marketing campaign

    San Francisco -- Gap's new global marketing campaign, "Make Love,” includes print, outdoor, direct mail, social and cinema, as well as new digital content daily.

  • Delhaize America signs long-term agreement with Nielsen

    New York — Nielsen, a provider of information and insights into what consumers watch and buy, has announced that Delhaize America has signed a long-term agreement selecting Nielsen as its primary information, insights and analytics partner.  

    Delhaize, the parent company of Food Lion, Hannaford, and Bottom Dollar Food, will use Nielsen tools, data and resources to help guide its strategic and tactical business needs. 

  • Kid Brands enhances supply chain

    Kid Brands has entered into an agreement with National Distribution Centers — a warehousing and distribution division of NFI, which is a fully integrated supply chain solutions provider — to address certain third-party logistics for the company's warehousing and distribution operations.

  • New thoughts on the Walmart/Amazon debate

    Walmart is stupid to take on Amazon.com head-to-head in too many areas, according to Wharton marketing professor Stephen Hoch who, along with other members of academia and one retail futurist, weigh in on the competitive situation that promises to impact the entire retail industry.

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