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Corporate Governance

  • Robots, coming to a store near you

    Yes, it’s official. The robotics revolution is coming to retail, as it is in many industries. I know robots roaming store aisles probably still sounds like something from “Back to the Future,” however, within a decade, I’m confident they will be such a normal part of the store experience we will find it hard to imagine life without them.  

  • Accenture launches new customer innovation center

    Accenture is taking on its next innovation initiative.   The company announced on Wednesday, May 31, that it opened an innovation hub dedicated to the retail, fashion and consumer goods industries. The Accenture Customer Innovation Network (ACIN), which resides in Milan, Italy, bolsters the company’s existing fleet of innovation facilities in Bangalore, Chicago, Manila and Singapore.  

  • J.Jill’s comp sales soar in Q1

    Despite a challenging retail landscape, J.Jill’s same-store sales growth and profits not only climbed, but topped analyst expectations.   For the first quarter ended April 29, the mall-based women’s specialty chain’s overall revenue increased 12.5% to $166.1 million — a jump from $147.7 million in the first quarter of fiscal 2016. This also beat analyst estimates at $162 million.  

  • Dunkin’ Brands names new finance chief

    The parent company of Dunkin' Donuts and Baskin-Robbins has ended its hunt for a new chief financial officer.    Following a comprehensive search for a permanent CFO, Dunkin’ Brands has promoted Kate Jaspon to the position, effective June 5, 2017. Jaspon was appointed the company’s interim CFO when Paul Carbone left the position in April to become COO at a specialty retail chain. She will report directly to Dunkin' Brands' CEO Nigel Travis.  

  • Home furnishings retailer confirms new CEO

    It's official: Crate and Barrel has confirmed that CEO Doug Diemoz has left the company.   Crate and Barrel announced Tuesday that board chair Neela Montgomery will become the new chief executive, effective August 1. In the interim, Montgomery will continue in her current position, working closely with Crate and Barrel president and chief merchant Steve 'Woody' Woodward, and COO Mike Relich.  

  • Retailers in control at RECon

    For retail professionals, the International Council of Shopping Centers’ Spring RECon Convention in Las Vegas is the highlight of the year. There’s always so much to take in, and every year comes with its singular storylines. Here were some of the more dramatic ones at play convention floor:   Food-focused foot traffic

  • Office supply giant shakes up leadership team

    Beefing up its digital officer’s responsibilities is one of many changes that Office Depot has made in its leadership team.   Kevin Moffitt was named chief digital officer. This new role, which builds off of his current position as senior VP, e-commerce, will focus on all of the company’s digital-related activities. He will be responsible for transforming Office Depot’s digital platforms, driving digital strategy and innovation and accelerating the company’s online and mobile growth.  

  • Bankrupt footwear retailer may close more stores

    Payless ShoeSource is seeking bankruptcy court approval to close more stores.   The chain, which filed for Chapter 11 bankruptcy protection at the beginning of April, may close up to 408 more stores, according to the Chicago Tribune. Payless had originally said it planned to shutter nearly 400 underperforming locations.   
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