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July 22, 2014

The back-to-school (BTS) shopping season is already in full swing, with over one-third (37%) of consumers having begun their shopping – up from the 29% who started at this time last year, according to the International Council of Shopping Centers.

New York - The back-to-school (BTS) shopping season is already in full swing, with over one-third (37%) of consumers having begun their shopping – up from the 29% who started at this time last year, according to the International Council of Shopping Centers. And roughly 90% of households indicated a selection of brick-and-mortar retail as a shopping venue for the BTS season.

July 7, 2014

PetSmart investor Longview Asset Management LLC, Chicago, has joined activist investor Jana Partners in calling for the retail chain to consider a sale.

New York – PetSmart investor Longview Asset Management LLC, Chicago, has joined activist investor Jana Partners in calling for the retail chain to consider a sale. Meanwhile, PetSmart said it was reviewing ways to return more cash to shareholders.

May 27, 2014

Every year, one of my personal highlights is the International Council of Shopping Centers (ICSC) RECon convention in Las Vegas.

Every year, one of my personal highlights is the International Council of Shopping Centers (ICSC) RECon convention in Las Vegas. It’s a chance both to connect with the fascinating leaders in our field, as well as to see a few steps into the future. RECon bills itself at the “global convention for the shopping center industry,” and that label is an accurate one: Over 1,000 exhibitors and more than 32,000 attendees make RECon the largest convention in the industry.

May 15, 2014

Chute Gerdeman has announced four team member promotions, including the appointment of Mary Lynn Waite, formerly senior designer, brand communications, to creative director.

Columbus, Ohio -- Chute Gerdeman has announced four team member promotions, including the appointment of Mary Lynn Waite, formerly senior designer, brand communications, to creative director.

In other promotions:

• Steve Boreman, previously senior designer, brand communications, has been named design director, brand communications.  

• Kevin Worden has been promoted to director of digital integration, information technology.  

April 10, 2014

Office Depot Inc. has been named to the 15th annual list of America’s Top Corporations for Women’s Business Enterprises (WBEs) by the Women’s Business Enterprise National Council (WBENC).

Boca Raton, Fla. -- Office Depot Inc. has been named to the 15th annual list of America’s Top Corporations for Women’s Business Enterprises (WBEs) by the Women’s Business Enterprise National Council (WBENC). This marks the 12th year that Office Depot has been named to the list.

January 9, 2014

Sales for the November-December holiday period increased 3.0%, based on a tally of monthly reporting firms compiled by the International Council of Shopping Centers.

New York -- Sales for the November-December holiday period increased 3.0%, based on a tally of monthly reporting firms compiled by the International Council of Shopping Centers. The rise came despite the extreme weather across much of the United States during prime holiday shopping time, and a shortened holiday season.

January 7, 2014

The International Council of Shopping Centers created a terrorist-awareness training program shortly after 9/11. At the time, there were no training programs in place for the shopping center industry.

“We hired George Washington University to develop a program and funded the work with $2 million,” said Malachy Kavanagh, ICSC spokesperson. “We created a 10-module course that is delivered over the Internet. You can learn at your own pace. If you work right through, it will take 14 to 15 hours.”

November 20, 2013

Earlier this month in Dhaka, Bangladesh, the International Labor Organization (ILO), technical experts from the Alliance for Bangladesh Worker Safety, the Accord on Fire and Building Safety, and the Bangladesh University of Engineering and Technology (BUET) came to agreement on a common, minimum criterion for fire and structural inspection safety standards, pending a few final modifications.

Washington, D.C. - Earlier this month in Dhaka, Bangladesh, the International Labor Organization (ILO), technical experts from the Alliance for Bangladesh Worker Safety, the Accord on Fire and Building Safety, and the Bangladesh University of Engineering and Technology (BUET) came to agreement on a common, minimum criterion for fire and structural inspection safety standards, pending a few final modifications.

November 11, 2013

Procrastinating is out this year when it comes to holiday shopping, with most consumers (62%) planning to finish their gift buying on or before Dec. 16, according to a survey by the International Council of Shopping Centers.

New York -- Procrastinating is out this year when it comes to holiday shopping, with most consumers (62%) planning to finish their gift buying on or before Dec. 16, according to a survey by the International Council of Shopping Centers.

As in most years, the top shopping day of the year is expected to be Black Friday. However, Cyber Monday will follow close behind across most demographic groups, overtaking Super Saturday as the second busiest holiday shopping day of the year.

October 9, 2013

Over 35% of respondents received no formal training, and 28% were asked to read a manual or a handbook, according to a recent study of retail store associates by Qumu, a provider of secure multimedia content management and delivery solutions.

San Bruno, Calif. -- Over 35% of respondents received no formal training, and 28% were asked to read a manual or a handbook, according to a recent study of retail store associates by Qumu, a provider of secure multimedia content management and delivery solutions. The survey also revealed that retail employees are looking for improved executive communication to provide them with a greater understanding of company strategy (57%), more connectedness to the company community (47%), and understanding of activity in other stores (46%).

October 8, 2013

RKF has formed an affiliation with CWM Retail Property Advisors, LLP, a U.K.-based retail consulting firm.

New York — RKF has formed an affiliation with CWM Retail Property Advisors, LLP, a U.K.-based retail consulting firm.

Under the agreement, RKF has acquired CWM’s New York City office, whose current staff will join RKF. In addition, CWM and RKF have each committed to an exclusive relationship involving shared business referrals within the U.S. and the U.K.

August 13, 2013

Office Depot is making a public offer to its largest shareholder, Starboard Value LLP, to settle a dispute about who should serve on its board of directors.

Boca Raton, Fla. -- Office Depot is making a public offer to its largest shareholder, Starboard Value LLP, to settle a dispute about who should serve on its board of directors. In a press release, Office Depot said that if CEO Selection Committee members Tom Colligan and Marsha Evans are re-elected, the company would immediately invite to its board of directors any of the three Starboard nominees recommended by proxy advisory firms Institutional Shareholder Services (ISS) and Glass Lewis who are not elected.

August 5, 2013

By Colleen A. Conry, Jane D. Goldstein, Natalie Logan and Alicia Suarez, Ropes & Gray LLP. Conry

By Colleen A. Conry, Jane D. Goldstein, Natalie Logan and Alicia Suarez

On April 24, 2013, 1,127 people were killed when Rana Plaza, a garment manufacturing complex in Savar, Bangladesh, collapsed. This tragedy highlights the working conditions that may exist in Bangladesh and other countries. It also draws attention to the challenges faced by U.S. companies that want to conduct their business in an ethical and socially responsible way, particularly when operating through third-party suppliers in foreign countries.   

July 30, 2013

The proposed acquisition of Saks by Hudson’s Bay Company is spurring investigations by at least three law firms.

New York – The proposed acquisition of Saks by Hudson’s Bay Company is spurring investigations by at least three law firms. Law firms Harwood Feffer LLP, Robbins Arroyo LLP and Kahn, Swick and Foti LLP are all investigating concerns such as whether the Saks board of directors is fulfilling its fiduciary duties, maximizing the value of the company, disclosing all material benefits and costs, and obtaining full and fair consideration for shareholders.

June 4, 2013

Law firm Harwood Feffer LLP is launching an investigation into claims against the board of directors of rue21 Inc. regarding the proposed purchase of the company by Apax Partners.

New York – Law firm Harwood Feffer LLP is launching an investigation into claims against the board of directors of rue21 Inc. regarding the proposed purchase of the company by Apax Partners. On May 23, rue21 announced a definitive agreement for Apax to buy it, with stockholders receiving $42 in cash per share.

May 13, 2013

In what could be bad news for retailers, “mass affluent” consumers (those with $50,000 to $250,000 in investable assets) and Gen Y (age 18-34) are cutting back on spending to save for retirement.

New York – In what could be bad news for retailers, “mass affluent” consumers (those with $50,000 to $250,000 in investable assets) and Gen Y (age 18-34) are cutting back on spending to save for retirement. According to the Spring 2013 Merrill Edge Report, the average mass affluent investor expects to save $860,000 for retirement but has only saved $150,000. If given an extra $1,000 per month, 50% of mass affluent consumers would put it toward savings or paying down debt.

March 4, 2013

By Randy Frischer, Jonathan Forman, and Brad Poris, BDO USA, LLP

February 15, 2013

By Ben Carrasco, Smith, Robertson, Elliott & Douglas, LLP

By Ben Carrasco, litigation associate, Smith, Robertson, Elliott & Douglas, LLP, Austin, Texas,
bcarrasco@smith-robertson.com

October 22, 2012

By Bruce M. Cross, Perkins Coie LLP

By Bruce M. Cross, BCross@perkinscoie.com

In the holiday rush, it's easy to overlook wage-hour issues. This article discusses common ones to which retailers should be alerted, including: temporary workers and independent contractors; unpaid interns and trainees; “off-the-clock” work, meal and rest breaks; seating requirements; cost of uniforms; workplace safety; and overtime exemptions.

Temporary workers

October 9, 2012

I’m sure I wasn’t the only person in the industry to raise an eyebrow when the S&P Retail Index notched an all-time high last month.

I’m sure I wasn’t the only person in the industry to raise an eyebrow when the S&P Retail Index notched an all-time high last month. Closing at $669.26 on Sept.14 to reach that milestone, the index has continued to creep up even further the last couple of weeks. A closer look at the stock market performance of the retail sector shows that both REITs and many individual retailers are continuing a strong positive trend—which makes sense, of course, because REITs will perform better in a strong retail environment when retailers are doing well.

June 21, 2012

Compared with most other industries, retail companies face shorter time horizons and tighter metrics. The pressure to perform is great, which perhaps explains why many retail firms are having trouble holding onto their top executives.

For example, one major U.S. retailer recently suffered the departures of a senior marketing executive, a division president and another executive VP, all within the space of a few months. One of those executives had lasted only five months, while another had a tenure of less than two years.

March 2, 2012

JDA Software Group announced that Woolworths, South Africa’s leading and most respected retail chain, selected a number of JDA solutions in fourth quarter 2011.

New York City -- JDA Software Group announced that Woolworths, South Africa’s leading and most respected retail chain, selected a number of JDA solutions in fourth quarter 2011.

February 23, 2012

Branding agency The Richards Group said Wednesday that, on behalf of client H-E-B Grocery Co., it has selected production company King and Country to create six new spots featuring a mixture of kids, family pets, animated typography, and the red and white colors from H-E-B's logo.

Santa Monica, Calif. -- Branding agency The Richards Group said Wednesday that, on behalf of client H-E-B Grocery Co., it has selected production company King and Country to create six new spots featuring a mixture of kids, family pets, animated typography, and the red and white colors from H-E-B's logo.

The first of the 15-second spots debuted Wednesday in targeted TV and cable outlets and on HEB's social media channels, including YouTube.com/HEB.

October 4, 2011

Claire's Stores, Inc. said Tuesday that it has named Beatrice Lafon President of the European Division, effective immediately.

Chicago -- Claire's Stores, Inc. said Tuesday that it has named Beatrice Lafon President of the European Division, effective immediately.

In her position as President of Europe, Lafon will lead the continued growth and expansion of the European business, with direct oversight of buying, merchandising and allocation, supply chain, stores, and the overall operations for approximately 1,100 stores across 13 countries.

Lafon will report to Gene Kahn, CEO. 

October 19, 2010

Recreational Equipment Inc. (REI) announced that Mark K. Comstock has joined the co-op in the...