Corporate Governance

MINNEAPOLIS — Target has donated $15,000 in monetary support and product to assist with Duluth flood relief efforts. A $10,000 cash donation was given to the American Red Cross Northland Chapter to support their response efforts. An additional $5,000 in gift cards will be donated to local nonprofit organizations for essentials such as water and food.

PITTSBURGH — The Dick's Sporting Goods Foundation, quarterback Drew Brees and imPACT for PACE (Protecting Athletes through Concussion Education) have joined forces to help educate athletes at all levels of the dangers of concussions.

BELLEVUE, Wash. and GOODLETTSVILLE, Tenn. — Dollar General is offering customers a broader variety of prepaid mobile services through a new agreement with T-Mobile. Beginning in July, more than 6,400 Dollar General stores will offer numerous T-Mobile prepaid plan options and the Samsung t139 phone, which features messaging, web browsing, a camera and Bluetooth connectivity.

MOORESVILLE, N.C — Former Whirlpool executive, Kevin Summers, has been appointed chief information officer of Lowe's, effective July 9. Summers will report to chairman, president and CEO Robert Niblock. He replaces Michael Brown, who retired earlier this month.

SECAUCUS, N.J. — The Children's Place Retail Stores is expanding its presence in the Middle East with franchise agreements to open stores in the Arab Gulf States of United Arab Emirates, Kuwait, Qatar, Bahrain and Oman as well as Saudi Arabia. The first stores are scheduled to open in the UAE in September 2012 in Dubai and Sharjah. The first two stores in Saudi Arabia are scheduled to open during the second quarter of 2012.

Former Hewlett-Packard executive Shelley Perry was named SVP and chief technology officer at online electronics retailer Newegg, the company announced Monday. The company also name Merle McIntosh as SVP product management.

“Newegg is dedicated to attracting top industry talent as we prepare to propel the company through our next stage of growth,” said Bob Bellack, CEO of Newegg North America. “Both Shelley and Merle are tremendous additions to our leadership team and we’re all thrilled to have them on board.”

Seattle -- Nordstrom said it will open a Nordstrom Rack at The Fountains at Farah, a new power and lifestyle shopping center in El Paso, Texas. The store will be approximately 35,000-sq. ft. and is scheduled to open in the fall 2013.

The Fountains at Farah, with over 600,000 sq. ft. of retail and restaurant space, is being developed and managed by Centergy Retail LLC, Dallas.

Secaucus, N.J. -- The Children’s Place announced that it has signed a 10-year franchise agreement with Apparel Group to open stores in the Arab Gulf States of United Arab Emirates, Kuwait, Qatar, Bahrain and Oman. The first stores are scheduled to open in the UAE in September in Dubai and Sharjah.

New York -- PVH Corp. will open 600 Izod shops inside J.C. Penney department stores in September, Women’s Wear Daily reported.

The new in-store-shops will range from 600 sq. ft. to 1,000 sq. ft. in size.
 

Dallas -- 7-Eleven announced that it has completed a transaction to acquire 18 Open Pantry convenience store locations in Wisconsin, primarily in the greater Milwaukee and Madison markets. Terms of the deal were not disclosed.