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Corporate Governance

  • CBL appoints new board of directors member

    New York -- CBL & Associates Properties has announced the appointment of A. Larry Chapman to its board of directors.

    Chapman is a retired 37-year veteran of Wells Fargo. He most recently served as group head of the bank’s commercial real estate lending business, responsible for the group’s 75 nationally located real estate loan production offices and 1,500 full time employees.

  • Guess? dons new chief of operations

    LOS ANGELES — Global lifestyle brand Guess? has appointed Michael Relich as the company’s chief operating officer. As part of the brand’s executive leadership team, Relich will report to co-founder and CEO Paul Marciano.

    Relich spent nine years as the brand’s chief information officer. Relich has had increasing global responsibilities, leading a number of areas, including IT, distribution/logistics, e-commerce and strategic planning.  

  • Deloitte Consumer Spending Index flat in July

    New York -- The Deloitte Consumer Spending Index remained flat in July as improvements in real housing prices and labor markets offset weakness in other areas. The Index, which tracks consumer cash flow as an indicator of future consumer spending, remained at 4.4 this month.  

  • Red Robin swoops into Peoria, Ill.

    Greenwood Village, Colo. — Red Robin Gourmet Burgers will open its first location in Peoria, Ill., on Sept. 2. To help celebrate the grand opening, Red Robin will donate the new restaurant’s sales of Freckled Lemonade for the first week of operations to Alex’s Lemonade Stand Foundation, a non-profit organization dedicated to finding cures for all kids with cancer.

  • JustFab and ShoeDazzle join forces

    LOS ANGELES — JustFab and ShoeDazzle have entered into a definitive agreement to merge and form one fashion subscription e-commerce business.

    With the merger, the two brands will be able to expand their customer base in the United States and further accelerate international and category expansion plans. The combined company is expected to be profitable in 2014.

  • Barnes & Noble loss widens; Riggio pulls offer to buy retail business

    NEW YORK — Barnes & Noble reported a worse-than-expected net loss of $87 million for the first quarter, compared to a loss of $39.8 million in the year-ago period. The bookseller’s troubles mounted with the news that its founder, chairman and largest shareholder, Leonard Riggio, was calling off his offer to buy the company’s retail business.

  • Tuesday Morning taps interim CEO as permanent chief

    DALLAS — Closeout retailer Tuesday Morning announced the appointment of Michael Rouleau to CEO, effective immediately. Rouleau, who was appointed interim chief executive in March 2013, will also continue to serve on the company's board of directors, which he joined in November 2012.

  • Penney teams up with Motorola to take a bite out of retail crime

    In the 1980s, animated public service commercials featuring McGruff the Crime Dog exhorted viewers that: “Together, we can take a bite out of crime.” Two decades later, department store retailer J.C. Penney is taking that spirit of teamwork to cooperatively use technology to combat retail crime in the greater Chicago area.

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