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Strategy

  • Vineyard Vines to open NYC flagship as part of ongoing retail expansion

    A brand best known for its whimsical neckties and smiling pink whale logo is opening a flagship in the Big Apple.

    Vineyard Vines will open a 6,000-sq.-st. store in Grand Central Station. The company is also slated to open stores at Somerset Collection, Troy, Michigan, in early May, at Hyde Park in Tampa, Florida, in August, and at Stanford Town Center in mid-March and The Village of Corte Madera in mid-June (with the latter two locations in California).

  • Here's one reason why L Brands is hot

    Retailers of women’s intimiate apparel are poised to benefit from a shift in how millennials approach the bra-buying process.

    According to the 2015 Bra Journey Insights report from global information company the NPD Group, the way millennial women shop for and select bras differs significantly from the behavior of older generations.

  • Amazon increases free shipping minimum to $49

    Amazon hasquietlyraised its minimum free shipping for non-Prime members from $35 to $49, according to anupdateon the company's website.

  • Another industry vet bids Kroger adieu

    After 44 years with Kroger, Smith’s division president Jay Cummins announced plans to retire.

    Cummins joined the company in 1972 as a clerk. His retirement will take effect April 29, the company said. A replacement to lead the 139 unit Salt Lake City-based division was not immediately named.

  • Everybody loves Ollie’s, offer size increased

    Demand for shares of Ollie’s Bargain Outlet is such that the retailer has increased the size of a secondary offering.

  • Executive shake-ups, lay-offs at Bebe

    Bebe stores has brought back its founder and former CEO to lead a turnaround effort that includes a 15% reduction in its corporate workforce.

    The troubled retailer announced that founder Manny Mashouf has rejoined its management team as CEO, replacing Jim Wiggett, who was hired less than two years ago. Mashouf previously served as CEO from the company’s founding in 1976 to 2004, and then again from 2009 until the beginning of 2013, when he stepped down and became non-executive chairman.

  • COO at Cabela's is stepping down

    One of the senior executives at Cabela’s is transitioning to an advisory role within the company.

    The sporting goods retailer announced that Michael Copeland, executive VP/COO, has decided to transition from his current position to a strategic advisory role. The transition will take place over the next month.

    Copeland joined Cabela’s in November 2007 as VP of retail operations. Since January 2010 he has served as Cabela’s COO.

  • Inland Real Estate Acquisition announces promotions

    Photo: Matthew Tice (left) and Mark Cosenza (right)

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