All 10 members of Target’s board of directors were re-elected at the retailer’s annual meeting on June 11, but there was strong opposition to several members and a proposal requiring an independent chairman nearly passed.
Staples has acquired Runa, a software company based in San Mateo, Calif., that helps online retailers increase sales by personalizing the shopping experience. Terms and conditions of the acquisition were not disclosed.
Hastings Entertainment reported that net income was approximately $1.2 million, or 15 cents per diluted share, for the fourth quarter ended Jan. 31, compared with a net loss of approximately $8.4 million, or $1.00 per diluted share, for the same period last year.
The late Russ Berrie, former CEO and chairman of Russ Berrie & Company, and Judy Ellis, founder of the nation’s first baccalaureate program in toy design, are the newest inductees to the Toy Industry Hall of Fame.