Corporate Governance

Meijer wraps up its 2013 growth strategy with the opening of a huge supercenter in Danville, Ill., this week. The 190, 000-sq.-ft. store is the last of six new stores the retailer has opened this year in the Midwest, which represents its most aggressive expansion in recent history.

St. Petersburg, Fla. – HSN, Inc. (HSNi) reported impressive financial results for the third quarter of fiscal 2013. Net income soared about 137% to $42.05 million, compared to $17.69 million in the same quarter a year prior.

Greenwood Village, Colo. — Red Robin Gourmet Burgers has announced that it will open two new restaurants, one in Secaucus, N.J., and another in the Cincinnati metro area. To help celebrate the grand opening of the new restaurants, the company will donate the proceeds of all sales of its signature Freckled Lemonade during the two restaurants’ first week of operation to Alex’s Lemonade Stand Foundation, a non-profit organization dedicated to finding cures for kids with cancer.

Lover.ly, a wedding inspiration and shopping site, has appointed founder of Nordstrom.com Bob Schwartz as the company’s first chairman.

As chairman, Schwartz will work closely with founder and CEO Kellee Khalil and the Lover.ly executive team to help shape the company’s long-term strategic growth, business and partnership development, capital strategy and build out Lover.ly’s brand and product pipelines.

Burlington, Mass. – Demandware has released the Demandware Large Enterprise solution, which combines services, technology and benefits optimized to meet the needs of large-scale, omni-channel retailers. The solution is powered by Demandware Commerce, a cloud platform that provides brand control, business agility and operational flexibility.

BJ's Wholesale Club is spreading its Black Friday deals across an entire week (Sunday, Nov. 24 through Sunday, Dec. 1), excluding Thanksgiving on Thursday, Nov. 28. The retailer says it is offering more than twice as many Black Friday deals this year as it did last year.

Hoffman Estates, Ill. -- Kmart will offer lease-to-own financing at stores nationwide this holiday season. The latest addition to Kmart's portfolio of financial services, the lease-to-own program began to rollout at Kmart stores in test markets as of Oct. 15 and will be available in all stores by Nov. 22. Giving customers a no credit-required way to take home the items they need right away, lease-to-own financing will be available year-round for merchandise priced at $150 and over.