Skip to main content

Consumer Affairs & Relations

  • American Apparel taps turnaround consultant as interim CEO; names new CFO

    Los Angeles -- In its latest management shakeup, American Apparel has named Scott Brubaker as interim CEO, effective immediately. He replaces John Luttrell, who is resigning. Luttrell took the reins of the troubled company in June after the board removed controversial founder Dov Charney from the top spot for alleged misconduct. He also served as CFO.

    Brubaker, 43, is a managing director at consulting/turnaround firm Alvarez & Marsal, and has handled interim leadership jobs for specialty retailers, including Eddie Bauer, in the past.

  • Ross Dress for Less opens new California store Oct. 11

    Dublin, Calif. - Ross Dress for Less will open a new store in Hawthorne, California, in Los Angeles County, on Oct. 11. The store is located in the Hawthorne Town Plaza.

    This new opening is part of the retailer’s 2014 expansion program, totaling approximately 75 new locations during the year.

     

  • Leadership shakeup at American Apparel

    American Apparel has appointed Scott Brubaker as interim CEO and Hassan Natha as EVP and CFO, effective immediately, following John Luttrell’s resignation from the company. Luttrell had been serving as interim CEO and CFO.

  • Report: Standard General in talks with RadioShack to improve retailer’s liquidity

    New York -- Standard General LP is in talks to improve RadioShack’s cash position in advance of the holiday season, Reuters reported. The hedge fund said it was in talks with the struggling retailer to buy the company's loans and other commitments under its asset-backed credit facility.

    Standard General has also raised its stake in RadioShack to 9.8% from 7.08%. It is now the retailer’s largest shareholder.

  • Report: U.K. retailers seek more antitrust damages from MasterCard

    London – A group of U.K. retailers led by W.M. Morrison Supermarkets plc is reportedly seeking to extend the time period for which it can claim antitrust damages against MasterCard from 2006 to 1992. According to Bloomberg, this could add as much as $1.6 billion to the damages the retailers are seeking.

  • Unclaimed Gift Card Balances

    Litigation in Delaware could disrupt how retailers manage programs

  • Pep Boys seeks CEO

    The Pep Boys president, CEO and director Mike Odell has resigned. Director John Sweetwood has been named interim CEO, effective immediately.

    Sweetwood has served on Pep Boys’ board of directors since 2002 and is currently the president of Woods Investment, LLC, a private real estate investment firm. Sweetwood is the former president of the Americas Six Continents Hotels (currently Intercontinental Hotel Group), which operates hotels under the InterContinental, Crown Plaza, Holiday Inn and other brands.

  • The Sleepless CFO

    Broadening responsibilities at a business brings with it an exponential increase in worries. And retail is no exception.

X
This ad will auto-close in 10 seconds