Corporate Governance

New York City -- Saks Fifth Avenue said Friday that, during February, it will give 5% of all registered purchases made with a Saks Fifth Avenue credit card back to local charities.

Saks Fifth Avenue has partnered with 194 charitable organizations nationwide.

“We appreciate our customers’ charitable involvement and look forward to giving back locally with this exciting and newly implemented national program,” said Steve Sadove, chairman and CEO, Saks Inc.

Los Angeles -- SkuLoop, a retail solution provider offering a suite of tools that allows retailers and brands to build their own digital promotions, announced that veteran fashion executive Trent MacLean has joined its board of advisors. He previously served as president and COO of 7 for all Mankind and Paige Denim, and prior to that as president of Liz Claiborne Casual Sportswear and president of Liz Claiborne Canada.

Philadelphia -- Urban Outfitters Inc. has appointed a former executive as CEO of its namesake brand. The company named Tedford Marlow as head of the Urban Outfitters Group, effective Feb. 6. Marlow he retired from the chain in 2010, after spending nine years as president of the Urban Outfitters brand.

The announcement came almost a month after Richard Hayne, the company's chairman and president, succeeded CEO Glen Senk, who resigned. Hayne co-founded the company in 1970.
 

Deerfield, Ill. -- Walgreens said its same-store sales in January fell 4.6% in the wake of its decision to stop doing business with a major  pharmacy benefits manager. A weak flu season also figured into its results.

Walgreen stopped filling prescriptions for patients in the Express Scripts network on December 31, 2011. Pharmacy same-store sales were down 7.9% in January.
 

New York City -- Kohl’s Department Stores and Walmart rank among the nation’s top purchasers of power according to the EPA’s most recent Green Power Partnership report. Kohl’s placed second in the ranking, while Walmart came in at third, followed by Whole Foods Market. Intel Corp. maintained its long-held top spot. Other retailers in the top 10 included Starbucks (No. 7) and Staples (No.9).

Salisbury, N.C. -- Bottom Dollar Food will open an additional seven stores in the greater Pittsburgh and Youngstown, Ohio, markets on Feb. 9

The discount grocer opened its first seven stores in the greater Pittsburgh area on Jan. 26.
 

Sandpoint, Idaho -- Coldwater Creek Inc. has promoted Jim Bell to the newly created position of executive VP and COO. He will oversee the retailer's information technology systems, real estate, distribution and logistics, planning and allocation, and finance.

Bell is currently the company's chief financial officer, and will continue to fill that role in his new job, the company said Thursday.
 

Washington, D.C. -- The Bloomberg Consumer Comfort Index revealed Thursday that consumer confidence in the U.S. climbed for the second week in a row, suggesting rising optimism about economic issues.

The Index rose to minus 44.8 in the period to Jan. 29 from minus 46.4 the previous week. A measure of Americans’ view of the state of economy climbed to the highest since June, according to the report.

Arlington, Va. -- The Retail Industry Leaders Association said Thursday that it will hold the first-ever Labor and Employment Law Forum on March 21-22, at the Hyatt Regency Washington on Capitol Hill in Washington, D.C.

The conference is intended to provide insights from members of Congress, legal experts and retailers on the latest issues on labor and employment law affecting the retail industry.

Chelmsford, Mass. -- A report released Thursday by Kronos Inc. showed that hiring conditions among retailers are tightening, suggesting an improvement in the industry.