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Corporate Governance

  • Meijer is ready for back to school

    GRAND RAPIDS, Mich. — Meijer conducted a survey of its customers, which revealed that 90% of them plan to spend the same or more than they did last year and 40% will have completed their back-to-school shopping before the school year begins. 

    Median spend will range between $101-$150 per student and $201-$250 in total. In addition, 15% of parents expect students to help pay for a portion of school expenses and nearly 30% will get help from grandparents.

  • Big Lots’ chief merchant to retire

    Columbus, Ohio – John C. Martin, executive VP and chief merchandising officer of Big Lots Inc., intends to retire his position with the company. Martin will continue in his current capacity until his successor is appointed, and he has committed to provide guidance through May 2014.

    Big Lots has retained SpencerStuart to conduct a search of external candidates to succeed Martin.

  • Cold weather chills Coca-Cola’s Q2

    ATLANTA — Coca-Cola says slow economies in Europe, Asia and Latin America and cold weather conditions across multiple regions affected consumer spending as well as its overall nonalcoholic ready-to-drink beverage performance. 

  • WAG appoints former pharma exec corporate VP, market access

    DEERFIELD Ill. — Walgreens has appointed Mark Lelinski as the company’s corporate VP, market access.

    Lelinski will be responsible for contracting and pricing strategies; the integration efforts across Walgreens pharmacy, health and wellness division; overseeing sales and account management; and managing the continued evolution of the company’s managed market strategies.  

  • Kenneth Cole leverages Instagram for Kinky Boots promo

    New York -- Fashion designer and retailer Kenneth Cole is partnering with the Tony Award-winning musical Kinky Boots on the launch of a limited-edition capsule shoe collection arriving in stores for the holiday season.

    To promote the launch, a designated area in front of the Al Hirschfeld Theatre (302 West 45th Street in Manhattan) will encourage passersby to try and win a pair of Kinky Boots tickets by following @kennethcoleprd and @kinkybootsbway and Instagraming a photo of their "kinky" shoes using #KCKinkyboots.

  • Shelter Cove asks a crowd for ideas

    Hilton Head Island, S.C. -- Shelter Cove Towne Centre, an outdoor mall now under construction, has taken a bold step to engage the surrounding Hilton Head Island community — both residents and visitors. It has set up shop on a crowd-sourcing website called Popularise and asked Hilton Head residents to suggest tenants for the 290,000-sq.-ft. property.

  • Deaf customers sue Starbucks

    Seattle – Twelve deaf consumers are suing Starbucks over what they claim was harassment at the hands of employees of a lower Manhattan Starbucks store on March 7, 2013.

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