Strategy

New York -- Global Brands Group has named former Ann Taylor and May Company executive Adrienne Lazarus as CEO of The Frye Company, one of the holding company’s premier brands.

With retailers and CPG companies continuing to struggle with in-store execution issues like on-shelf availability, inventory and promotions, leading supply chain analytics and insights provider Orchestro asked industry thought leaders to weigh in on the three key questions.

Go to the Orchestro article by clicking here.

Washington, D.C. -- The National Retail Federation is  NRF is hosting a night of shopping in the nation’s capital to honor retail’s entrepreneurial spirit.

The National Retail Federation’s “Retail’s Night Out” will be a celebration of Small Business Week with local merchants and national brands set up in one-night-only pop-up shops in Washington, D.C., on May 6. The event will also feature live music, local food trucks and a red carpet.

Global Brands Group named former Ann Taylor and May Company executive Adrienne Lazarus as CEO of The Frye Company, one of the holding company’s premier controlled brands and what Lazarus contends could become an American global lifestyle brand.

The company said the appointment of a veteran retailer such as Lazarus reflects a strategic focus on the 150 year old brand.

Whole Foods Market set another sales record in the second quarter – but that’s not enough for the grocery chain, which announced it is launching a new store concept targeted to the Millennial shopper.

Toronto -- Canadian Tire Corp. has concluded an agreement to acquire 12 real estate leases formerly held by Target Canada for $17.7 million. The transaction is subject to the approval of the court in connection with Target Canada's CCAA proceedings.

London -- Retailers worldwide lose a staggering $1.75 trillion annually due to the cost of overstocks, out-of-stocks and needless returns, according to new research from retail analyst firm IHL Group, commissioned by OrderDynamics.

The fashions and style of the American West are apparently resonating with shoppers of the Sundance Catalog, as the company is gearing up for big retail expansion.