Guess? has appointed Joseph Gromek to its board, increasing the number of directors to seven and bringing the total number of independent directors to five. Gromek will also serve on the compensation and nominating and governance committees of the board.
Ultra high definition displays installed at the Westfield Garden State Plaza mall produce stunning images, engage shoppers and serve as a reminder why retail pundits are wrong who say, “the mall is dead.”
The Wet Seal board has decided to reduce the cash compensation for its directors by 20% for the remainder of fiscal 2014 and to reduce the number of director nominees to be elected at its upcoming annual meeting from nine to seven.