Strategy

CBL taps Alan Lebovitz for key management role
CBL has named Alan Lebovitz senior VP of management to succeed Jerry Sink, who has retired after a 25-year career at the company. Lebovitz will oversee the staff and operations at the company’s 123 properties, a responsibility that encompasses some 300 employees and 77 million sq. ft. of retail.
Former Target merchandising exec joins specialty coffee retailer
A Target veteran has joined the leadership team of Caribou Coffee. John Butcher, who most recently served as senior VP merchandising: beauty and DermStore, has been tapped as president of Caribou Coffee. Butcher joined Target in 1997, working his way up through the ranks serving in various operations and merchandising roles, including serving as VP and general merchandise manager, electronics.

Online plus-size retailer has ambitious plans for brick-and-mortar

Eloquii is making the leap to physical retailing — with more than one location. The plus-size fashion brand is set to open a store at The Fashion Centre at Pentagon City, Arlington, Va., followed by a location in downtown Chicago, and one at Easton Town Center, in Columbus, Ohio, which will open in September, reported The Columbus Dispatch.
Specialty denim retailer files for Chapter 11

Premium denim brand True Religion Apparel Inc. has struck a deal to erase $350 million of its debt. The company announced Wednesday that it has filed for Chapter 11 bankruptcy protection and signed a restructuring agreement with the majority of its lenders, including private equity owner TowerBrook Capital Partners. It listed assets and liabilities in the range of $100 million to $500 million.
Amazon gains huge foothold in Middle East

Amazon has completed its acquisition of e-commerce company souq.com, a leader in the Middle East's online shopping market. The deal, which was initially announced in March, closed for $580 million in cash, according to filings with the United States Securities and Exchange Commission.
Target's CMO talks brands

Mark Tritton, Target’s executive VP and chief merchandising officer, discussed the retailer's new exclusive brands in a posting on the company's corporate website. Here are some key excerpts: What’s the inspiration behind these new brands?
Target to debut four new brands

Target Corp. is doubling down on its efforts to distinguish itself with exclusive brands and to be a leader in two key categories. The discounter revealed in a posting on its web site that it will launch three new apparel brands and one new home goods brand in its stores and online this fall.
Tech Bytes: Four tips to compete on Prime Day

Amazon has brought the saying, “Christmas in July” to life with its Prime Day global shopping extravaganza and this year's event promises to be bigger than ever.
Survey Reveals Retailers Ready for Smart Building Solutions
Private equity fund acquires specialty retailer

West Marine Inc. is going private. The retailer of boating gear, apparel and other waterlife-related products has agreed to be acquired by New York-based Monomoy Capital Partners for $12.97 per share. The deal has a total equity value of $338 million. Following the close of the deal, West Marine will continue to be operated independently by the company's management team.

CBL taps Alan Lebovitz for key management role

Former Target merchandising exec joins specialty coffee retailer

Online plus-size retailer has ambitious plans for brick-and-mortar

Specialty denim retailer files for Chapter 11

Amazon gains huge foothold in Middle East

Target's CMO talks brands

Target to debut four new brands

Tech Bytes: Four tips to compete on Prime Day

Survey Reveals Retailers Ready for Smart Building Solutions

Private equity fund acquires specialty retailer