aggregatedcontent

Wal-Mart Seen Facing Sizeable Fines in U.S. Bribery Probe
December 18, 2012

Wal-Mart Stores may be facing sizeable fines related to allegations of widespread bribery at its Mexican affiliate, after a second report from the New York Times provided more details about the scope of the potential...

Dillard's to Settle EEOC Suit for $2 Million
December 18, 2012

A report on Tuesday by the U.S. Equal Employment Opportunity Commission revealed that Dillard’s Inc. will pay $2 million to settle a class-action disability discrimination lawsuit. The department store retailer will also have to “commit to...

Grainger to Acquire Techni-Tool, Inc.
December 18, 2012

Grainger, a broad line supplier of maintenance, repair and operating products serving businesses and institutions, yesterday announced its intent to acquire Techni-Tool, Inc., and its affiliate Wassco Inc., leading specialist distributors serving manufacturing customers with 2011 sales of $88 million. Grainger expects the transaction to close by Dec. 31, subject to standard conditions, and be neutral to 2013 earnings per share. Terms of the agreement weren't disclosed.

PGA TOUR Superstore To Open First California Store
December 18, 2012

ROSWELL, Ga., Dec. 18, 2012 /PRNewswire/ -- On the heels of opening a store in Paramus, NJ, PGA TOUR Superstore announced today that its first store on the West Coast will be in East Palo Alto, CA. Scheduled to open in the spring of 2013, the 47,000...

Target to Open Stores in California, Baltimore
December 18, 2012

Minneapolis-based Target Corp. plans to open new stores in Alameda, Calif., and Baltimore in October 2013. The new 140,000-sq.-ft. California store will be located at the Alameda Landing Shopping Center, and the 135,000-sq.-ft. Baltimore store will be...

Green Mountain Coffee Names Norman Wesley as Chairman
December 18, 2012

Green Mountain Coffee Roasters Inc. (GMCR), the maker of Keurig single-cup pods and brewers, named former Fortune Brands Inc. Chief Executive Officer Norman Wesley chairman and added A.D. Mackay as a company director. Mackay, 57, became a director on...

Zara Unveils Latest Retail Concept in London
December 18, 2012

Most Recent Articles On Fashion Scoops ZARA’S U.K. FACELIFT: Zara has opened the doors to its first U.K. store that features the brand’s latest retail concept. It sits over three floors and occupies 1,500 square meters of retail space at Park House,...