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Corporate Governance

  • Sustainability Index reshaping the future at Walmart

    Walmart held another one of its Global Sustainability Milestone Meetings on Thursday and shed new light on priorities and initiatives that promise to have far-reaching implications on suppliers as well as competitors.

    The highlight of the meeting was an update on the company’s Sustainability Index which has been rolled out to 200 product categories and 1,000 suppliers with a total of 300 categories and 5,000 suppliers expected by year end, according to the company.

  • Von Maur to enter Northeast with store in upstate New York

    Davenport, Iowa -- Von Maur Department Stores will open its first location in the Northeast, at Eastview Mall in Victor, N.Y., which is located just outside of Rochester. The two-level, 140,000-sq.-ft. store is scheduled to open on Oct. 26.

    Located at the mall's former Bon Ton location, the store underwent a complete reconstruction by local contractor LaChase Construction to achieve Von Maur's signature exterior brick façade with arching entryways accented by a copper roof and cupolas.

  • Miller Lite and Marlon Wayans pick winner of national comedy competition

    Special guest judge, Marlon Wayans, was on hand to help Miller Lite select the winner of the brand's national comedy competition "Stand Up. It's Miller Time."

  • Dunkin’ Donuts to enter United Kingdom with 50 locations in five years

    Canton, Mass. -- Dunkin’ Donuts announced that it has signed agreements with two franchise groups to begin developing Dunkin' Donuts restaurants in the United Kingdom. The two agreements call for the development of 50 Dunkin' Donuts restaurants in Greater London over the next five years, with an initial focus on North London and East London.

  • Kroger's streak continues

    CINCINNATI — Kroger achieved its 39th consecutive quarter of positive identical supermarket sales, and is raising its guidance as a result.

    The company's total sales for the second quarter ended Aug. 17 increased 4.6% to $22.7 billion in the second quarter compared with $21.7 billion for the same period last year. Total sales, excluding fuel, increased 3.9% in the second quarter over the same period last year. 

  • RSR Research: Marketers take interest in customer data

    Walnut Creek, Calif. – The percentage of retailers who consider their marketing department to be an owner of customer data has more than doubled in the past year. According to a new RSR Research survey, “Retail Marketing 2013: Organizational Drift,” 61% of 122 retail respondents surveyed online between May and July of this year listed marketing as a customer data owner, compared to 33% in 2012.

  • Hudson’s Bay e-commerce efforts pay off in second quarter

    TORONTO — Hudson's Bay Company's second quarter was characterized by strong same store sales growth at Hudson’s Bay and rising e-commerce sales, which were partially offset by a decline in same store sales at Lord & Taylor.

  • Destination Maternity relocating headquarters from Philly to Jersey

    Philadelphia -- Destination Maternity Corp. plans to relocate its corporate headquarters and distribution center from Philadelphia, to southern New Jersey.

    The company's corporate office operations (which are currently split between its headquarters at North 5th Street in Philadelphia and its offices in the Philadelphia Navy Yard) will move twelve miles from the current 5th Street headquarters facility to a completely renovated 74,000-sq. ft. building in Moorestown, New Jersey. The chain expects the move to occur in fall 2014.

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