News

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.
Columbia Sportswear profits from athleisure trend
Athleisure apparel continues to be a driver of growth for Columbia Sportswear Co., which posted record sales in its first quarter.

Study: Shoppers ‘creeped out’ by in-store identifying, tracking features

San Francisco -- Shoppers think it is cool to get digital help finding relevant products and information – and navigating the store, according to a study by RichRelevance. But they are creeped out by digital capabilities that identify, track and use location and demographics, such as targeted advertisements based on facial recognition. In addition, the dressing room is the one area where personalized product information and recommendations are not welcome.
Tech Guest Viewpoint: A Smart Brand’s Guide to Beacon Technology

By Jessica Lee, senior manager of mobile, HelloWorld
Tuesday Morning names president/COO; posts Q3 loss

Dallas – Tuesday Morning Corp. has promoted Melissa Phillips, who currently serves as executive VP and general merchandise manager, to the newly created position of president and COO. In this role, Phillips will be directly responsible for merchandising, store operations and marketing, and will report directly to CEO Michael Rouleau.
Report: eBay shareholders vote for power to nominate directors

San Jose, Calif. – eBay Inc. shareholders have reportedly voted themselves a measure of power to nominate directors on the company’s board. According to the Wall Street Journal, 59% of shares voting at the meeting approved allowing investors who hold at least 3% of eBay’s shares for three years to nominate up to 25% of the company’s directors.
Sales and earnings on the rise at Publix

Publix continues to demonstrate that its customers indeed find that shopping there is a pleasure, judging by the grocery chain's first quarter results.

Publix’s sales for the first quarter of 2015 were $8.3 billion, a 6.8% increase from last year’s $7.8 billion. Same store sales increased 5.3%. Net earnings for the first quarter of 2015 were $548.9 million, compared to $493.7 million in 2014, an increase of 11.2%. Earnings per share for the first quarter increased to $0.71 for 2015, up from $0.63 per share in 2014. T
Publix profits in Q1

Lakeland, Fla. – Publix Super Markets Inc. satisfied the public in the first quarter of fiscal 2015. The retailer’s net income jumped 11% to $548.9 million from $493.7 million in the same period a year earlier.

Sales were $8.3 billion, a 7% increase from $7.8 billion. Same-store sales increased 5.3%.

Publix stock is not publicly traded and is made available for sale only to current Publix associates and members of its board of directors.
Specialty drugs lift CVS profit in Q1

CVS Health's growth in its drug services business is helping to offset retail sales declines from its decision to stop selling cigarettes<span style="color: rgb(54, 54, 54); font-family: open_sansregular, Arial, Helvetica, sans-
Staples, Office Depot celebrate teachers

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