Corporate Governance

New York— Robert Graham has announced a new lease agreement to open its first New York City store on Bleecker Street this fall. The West Village Bleecker Street fashion corridor houses Burberry, Brunello Cucinelli, Marc Jacobs, rag & bone, and Ralph Lauren.

Robert Graham currently operates six freestanding stores across the country. They are located in Los Angeles, Houston, Las Vegas, Boca Raton, Fla., Long Island, N.Y., and Short Hills, N.J.

The Pep Boys are remaining cautiously optimistic that there will be an increase in demand for tires this year, following a comparable store sales decrease of 1.3% for the second quarter ended Aug. 3. 

Sales for the quarter increased 0.4% to $527.6 million from $525.7 million for the prior-year quarter. The company’s operating profit for the quarter, adjusted to exclude merger-related costs, was $19.4 million as compared to $15.5 million for the second quarter of fiscal 2012. 

Washington, D.C. -- Walmart VP of global technology services and strategic partnerships Fumbi Chima has been elected to the World Affairs Council – Washington, D.C., board of directors.

Chima is responsible for Walmart’s vendor management office, project management office and its global technology services office in India, as well as the IT asset management team.

GREEN BAY, Wis. — Shopko has teamed up with the Breast Cancer Research Foundation and apparel company West Coast Novelty Group, one of the organization's corporate sponsors, to offer an expanded line of Support the Cure merchandise at all Shopko stores. 

Dallas – Neiman Marcus is reportedly closing in on a deal to be purchased by Ares Management and the Canada Pension Plan Investment Board for $6 billion.

SAN FRANCISCO — Shutl, a same-day and same-hour delivery platform, has appointed John Kelly as the company’s EVP of retail. In his role, Kelly will be responsible for recruiting leading multichannel retailers to Shutl's same-day and same-hour delivery platform on a global scale.

Greensboro, N.C. – The Fresh Market has named Randall A. Young as its senior VP real estate and development effective Sept. 30. Young, 56, will oversee the company's real estate and development functions including market strategy development, site selection, store design, construction, store relocations and renovations.

Young most recently served as VP, real estate at Advance Auto Parts. He has also held a variety of real estate and construction roles at McDonald's Corporation, among other companies.

CARLISLE, Pa. — Giant Food of Landover, Md., division president Anthony Hucker has resigned his position. His last day will be Sept. 13, according to parent company Ahold USA.

Ahold USA said Hucker was leaving to pursue another opportunity. Ahold USA EVP operations Bhavdeep Singh will oversee the Giant-Landover division on an interim basis until a permanent replacement is named.

Hucker was appointed president of Giant-Landover on Sept. 13, 2011, having previously worked at Walmart.