Corporate Governance

Mom Brands will be making a donation to the Breakfast Club of Canada. For every bag of Sally’s ready-to-eat cereals purchased at Canadian Walmart stores from now until Dec. 31, Mom Brands will donate 5 cents to the Breakfast Club of Canada, up to $75,000.

WASHINGTON — The National Retail Federation confirmed that the retail industry added 43,600 jobs last month, particularly in general merchandise, electronics and clothing.

The numbers were based on calculations from the NRF, out of a total 169,000 jobs that the Bureau of Labor Statistics said the economy added in August, bringing the country's unemployment rate down to 7.3%.

Philadelphia -- Five Below will expand its presence in Texas by opening 11 stores in the Dallas-Fort Worth area on Sept. 12, 2013. The teen retailer’s entry into Dallas follows four successful store openings in Austin, completed in August of this year.

Seattle -- Nordstrom plans to Nordstrom Rack at Riverside Plaza in Riverside, Calif. The approximately 45,000-sq.-ft. store will be the Rack's first location in Riverside County when it opens in spring 2014.

Riverside Plaza is owned and managed by Vestar.

"We are excited to have Nordstrom Rack as a tenant at Riverside Plaza," said Jeff Axtell, Vestar VP of acquisitions and development. "Nordstrom Rack is a premier retailer who will be a great complement to our existing tenants."

San Francisco -- Brooks Brothers has opened its second largest store in North America, a 26,000-sq.-ft. flagship in San Francisco’s Union Square. 

The interior takes inspiration from Brooks Brothers’ nearly 100-year-old flagship at 346 Madison Avenue in New York City. In keeping with the atmosphere of the New York space, the first floor of the new store is covered in pale cherry wood. The women’s floor is accented with clean white paneling and marble floors. The mezzanine holds the Red Fleece label for men and women.

Lynnwood, Wash. -- Action sports retailer Zumiez reported net income of $4.7 million for the quarter ended Aug. 3, compared with $2.1 million a year earlier. Sales surged 16.9% to $157.9 million, and same-store sales edged up 0.9%.

Walmart and Sam’s Club executives are scheduled to participate at several events in Northwest Arkansas in the coming weeks designed to educate the company’s suppliers on digital strategies.

Mississauga, Ontario – Canadian interactive retailer The Shopping Channel is relaunching as TSC. The relaunch includes an upgraded and redesigned website, as well as a new "ShopTSC" app for iPhone, iPad and mobile website.