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  • Dover Saddlery makes exec appointment

    Littleton, Mass. -- Dover Saddlery, a multichannel retailer of equestrian products, announced the hiring of James Cullen to the newly created position of executive VP.

    Cullen has over twenty five years of leadership experience in operations, finance and marketing, with particular expertise in the retail and distribution sectors including most recently, among others, Bakers Footwear Inc., and Reeds Jeweler, Inc.

     

  • Kid Brands edits executive legal team

    EAST RUTHERFORD, N.J. — Kid Brands, Inc. has appointed Jodie Simon Friedman as the company’s VP, general counsel and corporate secretary. She replaces Marc Goldfarb, who resigned his position as general counsel and corporate secretary to pursue other opportunities. 

    Goldfarb has agreed to remain available to the company as a consultant providing legal services.

  • Kohl's Q2 profit dips 4%, meets Street

    Menomonee Falls, Wis. -- Kohl’s Corp. reported that profit for the quarter ended Aug. 3 fell 4% to $231 million, compared with $240 million in the year-ago period. Results were impacted by rising costs, but still met Wall Street expectations.

    Sales edged up 2% to $4.29 billion from $4.21 billion in the period, and matched analysts’ expectations. Same-store sales rose 0.9%, missing Wall Street’s estimated 1.1% rise.

  • Tuesday Morning says goodnight to e-commerce

    Dallas -- Tuesday Morning Corp. is ceasing e-commerce operations to focus on providing in-store assortments. A statement on the retailer’s website says that due to the nature of its closeout business, it will no longer sell items online but instead focus on the quality and price of assortments in its stores.

  • Billionaire investor ups his stake in J.C. Penney

    As the turmoil with hedge fund manager Bill Ackman winds down at J.C. Penney, another of the company’s investors is making headlines. This time it’s George Soros, who according to regulatory filings, has added two million shares to his current 19.98 million in Penney holdings.

    This latest venture makes Soros Fund Management Penney’s second-largest investor — behind Ackman.

  • Q2 comp-store sales rise at Kohl's, but miss Wall Street estimates

    MENOMONEE FALLS, Wis. — Kohl’s continues to focus on funding its e-commerce growth following results for the second quarter ended August 3. 

  • H.H. Gregg opens new Indiana store

    Indianapolis – H.H. Gregg is opening a new store in Bloomington, Ind. on Aug. 15. The new location at 240 North Gates Street will replace the previous location at 606 West Gourley Pike.

  • Hollister launches new online product with Keds

    New Albany, Ohio -- Hollister Co. is partnering with Keds to release an exclusive line that features signature Hollister patterns on Keds sneakers. Beginning Aug. 15, the exclusive Hollister + Keds sneakers will be available only at HollisterCo.com, but customers can view a display inside Hollister stores to see the new patterns.

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