J.C. Penney Q2 misses as loss widens and CEO hunt continuesJ.C. Penney widened its loss in the second quarter amid markdowns related to inventory issues and its ongoing search for a chief executive. Sears CEO makes a bid for Kenmore brand, home improvement businessESL Investments, the hedge fund run by Sears Holdings Corp. chairman and CEO Eddie Lampert, has made a formal offer for one of the company’s signature brands. Gap introduces new hiring strategy for entry-level employees Gap Inc. has a new plan to fill entry-level jobs at its stores around the globe. Destination Maternity looking for a new CFO Destination Maternity Corp. has begun the hunt for a new finance head. Walmart adds a mega-facility to its distribution network A discount giant is opening a new distribution center in “the heart of Dixie.” Apparel/footwear powerhouse to split into two companies; relocate HQ VF Corp. is spinning off its denim business as it continues to focus on its active lifestyle brands such as Timberland. Regulatory Wrap-Up: Weekly recap of retail-related judicial and legislative developments-Aug. 13 H&M class-action wage lawsuit in the spotlight. Restoration Hardware names new finance chief The CFO of RH (formerly Restoration Hardware) is stepping down. All eyes on founder amid Barnes & Noble’s struggles With Barnes & Noble once again searching for a new CEO (having recently fired its fourth in five years), founder and chairman Leonard Riggio is feeling the heat. Toys “R” Us settlement wins court approval The long, drawn-out saga of Toys “R” Us is nearing an end. First Previous 323 324 325 326 327 Next Last
