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Corporate Governance

  • Law firm launches ADA Title III blog

    Washington, D.C. – Law firm Seyfarth Shaw LLP has launched a blog about the Americans With Disabilities Act. The blog, called the ADA Title III News & Insights Blog (Adatitleiii.com), is designed as an accessibility law resource for any business that opens its doors to the public.

  • Kenneth Cole will take his namesake company private in $245 million deal

    New York -- Kenneth Cole Productions said its board has approved founder Kenneth Cole's offer to buy up the remaining part of the company that he doesn't already own in a deal worth $245 million.

    Cole, currently the chairman and CEO of Kenneth Cole, holds about 46% of its outstanding common stock and controls 89% of its voting power. He will pay $15.25 for each share of the company that he doesn't already own.

  • Price Chopper received LEED Gold

    New York -- Price Chopper’s store in Warwick, N.Y., has received LEED gold certification for its environmental efficiency.

    Almost 25% of the building materials used on the supermarket were made from recycled materials.

    The store also has a 32% energy cost savings because of better hot water efficiency and reduced exterior lighting, according to the company.

  • Claire’s Stores names former Disney Store executive as CEO

    New York -- Claire’s Stores Inc. has named James D. Fielding, former president of Disney Stores Worldwide, as CEO, effective June 18, 2012. Fielding, who resigned from Disney on Monday, will also join Claire’s board of directors.

    “I look forward to capitalizing on the many growth initiatives available to the company, including new stores, development of the Icing concept, continued international expansion in markets such as Mexico, India and China, and optimization of e-commerce,” Fielding said in a statement.

  • J.C. Penney Father's Day ad featuring gay couple creates buzz

    New York -- J.C. Penney has angered a conservative group with a Father's Day ad that features a gay couple and their two young children. The print ad shows the two men playing with their 3-year-olds and reads, "First Pals - What makes Dad so cool? He's the swim coach, tent maker, best friend, bike fixer and hug giver - all rolled into one. Or two.” It is part of a spread in Penney’s June catalog, mailed out this week.

  • Ann Taylor's Loft sets Canadian debut

    Toronto -- Loft, a division of Ann Inc. — formerly known as Ann Taylor — will open its first Canadian location at Yorkdale Shopping Centre in Toronto, Ontario, in late 2012.

    "Canada represents a natural step as we move to expand internationally, and we are excited to open our first store outside the U.S. in such a vibrant city like Toronto," said Gary Muto, brand president.

  • Home Depot increases share buyback plan and reaffirms outlook

    Atlanta -- The Home Depot on Wednesday expanded its share buyback plan for the year by $500 million and reaffirmed its full-year outlook.

    The retailer said it now expects to buy back $4 billion of its shares and that the increase in its share repurchase plan would not have a material impact to earnings per share for 2012.

  • Coinstar and Seattle’s Best Coffee to roll out coffee kiosks in supermarkets, drug stores and mass merchants nationwide

    Bellevue, Wash. -- Coinstar, best known for its Redbox movie rental and its namesake coin-counting kiosks, and Seattle’s Best Coffee, part of Starbucks Coffee Co., have entered into an agreement to roll out Coinstar's new Rubi coffee kiosk in groceries, drug stores and mass merchants. The kiosks will feature a variety of Seattle's Best Coffee beverages.

    The rollout will begin this summer, with approximately 500 kiosks expected by the end of the year and thousands of machines in place during the next several years.

  • Cub Foods, BrightFarms to provide year-round local produce to Twin Cities

    ST. PAUL, Minn. — Supervalu banner Cub Foods has partnered with a local produce grower to provide year-round local produce to locations throughout the Twin Cities.

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