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Corporate Governance

  • School supply company sees a ghost

    School supplies manufacturer It’s Academic announced a new partnership the manufacturer of a vanishing grid line technology.

  • Banana Republic brings new style to Virgin America

    SAN FRANCISCO and NEW YORK — Virgin America's flight crew is getting a little more stylish, thanks to a new partnership with Banana Republic. The retailer has designed the uniforms for the airline's 2,000 in-flight and airport teammates, and pilots.

  • Barnes & Noble bolsters finance department

    NEW YORK — Barnes & Noble has announced the appointment of Thomas Donohue as VP treasurer; Kanuj Malhotra as VP corporate development; and the promotion of Andy Milevoj to VP investor relations, all reporting directly to Mike Huseby, CFO.

  • RadioShack names head of human resources

    FORT WORTH, Texas — RadioShack has named Telvin Jeffries as EVP and chief human resources officer and general manager of retail services, effective Aug. 1. Jeffries will report to Jim Gooch, president and CEO of RadioShack Corp.

  • Electrolux to base canister vacuum team in Canada

    MISSISSAUGA, Ontario — Electrolux has assigned Scott Bolbock to its Canadian headquarters to lead the development of canister vacuums for Electrolux Home Care Products across North America.

  • Wounded Warriors are winners with Acosta initiative

    The nation’s leading retailers and consumer brands have joined forces to benefit America’s veterans thanks to an innovative program developed by Acosta Sales and Marketing.

  • Discretionary spending down in June

    WASHINGTON — U.S. retail sales declined during the month of June, the Census Bureau reported Tuesday.

    U.S. retail and food services sales for the month, adjusted for seasonal variation and holiday and trading-day differences, but not for price changes, were $401.5 billion, an decrease of 0.5% from the previous month but 3.8% above the year-ago period. Retail trade sales were down 0.5% from last month but 3.5% above last year.

  • Talbots buyot extended

    NEW YORK — TLB Merger Sun, an affiliate of Sycamore Partners, has extended the expiration of its tender offer to acquire all of the outstanding shares of common stock, and the associated stock purchase rights, of The Talbots Inc. for $2.75 per share, net to the seller in cash, without interest, and less any applicable withholding taxes, to 5 p.m., New York City time, on Friday, July 27, unless further extended.

  • Mobile shopping grows in popularity as social media sales lag

    ARMONK, N.Y. — Retailers that want to grow sales and improve customer loyalty would be wise to invest in mobile shopping. According to a new report from IBM, retailers experienced 15% growth in sales from mobile devices. Conversely, sales traced to social media were down 20%.

  • New marketer joins Walmart’s tax service provider

    Michael Williams has joined Jackson Hewitt, the nation’s second largest tax preparation firm, as SVP and chief marketing officer.

    Williams joins the tax service provider following a tax season in which the firm saw its relationship with Walmart expand to 2,800 in-store locations from 2,000 locations the prior year.

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