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Mass Merchant

  • Report: Costco sues Johnson & Johnson, Utah

    Issaquah, Wash. – Costco Wholesale Corp. is reportedly off to a litigious start in the first half of 2015. According to the Wall Street Journal, Costco is suing Johnson & Johnson’s Vision Care division for allegedly fixing prices on contact lenses.

  • Former PetSmart CEO joins board of home décor chain At Home

    Garden Ridge, Texas -- Décor superstore retailer At Home said that Former PetSmart CEO and chairman Phil Francis has been selected as an independent member of the board of directors of décor superstore retailer At Home. The retailer has been acquiring senior leadership talent with public company experience which has some industry experts suggesting a stock offering could be in the company’s future.

  • OfficeMax veteran is new True Value CFO

    True Value Company has selected a specialty retail veteran as its next chief financial officer.

  • Canadian Tire opens second digital innovation lab; plans new store

    Toronto - Canadian Tire Corp. is opening its new “'Digital Garage” in Kitchener-Waterloo, Ontario, in Canada's “Silicon Valley North.” The new facility is the second digital innovation lab for Canadian Tire, situated near its Communitech lab, and will allow the company's top digital innovators to develop new in-store and online technologies at a faster pace.

  • Ex-PetSmart CEO is At Home on new board

    The At Home chain of home décor superstores continues to acquire senior leadership talent with public company experience which suggest a public stock offering could be in the company’s future.

    The most recent addition involves the appointment of former PetSmart CEO and Chairman Phil Francis. who has selected as an independent member of the At Home board of directors.

  • Fresh Market adds 2 retail vets to board

    The CEO of Carter's Inc. and the former CFO of V.F. Corp. have joined the board of directors at the Fresh Market.

    Michael D. Casey, CEO and a director of Carter’s Inc., and Robert K. Shearer, formerly CFO of V.F. Corp., have been named as independent directors effective May 1. With these additions, the Fresh Market’s Board has nine directors, eight of whom are independent directors.

  • Staples, Office Depot celebrate teachers

    Staples and Office Depot are celebrating National Teacher Appreciation Week with big savings for educators.

  • Report: Target returns 55 Canada leases

    Mississauga, Canada – Target Corp.’s exit from Canada is reportedly not turning out as smoothly as the retailer had hoped. According to the Toronto Globe and Mail, Target is returning 55 leases it could not find a bidder for to their landlords.

    Target is also returning 19 leases for office and warehouse space in Canada. The company operated a total of 133 stores in Canada; meaning about 40% of the store leases did not attract bidders.

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