On Tuesday, Kohl’s Corporation (NYSE:KSS)’s shares declined -1.48% to $76.58, as Families across the country will be delighted by the charming collection of award-winning children’s books accessible at Kohl’s Department Stores (KSS) and on Kohls.com this summer, by the author/illustrator team Philip C. Stead and Erin E. Stead. Each delightful Kohl’s Cares® story book and cuddly plush toy is accessible is now through June 27 and is priced at just $5. Perfect for every library, families will make story time memories with this lovely collection, which gives back to the community as 100 percent of the net profit supports children’s health and education initiatives nationwide.
“The endearing Kohl’s Cares merchandise collection by Philip C. Stead and Erin E. Stead will inspire a child’s love for reading this summer with every turn of the page,” said Bevin Bailis, Kohl’s senior vice president, communications and public relations. “Through the Kohl’s Cares cause merchandise program, we provide families with heart-warming books and coordinating plush toys at an incredible value, all while giving back to the communities in which we live.”
The summer collection of Kohl’s Cares books and plush comprise:
- “A Sick Day for Amos McGee” book and Elephant plush
- “Bear Has a Story to Tell” book and Bear plush
- “and then it’s spring” book and Turtle plush
- “If You Want to See a Whale” book and Whale plush
Kohl’s Corporation operates department stores in the United States. It offers private label, exclusive, and national brand apparel, footwear, accessories, beauty, and home products to children, men, and women customers. The corporation also sells its products online at Kohls.com and through mobile devices. As of March 03, 2015, it operated 1,162 department stores in 49 states Kohls Corporation was founded in 1962 and is headquartered in Menomonee Falls, Wisconsin.
Microchip Technology Inc (NASDAQ:MCHP)’s shares dropped -1.47% to $48.80, during the last trading session on Tuesday, after Microchip Technology Inc (MCHP), declared that the BMW Group is ongoing to broaden the proliferation of MOST® technology in its vehicle infotainment networks, using Microchip’s Intelligent Network Interface Controllers (INICs). The BMW 2 Series Active Tourer is BMW’s latest volume car model to implement MOST technology, following the corporation’s wide deployment among its premium models, which began in 2001.
Microchip Technology Incorporated develops, manufactures, and sells semiconductor products for various embedded control applications. The corporation offers microcontrollers, such as 8-bit, 16-bit, and 32-bit microcontrollers under the PIC brand name; and 16-bit dsPIC digital signal controllers, in addition to provides microcontrollers for automotive networking, computing, wireless communication, and wireless audio applications.
At the end of Tuesday’s trade, Kroger Co (NYSE:KR)‘s shares dipped -1.45% to $75.22, after The Kroger Co. (KR) associates working at Kroger in the Louisville division have ratified a new labor contract with UFCW Local 227.
“We are happy to reach a contract that is good for our associates. This new contract provides wage raises, affordable health care and investment in our associates’ pension fund to support their retirement,” said Calvin Kaufman, president of Kroger’s Louisville division. “This contract comes after thoughtful and productive work by both the corporation and union bargaining committees. I want to thank our associates for supporting the contract and for the excellent service they provide to our customers every day.”
The contract covers nearly 14,000 associates working in 89 stores in the Louisville and Southern Indiana areas.
The Kroger Co., together with its auxiliaries, operates as a retailer in the United States and internationally. It also manufactures and processes food for sale in its supermarkets. The corporation operates retail food and drug stores, multi-department stores, jewelry stores, and convenience stores. Its combination food and drug stores offer natural food and organic sections, pharmacies, general merchandise, pet centers, fresh seafood, and organic produce; multi-department stores provide general merchandise items, such as apparel, home fashion and furnishings, outdoor living, electronics, automotive products, toys, and fine jewelry; and price influence warehouse stores offer grocery, and health and beauty care items, in addition to meat, dairy, baked goods, and fresh produce items.
Best Buy Co Inc (NYSE:BBY)’s shares dropped -1.41% to $37.80, during the last trading session on Tuesday, after Best Buy Co Inc (BBY), declared recently that Board Chairman Hatim Tyabji is retiring from the Board effective June 9, 2015. Tyabji has been a Board member since 1998 and chairman of the Best Buy Board of Directors since 2012.
Best Buy President and CEO, Hubert Joly, will succeed Tyabji and take on the additional role of Board chairman. Russell P. Fradin, President and CEO of SunGard and a Best Buy Board member since April 2013, will serve as Lead Independent Director.
Tyabji continued: “I want to thank my colleagues on the Board – past and present – and, just as importantly, the 125,000 men and women of this great corporation. To have played even a small role in Best Buy’s story has been a great honor; leaving this corporation is more difficult than I could have anticipated. But, the time was right. We have moved from turnaround to transformation. Hubert, the Board and the executive team are prepared to take this corporation into the future.”
“On behalf of the Board, let me thank Sanjay and Al for their service and unwavering commitment to Best Buy and our customers, shareholders and employees,” Tyabji said. “I am grateful for their service and wish them only the very best.”
Best Buy Co., Inc. operates as a retailer of technology products, services, and solutions in the United States and internationally. Its stores offer consumer electronics comprising primarily of television and home theaters; digital cameras and camcorders; DVD and Blu-ray players; portable electronics, such as MP3 devices, headphones and speakers, car stereo, navigation and satellite radio; and related accessories.
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