Education

New York -- The University of Missouri-Kansas City will present Costco co-founder Jim Sinegal with its Entrepreneur of the Year award at a special ceremony this fall, according to published reports.

The St. Louis Post-Dispatch reported Thursday that Sinegal, who retired as the club retailer's CEO in January 2012, would be among the honorees of the university's 28th Annual Entrepreneur of the Year Awards celebration.

Sinegal founded Issaquah, Wash.-based Costco together with Jeff Brotman in 1983.
 

WASHINGTON — President Barack Obama has proposed increasing federal taxes on cigarettes, drawing criticism from tobacco companies and praise from anti-smoking groups.

As part of his proposed budget, Obama proposed raising the tax on cigarettes by 94 cents per pack, with similar increases on other tobacco products. The current tax is $1.01 per pack.

BENTONVILLE, Ark. — Walmart has announced a $1.6 million donation to the Institute for Sustainable Communities (ISC), a U.S. based NGO, to establish the Environmental Health and Safety (EHS) Academy in Bangladesh. Sida, the Swedish International Development Cooperation Agency, is also a partner in providing support for the new Academy.

NEW YORK — Simon Kneen, creative director and EVP design for Banana Republic has been awarded a Doctor of Arts honoris causa from Kingston University in London, United Kingdom. A Kingston University graduate, Kneen was nominated and awarded for his 30-year commitment and success in the fashion and design industry. 

Bentonville, Ark. -- Wal-Mart said it will open two additional college campus locations, nearly two years after make its university debut at the University of Arkansas at Fayetteville.

According to a Monday report by the Wall Street Journal, which cited Inside Higher Ed, the retailer will open a 5,000-sq.-ft. store at Arizona State University in Phoenix next month, and will open in Atlanta on the Georgia Tech campus later this year.

Walmart’s chief merchant and chief marketing officers are headliners at an upcoming conference organized by the Center for Retailing Excellence within the University of Arkansas’ Sam M. Walton College of business.

TULSA, Okla. — Real estate auction company AmeriBid LLC announced that John Pellow, previously chief marketing officer, has been promoted to VP. 

"We are thrilled to have John's expertise and commitment to client service on the sales team at AmeriBid," comments Stan Schreyer, Chief Executive Officer. "There is no doubt that he will continue to drive success within the company and achieve significant goals in the process."

New York -- Store development and facilities professionals from some of the nation’s biggest retail and restaurant chains gathered in Dallas, Texas, to attend Chain Store Age’s 49th annual SPECS Conference, March 17-20, at the Hilton Anatole Hotel.