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Marketing

  • It’s official: Pet supplies giant acquires fast-growing online rival

    PetSmart has been setting the stage to accelerate its digital offerings. Now it can.  

  • Gifting retailer sells luxury sweets line, but keeps brand connection

    1-800-Flowers.com has officially sold its premium chocolates business.   The gifting retailer closed on the sale of Fannie May Confections Brands — including its subsidiaries Fannie May Confections and Harry London Candies — to Ferrero International on Tuesday, May 30. The deal, which is valued at $115.0 million, entitles Ferrero to all operations of Fannie May, the confectioner’s manufacturing facility in Ohio, and two warehouse and distribution facilities, located in Ohio and Illinois.  

  • J.Jill’s comp sales soar in Q1

    Despite a challenging retail landscape, J.Jill’s same-store sales growth and profits not only climbed, but topped analyst expectations.   For the first quarter ended April 29, the mall-based women’s specialty chain’s overall revenue increased 12.5% to $166.1 million — a jump from $147.7 million in the first quarter of fiscal 2016. This also beat analyst estimates at $162 million.  

  • Michael Kors plans store closures as loss widens

    In effort to dig out of its sales funk and rebuild its brand, Michael Kors plans to shutter more than 100 full-price stores.  

  • Dunkin’ Brands names new finance chief

    The parent company of Dunkin' Donuts and Baskin-Robbins has ended its hunt for a new chief financial officer.    Following a comprehensive search for a permanent CFO, Dunkin’ Brands has promoted Kate Jaspon to the position, effective June 5, 2017. Jaspon was appointed the company’s interim CFO when Paul Carbone left the position in April to become COO at a specialty retail chain. She will report directly to Dunkin' Brands' CEO Nigel Travis.  

  • BJ's adds former Belk and Dick's Sporting Goods execs to its leadership team

    BJ's Wholesale Club has tapped two experienced retailers to drive its digital innovation and omnichannel strategy.    BJ's announced that Scott Kessler has been named executive VP, CIO, effective immediately. He succeeds Peter Amalfi, who plans to retire later this year.  

  • Office supply giant shakes up leadership team

    Beefing up its digital officer’s responsibilities is one of many changes that Office Depot has made in its leadership team.   Kevin Moffitt was named chief digital officer. This new role, which builds off of his current position as senior VP, e-commerce, will focus on all of the company’s digital-related activities. He will be responsible for transforming Office Depot’s digital platforms, driving digital strategy and innovation and accelerating the company’s online and mobile growth.  

  • Home furnishings retailer confirms new CEO

    It's official: Crate and Barrel has confirmed that CEO Doug Diemoz has left the company.   Crate and Barrel announced Tuesday that board chair Neela Montgomery will become the new chief executive, effective August 1. In the interim, Montgomery will continue in her current position, working closely with Crate and Barrel president and chief merchant Steve 'Woody' Woodward, and COO Mike Relich.  
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