Tuesday Morning Reaches Deal With Investor Group

After facing a potential proxy fight with an investor group of stockholders pushing for leadership changes at the off-price retailer, Tuesday Morning said that it has entered into a cooperation agreement with Jeereddi Partners, Purple Mountain Capital Partners and their affiliates.

Walmart: Momentum, Investments Will Drive Results

As part of its 2016 investment community meeting, Wal-Mart Stores said it plans to outline the company’s strategic framework to its omnichannel strategy, which includes continued investment in digital products and integration of into more comprehensive Internet operations.