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Corporate Governance

  • Combatant Gentlemen

    Online brand enters brick-and-mortar space with style

    Online menswear retailer Combatant Gentlemen has made the leap to brick-and-mortar with a sleek, streamlined space that speaks to its millennial audience.

    It opened its first permanent retail store in July, at Santa Monica Place, Santa Monica, Calif., having previously opened pop-up shops in New York City and Los Angeles, and a showroom at its headquarters in Irvine, Calif. At 2,220 sq.

  • Commentary: The false fight over job loss

    Let’s talk about pizza, shall we? A truly historic and transformative moment occurred in Cincinnati, Ohio early this month that changes the way college students can satisfy their late night munchies. Xavier University installed the nation’s first Pizza ATM. It’s open 24 hours a day, seven days a week and serves up fresh, restaurant-quality pizza cooked in minutes. The school’s dining service announced the occasion with a Tweet that reads, “One small step for pepperoni, one giant leap for pizzakind.”  

  • Perfumania names new COO

    Perfumania Holdings announced the appointment of Neal Montany as COO of the company, effective Aug. 29.   Montany will oversee the fragrance and beauty retailer’s operations, including IT, manufacturing, warehousing and facilities, logistics, loss prevention, purchasing and human resources.    

  • Commentary: Showcase at Sears?

    Retail consultants McMillan Doolittle offered the following commentary regarding Sears’ plans to upgrade its apparel offerings with in-store shops dedicated to global brands new to the U.S. market.   

  • Sporting goods retailer expands New York footprint

    Modell’s Sporting Goods will open two stores in the New York metro area on August 25, bringing its total store count to 156 locations.     The openings include Modell’s 11th location in Brooklyn, and a store in in Mount Kisco.    Both locations will feature a wide selection of top brands such as Nike, Under Armour, Adidas, Reebok, Spalding and more.

  • Express tumbles in Q2

    Express Inc. cut its annual profit forecast as the chain struggled with declining sales and weak store traffic in its second quarter.   The retailer reported net income of $10.1 million for the quarter ended July 30, short of Wall Street expectations, down from $21 million, in the year-ago period.   Revenue fell 6% to $504.8 million, also below Street forecasts. Same-store sales, which include online sales, fell 8%, which was worse than analysts expected.  

  • Kantar Retail makes holiday sales prediction

    Retailers can expect a slight rise in holiday sales this year compared to last — fueled largely by the online channel.   That’s according to Kantar Retail, which released the industry’s first 2016 holiday sales forecast. It projects growth of 3.8% for the fourth quarter, a slight increase over the 3.4% growth in the year-ago period.     

  • Williams-Sonoma not feeling too bullish

    Williams-Sonoma Inc. reported mixed results for the second quarter, and issued a weak outlook for the current quarter amid "a more cautious consumer.”   The retailer reported net earnings of $51.8 million for the quarter ended July 31, compared with $53.7 million in the year-ago period.   Net revenues increased 2.1% to $1.16 billion, short of expectations, up from $1.13 billion last year.   
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