News

09/16/2014 - 09:58

Top Dick’s Sporting Goods executives Joe Schmidt and John Duken have announced plans to leave the retailer before the end of the fiscal year.

09/15/2014 - 17:31

Leading shopping center owner and operator DDR Corp. announced that CEO Daniel B. Hurwitz and the board of directors have decided not to renew his employment agreement, which expires December 31, 2015. It is anticipated that Hurwitz will remain CEO through 2015 to ensure a smooth leadership transition.

09/15/2014 - 17:05

Macy’s and Bloomingdale’s will be among the first retailers to support the new Apple Pay mobile payment system, which will be available beginning this fall on new iPhone 6 and iPhone 6 Plus mobile devices, as well as on the newly unveiled Apple Watch. It’s just part of the company’s expanding omnichannel strategy.

09/15/2014 - 16:54

Late last month, Ann Inc. received an open letter from activist investors Engine Capital and Red Adler urging the company to sell at a substantial premium above current stock price.

09/15/2014 - 13:15

This fall, T.J.Maxx is partnering with Erika Christensen and designer Jenn Rogien, who has made headlines for her wardrobe curations for hit TV series such as “Girls” and “Orange Is the New Black,” for a new ad campaign revolving around a woman’s style.

09/15/2014 - 11:42

Longtime RadioShack adviser Holly F. Etlin has been tapped once more as interim CFO, replacing John Feray. Citing personal reasons, Feray resigned Sept. 12, just a day after the company posted its 10th straight quarterly loss.

09/12/2014 - 15:49

Overall retail spending growth in August 2014 was the strongest in more than a year, according to the First Data SpendTrend report.

09/12/2014 - 15:12

Hudson's Bay Company is reaping the rewards of its acquisition last year of Saks. The company’s retail sales soared 86.6% to $1.8 billion, from $948 million in the prior year.

09/12/2014 - 14:26

Ulta Beauty reported a 22.2% boost in second-quarter new sales and drove its best comps since the secondquarter 2012 thanks in large part to successful new products and brands as well as growth in e-commerce. Meanwhile, the beauty retailer continues to forge ahead on its new strategic plan.

09/12/2014 - 13:15

Foot Locker has enlisted crowdsourced delivery service Deliv so it can offer online customers same-day delivery.