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Corporate Governance

  • Foot Locker acquires Runners Point Group in Germany

    New York -- Foot Locker has completed the acquisition of Runners Point Group, a specialty athletic store and online retailer based in Recklinghausen, Germany.

    With 200 stores located principally in Germany under the Runners Point and Sidestep banners and online business, Runners Point Group will boost Foot Locker’s European store count to 800 and add $254 million to the company’s European revenues of more than $1 billion.

     

  • U.S. Census shows retail trade sales up 0.6% in June

    The U.S. Census Bureau released a report showing an increase of 0.6% in retail trade sales for June when compared to May. Sales were up 6% when compared to June 2012.

    The figures are adjusted for seasonal variation and holiday and trading-day differences, but not for price changes, and exclude automobiles, gas stations and restaurants.

  • Retail sales up 6% from last year

    Washington, D.C. – U.S. retail and food services sales totaled $422.8 billion last month, according to new advance estimates from the U.S. Census Bureau. This represents a 0.4% increase from $421.2 billion in the prior month, and a more substantial 5.7% increase from $399.9 billion in the same month last year.

  • Newell Rubbermaid completes sale of Teach platform

    ATLANTA — Newell Rubbermaid has announced the sale of its Teach platform, including the Mimio and Headsprout interactive teaching technology brands, to Skyview Capital, LLC, a Beverly Hills, Calif., private equity firm.

    Terms were not disclosed. The transaction has closed with the signing of the agreement.

  • Office Depot offers online teacher checklist

    Boca Raton, Fla. – Office Depot is launching a new online school supplies checklist that allows teachers to build, store and share checklists of required school supplies through an online platform. Teachers can use a starter list with recommended supplies by grade level or customize their own checklist to share with parents, allowing them to make purchases directly from the website or print the list for in-store shopping.

  • Office Depot BTS campaign appeals to tech-savvy teachers

    BOCA RATON, Fla. — Office Depot is directing its back-to-school marketing efforts at teachers by offering them an online tool to help them plan and prepare for the academic year.

  • AutoZone deploys solution to improve customer loyalty

    CINCINNATI, Ohio — AutoZone, a leading retailer and distributor of automotive parts and accessories, is expanding its partnership with KSS Retail, a Dunnhumby company, so the company can improve its price and promotion strategies.

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