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Corporate Governance

  • Sergeant’s Pet Care gets Perrigo’s attention

    An expanded offering of private label pet care products will be coming soon to retailers shelves following the acquisition of Sergeants Pet Care Products by Perrigo, the leading global provider of store brand health and personal care items.

    Perrigo said it signed a definitive agreement to acquire substantially all of the assets of Sergeant’s, a privately held Omaha-based company, for $285 million in an all cash deal that enables Perrigo to enter the $8 billion pet care market.

  • Pier 1 continues on comps upswing

    FORT WORTH, Texas — Pier 1 Imports continues on a positive trajectory, reporting its 12th consecutive quarter of earnings and same-store sales growth.

    For the second quarter, the company reported net income of $26.2 million, or 24 cents per share, compared with net income of $16.6 million, or 14 cents per share, for the same period last year.

  • Target extends loyalty program to Canada

    TORONTO — Target is bringing its REDcard Rewards program to Canada. The company announced that its Canadian customers will receive an additional 5% off every day when shopping at Target with its REDcard products, which include the Target Debit Card and Target RBC MasterCard. Similar to the REDcard Rewards loyalty program in the U.S., the additional savings - which apply to almost everything at Target - will be applied instantly at time of purchase.

  • Kohl's walks the walk for juvenile diabetes cure

    MENOMONEE FALLS, Wis. — Kohl’s Department Stores announced that in support of curing type one diabetes and improving the lives of local children, more than 1,300 Kohl’s associates, friends and family will take part in the JDRF Kohl’s Walk to Cure Diabetes on Sept. 15 at the Milwaukee County Zoo.

  • Here comes the sun to Ariz. Walmart DC

    BUCKEYE, Ariz. — Walmart boosted its sustainable reputation Thursday with the announcement of a new solar initiative at its distribution center near Phoenix.

    The retailer will outfit the DC with more than 14,000 solar panels -- making it Walmart's largest solar installation to date. The panels will cover the 1,000 sq. ft. building and parking canopies. The panels will produce up to 30% of the center's energy needs and generate up to 5.3 million kilowatt hours of renewable energy per year, according to Walmart.

  • GameStop offers a Wii bit of excitement

    GRAPEVINE, Texas — The struggling video game category should see a much-needed boost with the arrival of Nintendo's Wii U.

    GameStop is wasting no time getting in on the buzz by announcing that it has begun taking pre-orders for the platform along with many popular Wii U games, including "Call of Duty: Black Ops II," "ZombiU," "New Super Mario Bros. U" and "Batman: Arkham City: Armored Edition."

  • ConAgra earns sustainable accolades

    OMAHA, Neb. — ConAgra Foods has been named to two leading sustainability indices. For the second straight year the company has earned a spot on the Dow Jones Sustainability Index, and for the first time, the company has been added to the Carbon Disclosure Project’s (CDP’s) 2012 Carbon Disclosure Leadership Index.

  • Walton College builds its business credentials

    The Sam M. Walton College of Business at the University of Arkansas was ranked among the top 30 public undergraduate business schools in the most recent edition of U.S. News & World Report's "Best Colleges 2013."

  • Nordstrom ventures into Canada

    TORONTO — Nordstrom is partnering with Cadillac Fairview to open its first full-line stores in Canada beginning fall of 2014. The company will lease four stores at premier shopping centres located in Calgary, Ottawa, Toronto and Vancouver.

    Nordstrom will be moving into space that will be vacated by Sears and then renovated at Pacific Centre in Vancouver, Calgary's Chinook Centre, Rideau Centre in Ottawa, with a new-construction store opening in Toronto's Sherway Gardens.

  • Corner Bakery to open 18 Seattle-area units starting next year

    Dallas -- Fast-casual bakery concept Corner Bakery Café said Thursday it has executed a deal with a franchise group to open the chain’s first restaurants in the Pacific Northwest beginning in 2013.

    Northwest Bakery Cafe, a group of restaurant operators that owns 95 Jack in the Box locations, is slated to open 18 Corner Bakery franchised restaurants in and around Seattle over the next seven years.

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