News

Ronald Sargent and Frank Brown -- the CEO of Staples and the dean of an international business school, respectively -- have been nominated for election to The Home Depot's board of directors at the company’s upcoming annual meeting on June 2.

Separately, David Batchelder has informed the company that he has decided not to stand for re-election at the annual meeting. Batchelder, founder and principal of Relational Investors LLC, has been a director since 2007.

Recently I had one of the most immersive, exciting shopping experiences ever. I got to play with a bunch of cool products and to engage with employees and other shoppers who had similar tastes and interests as mine. The experience whetted my appetite for more products and I left totally pumped up about several brands. I told several people about my experience and they wanted to go check it out themselves. 

NEW YORK  -- Barneys New York has announced that Carine Roitfeld will collaborate on its women's fall 2011 campaign. Roitfeld will serve as guest editor and stylist working alongside celebrated photographer Mario Sorrenti and Barneys New York creative director, Dennis Freedman, to create the campaign, the company reported.

According to the company, the company will celebrate Roitfeld's iconic style and will feature looks displayed in the windows at Barneys' Madison Avenue flagship store. 

BENSALEM, Pa.  -- Charming Shoppes has announced the appointment of Anthony Romano as the company's president and CEO and a member of the company's board of directors, and the appointment of Brian Woolf as group president Lane Bryant, effective immediately.  

BENTONVILLE, Ark. -- Wal-Mart Stores said it will open a new office in Atlanta, positioning the retailer to more effectively manage nearly 1,600 stores in 20 eastern U.S. states and allow it to focus on opportunities to grow its business in states such as New York.

The new eastern business unit will be run by Rosalind Brewer, president of Walmart East and executive VP of Walmart U.S.

It seems like this kind of stuff only happens at Walmart. A female employee at a Walmart store in Naples, Fla. bit off the tip of a co-worker’s ring finger during a fight over an alleged affair, the Associated Press reported this week. Collier County Sheriff’s deputies said they charged 43-year-old Clodia Coicour with aggravated battery stemming from the incident that took place outside the store where they both worked.

Walmart International takes center stage next week with investors, as international division president and CEO Doug McMillon and other members of senior leadership offer insight into operations in China and Japan.

A monthly pricing survey by Credit Suisse showed Walmart had the lowest overall basket price in Dallas and Chicago and suggest that where prices head from here is up to Walmart.

Walmart’s small format desires certainly haven’t gone unnoticed by the folks at Dollar General, a company that appears bent on saturating the marketplace with small discount stores. Last year, Dollar General opened 600 new stores and remodeled or relocated 504 other stores to end its fiscal year with 9,372 stores. This year, more of the same is planned with the expansion figure getting a bump to 625 new units, while the number of remodels and relocations expands to 550 units.

Atlanta -- The Home Depot board member David H. Batchelder has decided against standing for re-election. The company said Thursday that it is nominating Staples chairman and CEO Ronald L. Sargent and former accounting and consulting company executive J. Frank Brown for seats.

Batchelder, 61, has been a Home Depot board member since 2007. He is the founder and principal of Relational Investors LLC.

Sargent, 55, has served as Staples' CEO since 2002 and as chairman since 2005.