Corporate Governance

SPARKS, Md. — McCormick & Company reported sales and profit results for the second quarter ended May 31, at which time the company completed its acquisition of Wuhan Asia Pacific Condiments, a leading bouillon manufacturer in central China.

Arby's identifies more than $5.5 million in potential savings for energy program

Arby's Restaurant Group has taken an aggressive stance with regard to its third largest and most controllable expense: energy. Faced with rising costs, the chain developed a strategic energy management plan that identified more than $5.5 million in potential annual savings.

Fremont, Calif. – George Zimmer, the founder and executive chairman of Men’s Wearhouse who was stripped of his executive chairman title last week and has been engaging in a war of words with the retailer ever since, continued his verbal battle in an open letter released on June 26.

Easley, N.C. -- The new 138,000-sq.-ft. Sam’s Club in Easley Town Center Easley, N.C., celebrated its grand opening on June 27. Mayor Bagwell and Chamber of Commerce president Cindy Hopkins attended.

As part of the continuing celebration, University of South Carolina running back George Rogers will sign autographs on June 29.

Dallas – Haggar Clothing Co. is supporting a planned expansion of its store presence in the U.S. and Canadian markets with the implementation of multiple solutions from Epicor Retail Software. Haggar seeks to open 10 to 15 new stores annually in the U.S. through 2017 and two to three stores a year during the next four years throughout Canada.

Walmart said the head of its Indian operations left the company this week and named Ramnik Narsey, SVP of Walmart International, to serve as the interim leader for the company’s Indian business. To read more click here.

John Crossman talks about his induction into the FSU Business Hall of Fame

In April, John Crossman, president of Orlando, Fla.-based real estate firm Crossman & Co., became the youngest inductee into the Florida State University College of Business Hall of Fame.

Established in 2003, FSU's College of Business Hall of Fame honors graduates who have excelled in their careers, earned significant recognition for professional achievements and community service, and made significant contributions to the mission of the College of Business.