Industry News

Nordstrom Inc announced on Wednesday that it plans to open a Nordstrom Rack at IDS Centre's Crystal Court on Nicollet Mall in downtown Minneapolis, Minnesota. This approximately 39,000- square-foot store is scheduled to open in autumn 2017 and will be the fifth Rack store in Minnesota following the announcement of a new store at nearby City Place, opening in spring 2017.. Nordstrom also currently operates two full-line stores at Mall of America..."/>
Nordstrom announces opening of new Rack store in Minneapolis, Minnesota
Target Corporation, the operator of Target stores, announced on Wednesday that its board of directors has authorised a new USD5.0bn share repurchase programme. With this new authorisation, the company will begin repurchasing shares upon completion of the current USD10nbn n programme, which is expected before the end of fiscal 2016.. Under its current USD10bn share repurchase programme, the company said it repurchased 125 million shares for a total investment of USD8.8bn..."/>
Target’s board authorises new USD5.0bn share repurchase programme; Declares USD0.60 regular quarterly dividend
Nord Anglia Education, Inc., the world's leading premium schools organization, will announce its starting student enrollment for the 2016/ 2017 academic year and outlook for full year fiscal 2017 and provide an update on its strategy for China dual curriculum schools on October 10, 2016 before the market opens. Chief Executive Officer Andrew Fitzmaurice and Chief Financial Officer Graeme Halder will host a conference call on October 10,..."/>
Nord Anglia Education to Announce Starting Student Enrollment and Outlook for Full Year Fiscal 2017 and Provide Update on China Dual Curriculum Strategy on October 10, 2016
Dunkin' Brands Group, Inc.,, the parent company of Dunkin' Donuts and Baskin-Robbins, today announced that David Hoffmann, 48, has been named president of Dunkin' Donuts U.S. and Canada, effective October 3, 2016. He will report to Nigel Travis, Dunkin' Brands Chairman and CEO, and will serve on the Dunkin' Brands Leadership Team. Hoffmann joins Dunkin' Brands after 22 years with McDonald's Corporation, where he most recently served as President, High..."/>
Dunkin' Brands Names David Hoffmann President Of Dunkin' Donuts U.S. And Canada
Ross Stores, Inc. will open a new store in Killeen, TX on September 24, 2016. The 22,000 square foot store is located in the Killeen Marketplace at Central Texas Expressway and Illinois Avenue, north of Austin, in the same plaza as the existing Killeen Ross Dress for Less. This new location, along with two other openings, will increase the store count to 42 in Texas."/>
Dd's DISCOUNTS to Open a New Store in Killeen, Texas
Ross Stores, Inc. will open two new stores in Harrisburg and Rosenberg, Texas on September 24, 2016. The 22,000 square foot Harrisburg store is located in the Harrisburg Plaza at Harrisburg Boulevard and Wayside Drive, just southeast of downtown Houston. The 20,000 square foot Rosenberg store is located in the Rose-Rich Shopping Center at Avenue H and Lane Drive, southwest of Houston."/>
Dd's DISCOUNTS to Open Two New Stores in Greater Houston, Texas
Lennar Corporation and reported on Wednesday that its board of directors approved a quarterly cash dividend of USD0.04 per share on the company's class A and B common stock, it reported on Wednesday. This dividend will be paid on 20 October 2016 to shareholders of record at the close of business on 5 October 2016.. Lennar is a builder of affordable, move-up and retirement homes under the Lennar brand."/>
Lennar announces dividends of USD0.04 per share for quarter
Scholastic Corporation authorised a class A and common stock cash dividend of USD0.15 per share for the second quarter of fiscal 2017, the company revealed on Wednesday. This dividend will be paid on 15 December 2016 to all shareholders of record as of the close of business on 31 October 2016.. Scholastic together with its subsidiaries, publishes and distributes children's books worldwide."/>
Scholastic declares USD0.15 per share Q2 2016 dividend
Daimler AG Supervisory Board as an employee representative. She studied law at the universities in Berlin and Freiburg. Sibylle Wankel has been active in trade unions since 1991 and has worked for IG Metall since 1997."/>
Sibylle Wankel succeeds Dr. Sabine Maaßen on the Daimler Supervisory Board
Lear Corp. will give Wayne State University $2.5 million to help build a new auditorium in the under-construction Mike Ilitch School of Business. The auditorium will be named for the company. "Wayne State has been a great partner to Lear," Matt Simoncini, president and CEO of Lear, told the Free Press in a phone interview."/>
Lear Corp. gives WSU's new Ilitch business school $2.5 million [Detroit Free Press]
Detroit Free Press Mark Phelan column [Detroit Free Press]
Handmade at Amazon Expands into Europe
General Motors Co. will announce its third quarter 2016 financial results on Tuesday, Oct. 25 at approximately 7:30 a.m. EDT. A press release, financial highlights and presentation slides with notes will be available on the company's Investor Relations website, http://investor.gm.com in the Earnings Release section, and on GM's media website, http://media.gm.com. GM will host a conference call for financial analysts at 10 a.m."/>
GM Announces 2016 Q3 Earnings Conference Call Details
Carriage Services, Inc. has acquired California, US-based funeral service provider Jay Chapel, the company said. Terms of the deal were not disclosed. Founded in 1893, Jay Chapelhas been a funeral service provider in theMadera-Fresnoarea for over 100 years."/>
Carriage Services Buys California Funeral Home
Mahindra and Mahindra Ltd's secretive Blue Lab. Mahindra has always been open to new ideas. It is India's only maker of electric cars and is developing a home-made luxury car under the Pininfarina brand."/>
The driverless tractor, other devices from Mahindra's cabinet of curiosities [Mint, New Delhi]
HDFC Bank Ltd, the largest private sector bank in India, was India's most valuable brand for the third successive year, and emerged on top of the BrandZ Top 50 Most Valuable Indian Brands ranking released by WPP Group and Kantar Millward Brown. HDFC Bank was also the only Indian brand in the BrandZ top 100 most valuable global brands list released in June. The total brand value of the top 50 brands in India declined by 2%, primarily due to a decline in the brand value of..."/>
HDFC Bank is still India's most valuable brand: Brandz ranking [Mint, New Delhi]
Univision Communications, Inc., best known for its dramatic soap operas, on Wednesday announced that News Corp. senior vice-president, Raju Narisetti, and the founding editor of Mint will be the chief executive officer for Gizmodo Media Group, earlier known as Gawker Media. Last month, the company which also owns a 40% stake in satirical news site The Onion, entered into an agreement to acquire digital media assets as part of..."/>
Raju Narisetti appointed CEO of Gizmodo Media Group [Mint, New Delhi]

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