Just two days after reporting second-quarter results, Fred's posted August results. Improved sales and traffic in the month were driven, according to CEO Bruce A. Efird, by initiatives that the company implemented for the first time in August.
Christopher & Banks president and CEO LuAnn Via said financial results for the second quarter ended Aug. 2 were solid, adding that the company made continued progress toward its long-term growth objectives.
Meijer is preparing to hire thousands of new employees for its stores as the growing company prepares for the fall and holiday selling seasons, announced Janet Emerson, EVP of operations for the Grand Rapids, Mich.-based retailer.
Wet Seal CEO John D. Goodman has resigned from the role he took in January 2013. He was charged with turning things around for the struggling retailer and replaced Susan McGalla, who was ousted after 11 months amid declining sales. Goodman is to be succeeded by Edmond Thomas, who rejoins the company as CEO and a member of the board as of Sept. 8.
Kohl’s and AwesomenessTV have teamed up to launch S.o. R.a.d., a seven capsule limited-edition junior’s fashion line and Life’s S.o. R.a.d., an original four season YouTube series featuring top teen influencers.
Staples has enhanced its omnichannel offerings, enabling small business owners to buy products online and pick them up in stores within hours, pay online via Visa Checkout, use in-store kiosks and download and use a dedicated iPad app.