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  • CBRE announces executive appointments

    Los Angeles -- CBRE Group said it has named Cal Frese as CEO of the company’s Americas business. In this role, Frese has responsibility for leading CBRE’s largest business segment, with more than $3 billion of annual revenue and more than 20,000 employees.

  • J.C. Penney to change pricing structure again

    Plano, Texas -- J.C. Penney said Thursday it is once again tweaking its pricing structure, changing course just six months after introducing a three-tiered everyday pricing strategy.

  • Fifth & Pacific narrows Q2 loss

    New York -- Fifth and Pacific Cos. reported Thursday that it narrowed its loss in the second quarter to $52.1 million, compared with a loss of $89.9 million in the same period last year.  Results, which beat Wall Street expectations, were boosted by strong sales from the Kate Spade and Lucky Brand banners.

    The company that was formerly known as Liz Claiborne Inc. saw net sales fall 6.5% to $336.9 million in the quarter, which still beat analysts’ forecasted $330.8 million.

  • Shopko steps up branding efforts with new marketing hire

    GREEN BAY, Wis. — Shopko has hired a long-time retail marketing executive, with extensive experience in the beauty and apparel sectors, to help develop the Shopko brand as it moves forward with the conversion of its newly acquired Pamida stores to the Shopko Hometown format.

  • Cabela's delivers strong revenue growth in Q2

    SIDNEY, Neb. — Revenues rose 11.6% to $627.3 million at Cabela's during its second quarter, consisting of a 16.9% increase in store revenue, a 0.7% decrease in direct revenue and a 12.8% increase in financial services revenue. Same-store sales rose 4.7%.

    Net income for the quarterr increased to $33.9 million compared with $21.7 million and earnings per diluted share were 47 cents compared with 31 cents, each compared with the year ago quarter.

  • Shoppers loading up at Whole Foods

    The economic recovery may be on an uneven track, but consumers are still willing to spend money – at Whole Foods Market especially.

  • Kate Hudson continues as face of Ann Taylor

    NEW YORK — Actress Kate Hudson will serve as the face of Ann Taylor for the third consecutive season.

    "We are thrilled to continue our collaboration with Kate – someone who leads a full life and who captures the spirit of the Ann Taylor woman. She truly represents our continued commitment to celebrating women of substance and style," said Brian Lynch, brand president of the Ann Taylor division of Ann Inc.

  • UPS Store names new president

    SAN DIEGO — UPS has named Tim Davis president of The UPS Store franchise network.

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