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Corporate Governance

  • Smoothie King plans 1,000 new stores by 2018

    New Orleans -- Smoothie King Franchises is targeting the Jacksonville, Fla., metro area to kick off a major expansion calling for 1,000 new franchised and corporate locations over the next five years.

    With seven stores in Jacksonville, the company plans to add 10 new locations there over the next three years.

    To fuel the national expansion drive, Smoothie King is offering candidates 40% off of its initial franchise fee for the first 40 agreements of 2013 — a savings of $10,000.

  • Geeknet gets new financial brain to fill CFO spot

    FAIRFAX, Va. — Geeknet, the parent company of online retailer ThinkGeek.com, has appointed Julie Pangelinan as the company’s CFO, effective Aug. 12.

    Pangelinan has more than 25 years of operations and financial experience, most recently as CFO of Interstate Hotels and Resorts and Sunrise Senior Living.

  • CVS and Boston Red Sox honor disabled military vets

    WOONSOCKET, R.I. — CVS and the Boston Red Sox teamed up at Fenway Park to hold a special batting camp for veterans from across New England. The event celebrated the Fourth of July and honored disabled military veterans.

  • Dick’s Sporting Goods opens Chico mall store

    Pittsburgh -- Dick’s Sporting Goods is opening a new store at the Chico Mall in Chico, Calif. on July 12. The Chico location will be the retailer's 29th store in the state of California and its 525th nationwide. The new store will feature more than 40 in-store services performed by expert associates.

    "We look forward to becoming part of the Chico community and serving all athletes by providing the equipment they need to help them excel," said Lauren Hobart, Dick’s Sporting Goods chief marketing officer.

     

  • Kohl’s to keep Milwaukee zoo patrons wild for theater

    MENOMONEE FALLS, Wis. — Kohl’s wants to keep its Wild Theater program at the Milwaukee County Zoo alive and well, so it plans continued support through a $1.5 million donation throughout a three-year period to the Zoological Society of Milwaukee County.

  • Windows© of Opportunity?

    While Best Buy is still the world’s largest consumer electronics chain, it’s no secret that the brand faces big questions about store size, format, and long-term viability in an evolving brick-and-mortar retail landscape. I found the recent announcement that Microsoft and Best Buy had reached an agreement to roll out dedicated Windows “stores” in 600 Best Buy locations across North America this summer to be somewhat surprising, but certainly in line with the needs of both companies.

  • Grupo Cortefiel supports growth with PLM technology

    Madrid, Spain – Spanish apparel retailer Grupo Cortefiel is supporting growth across multiple fast-moving product categories and Springfield, Cortefiel, women’secret and Pedro el Hierro retail brands using product lifecycle management (PLM) technology from Centric Software Inc. Grupo Cortefiel will deploy the Centric PLM suite to users in its costing, design, product development and product management departments.

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