-
Jones Group to close under-performing stores
NEW YORK — The Jones Group Inc. plans to close 170 under-performing stores in the U.S. by mid-2014 as part of its efforts to shore up profitability.
The stores identified for closure include 50 units previously announced in the fourth quarter.
Jones, which owns the Nine West, Jones New York and Anne Klein banners among others, will emerge from the restructuring with a higher percentage of outlet stores in its portfolio, and some units will be converted to more viable sister banners.
-
Hershey makes senior leadership changes
The Hershey Company announced a series of personnel moves it said would help accelerate global growth.
Executives involved in the changes which take effect May 13 include Humberto Alfonso, David Tacka, Michele Buck, E. Daniel Vucovich, D. Michael Wege and Waheed Zaman