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Corporate Governance

  • Brita joins First Lady to encourage people to drink water

    Brita has become an official supporter of the collaboration launched by the Partnership for a Healthier America and its honorary chair, First Lady Michelle Obama, to encourage everyone to drink water more often.  

  • The Men’s Wearhouse Q2 down 28%; lowers full-year view

    Fremont, Calif. -- The Men's Wearhouse Inc.'s fiscal second-quarter earnings fell 28% amid several one-time charges and a shift in quarterly tuxedo rental revenues. Citing macroeconomic challenges, the company lowered its fiscal 2013 guidance.

  • AGCO appoints new general counsel

    DULUTH, Ga. — AGCO, a worldwide manufacturer and distributor of agricultural equipment and infrastructure, has appointed Roger Batkin as VP, general counsel. Batkin joined the company in 2000.

  • Staples to open e-commerce development center in Seattle

    Framingham, Mass. -- Staples plans to open a dedicated to e-commerce and engineering center in Seattle that will house teams responsible for driving major initiatives to enhance areas, including next generation digital platforms, personalization, and big-data. It will be the chain’s first office on the West Coast.

  • Retail industry and common sense score D.C. victory

    District of Columbia Mayor Vincent Gray this week vetoed one of the most wrong-headed regulations ever proposed and the nation’s two leading retail trade groups were quick to praise the action.

  • Bi-Lo to buy 22 Piggly Wiggly stores; Harris Teeter to buy six

    New York -- In separate announcements on Thursday, Bi-Lo Holdings and Harris Teeter on Thursday announced plans to acquire select Piggly Wiggly-branded stores.

    Bi-Lo said it has entered into a definitive agreement with Piggly Wiggly Carolina Company to acquire 22 Piggly Wiggly stores in South Carolina and coastal Georgia.  

    Financial terms of the transaction were not disclosed.

  • Lululemon moves on from sheer yoga pants setback

    Lululemon Athletica seems to be putting the recall of its see-through yoga pants earlier this year behind it. The company reported net revenue of $344.5 million for the second quarter ended Aug. 4, a 22% increase from $282.6 million in the prior-year quarter. Comparable stores sales for the quarter increased by 8%.

  • Pearle Vision to unveil new store design

    Mason, Ohio -- Pearle Vision will unveil its new store design on Sept. 17 in Legacy Village, Lyndhurst, Ohio. The new Cleveland-area location features a completely remodeled design, which includes everything from a new brand logo and signage to modernized displays and a completely transformed floor plan. The store design is by WD Partners, Columbus, Ohio.

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