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  • Comps fall for Bebe Stores in Q2

    Traffic and conversion troubles led to a same store sales decrease for fashion retailer Bebe in the second quarter.

    For the period ended Jan. 2, net sales decreased 5% to $122.4 million, as compared to $128.9 million in the second quarter of fiscal 2015. The net sales decrease was primarily driven by a comp decrease and store closures. Same store sales decreased 2.5% compared to an increase of 8% in the same period of the prior year. Traffic and conversion declined while average unit retail was flat.

  • Bebe reports Q2 loss as comps fall

    Traffic and conversion troubles led to a disappointing performance by fashion retailer Bebe Stores in the second quarter. For the period ended Jan. 2, the company reported a loss of $5.5 million.

  • Whole Foods’ new 365 format to anchor Butler Town Center

    Whole Foods Market’s 365 store concept is the first anchor to be announced for Butler Town Center, in Gainesville, Florida. It is also the first 365 location to be announced for the state of Florida.

  • Veteran CPG executive joins BJ’s board

    The former head of global health and well-being at Procter & Gamble is the newest member of the board of directors at BJ’s Wholesale Club.
     

  • Jos. A Bank turns in troubling Q4 performance for Tailored Brands

    Tailored Brands, formerly Men’s Wearhouse, vowed more changes after its Jos. A Bank division logged a 31.9% decline in same-store sales.

  • Target names new HR chief

    Bold, curious and accountable is the future Target’s new chief human resources officer said she looks forward to helping create.

    Eleven year Target veteran Stephanie Lundquist was elevated to the role of executive VP and chief human resources officer, arguably one of the most important positions in a company with nearly 350,000 employees and 1,800 stores.

  • Report: Whole Foods mulls adding tattoo parlors

    Whole Foods shoppers looking for organic kale smoothies and non-GMO dog food could soon also get a tattoo while in-store.

    According to a report from Bloomberg, Whole Foods CEO Walter Robb  says his company’s new 365 chain is going to try some tactics outside of the conventional grocery-store playbook, including setting up tattoo parlors in the stores.

    Read more about the company's plans by clicking here.

  • Kohl’s eliminates three senior exec positions

    Several published reports are indicating that Kohl’s has eliminated three senior level leadership positions.

    Kohl’s has reportedly eliminated the positions of chief digital officer, senior vice president of store environment and development, and senior vice president of communications and public relations. Retailing Today was unable to independently confirm the jobs cuts or the identify of executives involved. Kohl’s representatives were unavailable for comment.

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