Strategy

Outdoor apparel, equipment and footwear supplier The North Face has made key leadership and organizational changes to its sales agency partnerships.

Melville, N.Y. - Global Facility Management & Construction is naming two new members of its management team. Bruce Wollmuth has been named construction manager, leading a team of construction project managers.

Kohl’s joins a growing list of retailers whose first-quarter results took a hit from a severe and extended winter. Despite missing estimates, the company is staying firm on its guidance for the full fiscal year.

Menomonee Falls, Wis. -- Kohl’s Corp. missed Wall Street expectations for profits, revenue and same-store sales during a difficult first quarter. Net income, which had been expected to rise slightly, fell 15% to $125 million, from $147 million.

In addition, net sales declined 3% to $4.07 billion from $4.2 billion, while analysts had expected them to rise to $4.22 billion. Same-store sales, also expected to increase, fell 3.4%.

Phoenix -- PetSmart has partnered with the City of Detroit and the non-profit community organization Detroit Dog Park to open a portable, pop-up dog park to a vacant lot in Detroit.

Things took a wacky turn in the retail world this week as JCPenney reported a 6.2% same store sales increase and a huge gross margin expansion while Macy’s, Kohl’s and Walmart stumbled.

La Paz, Bolivia - Bolivian drugstore chain FarmaCorp S.A., has entered into a five-year agreement for Revionics Price Optimization with Revionics Inc. FarmaCorp was searching for a price optimization solution and a partner that would help analyze customer demand and shopping preferences.

New York – A user-centric approach is the best way to enhance trust, transparency and privacy in personal data usage. In conjunction with A.T. Kearney, the World Economic Forum has released three reports as part of its Rethinking Personal Data initiative.