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  • Neiman Marcus to open its first Manhattan store, at Hudson Yards

    New York -- The department store wars are sure to heat up in Manhattan with the announcement that Neiman Marcus is coming to the Big Apple. The luxury retailer will open its first-ever location in Manhattan, in 2018. The 250,000-sq.-ft. three-level store will help anchor the new Hudson Yards development, a multi-use project located on the city's West Side, between 30th and 34th Streets.

  • Amazon taps new CFO

    Amazon has confirmed that SVP and CFO Thomas J. Szkutak plans to retire from the company in June 2015. Succeeding him will be Brian T. Olsavsky, VP of finance for the company’s global consumer business, reporting to founder and CEO Jeffrey P. Bezos.

    Szkutak has been Amazon’s CFO since joining the company in October 2002 and oversees the controller, treasury, investor relations, tax, internal audit and facilities functions as well as financial management of the company’s business units.

  • Wet Seal CEO resigns; former chief exec returns to helm

    Foothill Ranch, Calif. – In a regulatory filing with the Securities and Exchange Commission, Wet Seal Inc. said John D. Goodman has resigned as CEO, effective Aug. 26.

  • CEO of QVC U.S. operations resigns

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  • Wet Seal picks familiar face as new CEO

    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 herself ousted after 11 months amid declining sales.

  • Trans World Entertainment names Vanity Stores chief as CEO

    Albany, N.Y. - Trans World Entertainment Corp., owner of the FYE music and video chain, named Michael Feurer as CEO. Feurer, who succeeds longtime Trans World leader and founder Robert J. Higgens, most recently served as CEO and president of Vanity Stores. Higgins announced in March he was retiring.

  • QVC to optimize long-term management structure

    QVC’s Claire Watts has resigned from her role as CEO of U.S. operations, effective Friday, Sept. 5, to pursue other opportunities.

  • ModCloth study: Women misrepresented in fashion industry

    San Francisco -- Over two-thirds (68%) of women are more likely to buy from a company that uses models of varying sizes, according to a new study by online fashion retailer ModCloth. And only 13% of women agree that "real women" are accurately portrayed in the fashion industry.

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