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  • Former Williams-Sonoma exec to head global retail at Levi’s

    New York -- Levi Strauss & Co. has named Craig Nomura as president of global retail, effective Feb. 3, 2014. He joins Levi’s from Williams-Sonoma Inc., where he was most recently senior VP of global development.

    Nomura, who also held leadership positions at Gap Inc., The Gymboree Corp., Guess?, Inc., and Foot Locker, succeeds Joelle Maher, who left Levi’s in June 2013 to join Gymboree as COO.

  • The Pantry recommends against board nominees

    Cary, N.C. – The Pantry has confirmed that JCP Investment Management, LLC, and Lone Star Value Management, LLC (“the dissident group”) submitted a notice of intent to nominate director candidates to stand for election to The Pantry’s board of directors at the company's 2014 annual meeting of stockholders.

  • FTD names BCG partner to board

    Downers Grove, Ill. – The board of directors of FTD Companies, Inc. has appointed Michael Silverstein as a director of the company, effective Jan. 21, 2014. Silverstein will serve as a class I director with a term expiring at the company's 2014 annual meeting of stockholders.

  • C-stores account for 34.3% of all U.S. retail outlets

    ALEXANDRIA, Va. -- The U.S. convenience store count increased to 151,282 stores as of December 31, 2013, a 1.4% increase (2,062 stores) from the year prior, according to the 2014 NACS/Nielsen Convenience Industry Store Count. Convenience stores account for 34.3% of all retail outlets in the United States, according to Nielsen, which is significantly higher than the U.S. total of other retail channels including drug stores (41,378 stores), supermarket/supercenter (37,459 stores) and dollar stores (24,853 stores).

  • Wal-Mart announces $10 million fund to support U.S. manufacturing

    Washington, D.C. -- Wal-Mart Stores announced that it has created a $10 million fund to support manufacturing in the United States. In a joint announcement, Kent International, a New Jersey-based bicycle maker and one of the chain’s suppliers, said  that it will move its production from overseas to Clarendon, S.C.

  • Stein Mart names former Neiman Marcus CEO to board

    Jacksonville, Fla. – Stein Mart, Inc. has named Burton M. Tansky to the company's board of directors. Tansky was with The Neiman Marcus Group for 23 years, retiring as president and CEO in 2010.

  • Target to end health coverage for part-time workers

    Minneapolis – Target Corp. is the latest major retailer to announce it will stop offering health insurance to its part-time employees. In a company blog post on Jan. 21, Target said it will no longer provide health insurance coverage to part time workers after April 1, 2014.

  • Target cutting 475 positions, eliminating 700 open ones

    New York -- Target Corp. is cutting 475 positions globally, and also will not fill 700 positions that are open worldwide.

    “We believe these decisions, while difficult, are the right actions as we continue to focus on transforming our business,” Molly Snyder, a Target spokeswoman, said in an e-mailed statement, as reported by Reuters. “We will continue to invest in key business areas to strengthen our ability to compete and thrive well into the future.”

    No specific details were given on the job cuts. 

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