Corporate Governance

New York – The long-running legal dispute over whether J.C. Penney has the right to sell Martha Stewart Living products appears to be nearing a conclusion. The Wall Street Journal reports that lawyers for Macy’s, which is suing Martha Stewart Living Omnimedia alleging a breach of contract giving Macy’s exclusive rights to sell Martha Stewart Living, Martha Stewart Living Omnimedia, and Penney, which may face fines and/or a ban on selling Martha Stewart Living products, all gave closing arguments in New York State Supreme Court yesterday.

LOS ANGELES, Calif. — Guitar Center is trying out a new communications strategy and media policy and has appointed Christopher Ian Bennett as the company's first-ever VP of communications and corporate affairs.

In his previous role, Bennett led Best Buy Canada's corporate communications department under Mike Pratt, who is Guitar Center's new CEO.

Warrendale, Pa. -- Teen apparel retailer rue21 has unveiled a new retail concept, rueGuy, with stores in Shore, N.Y., Harlingen, Texas, and New Boston, Ohio. The company plans to open an additional four locations by the end of August, and is on target to open approximately 20 rueGuy stores by yearend.

MARYSVILLE, Ohio — The Scotts Miracle-Gro Company, a leading global marketer of branded consumer lawn and garden products, has appointed Lieutenant General (retired) John Randolph Vines to its board of directors.

"We are pleased to have John as an addition to our board," said Jim Hagedorn, chairman and CEO. "His wide-ranging leadership, strategy and team-building experience will be an exceptional benefit to us."

Halton Hills, Ontario — Simon Property Group has announced the opening of Toronto Premium Outlets™, the first Premium Outlet Centre in Canada. The development is a 50/50 joint venture with Calloway Real Estate Investment Trust.

WARRENDALE, Pa. — Rue21, a leading specialty apparel retailer for young women and men, is trying out a new store format on for size, and about to give guys something to smile about in the process.

The retailer has opened its first RueGuy stores in Bay Shore, N.Y., Harlingen, Texas, and New Boston, Ohio. The approximately 6,000-sq.-ft. stores are the first of seven RueGuy stores slated to open across the U.S. during August. The company is on target to open approximately 20 RueGuy stores by the end of the year.

Chesterfield, Mo. -- Taubman Centers announced the opening of Taubman Prestige Oulets, a new fashion outlet center, located in the western-St. Louis suburb of Chesterfield. The opening coincides with Missouri’s Tax-Free Weekend.

Left-leaning individuals in large urban areas find lots of reasons to dislike Walmart, so it is noteworthy when someone in a liberal stronghold forcefully sides with Walmart and personal freedom.
 
That was the case in Boston this week when the Boston Globe ran an article by Shirley Leung with the headline, “It’s time to say yes to Walmart.”

She acknowledged the familiar narrative put forth by those who seek to block Walmart’s expansion.