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Corporate Governance

  • Twistee Treat sees improved hiring with JobOn video recruiting

    Orlando, Fla. – Store expansion is a wonderful thing, but effectively keeping up with recruiting and hiring the employees who staff new stores is not always easy. Twistee Treat, a rapidly growing, 15-store specialty ice cream retailer, is using video HR technology from JobOn to facilitate hiring and recruiting at remote locations.

  • Tech Guest Viewpoint: Poor Mobile Performance Can Mean Missing Out

    By Carin van Vuuren, Usablenet

    If there was ever any doubt of mobile’s essential role to retail success, the most recent holiday shopping season should put that to bed. Last year, more than 40% of all Cyber Monday sales came from mobile devices. In fact, Amazon stated that almost 60% of its customers shopped via mobile during the 2014 holiday season, with total U.S. sales from its app doubling from 2013.

  • Online retailer Nasty Gal opens second store

    Santa Monica, Calif. -- Online fashion fave Nasty Gal has opened its second brick-and-mortar location, on Third Street Promenade in Santa Monica, California. At 6,500 sq. ft., the new store is nearly triple the size of the retailer’s first location, on Melrose Ave. in Los Angeles, and is filled with neon accents and kitschy-but-hip accents.

  • Bloomingdale’s to open in new center in Norwalk, Conn., in 2018

    Cincinnati -- Macy’s announced that Bloomingdale’s plans to open a 150,000-sq.-ft., three-level location in fall 2018 in an all-new shopping, dining and entertainment center being developed in Norwalk, Connecticut, by General Growth Properties.

    “This spectacular new shopping center will be a distinctive and upscale destination for Fairfield County and surrounding areas, prominently positioned at I-95 and Highway 7,” said Tony Spring, chairman and CEO of Bloomingdale’s.

  • Conn’s Q4 profit plunges 44%; exploring sale of loan portfolio

    The Woodlands, Texas -- Conn’s Inc. on Tuesday reported a bigger-than-expected 44% decrease in its fourth-quarter profit amid ongoing problems with its credit-financing business. The retailer said it is exploring a sale of all or a portion of its loan portfolio and will stop selling video game products, digital cameras and certain tablets. It also said it remains on track to open 15 to 18 stores this year.

    For the fourth quarter ended Jan. 31, Conn’s reported a profit of $15.5 million, down from $27.7 million in the year-ago period.

  • Study: U.S. has fastest e-commerce growth rate in North America and Europe

    Austin, Texas -- The United States continues to lead e-commerce among the most Internet-friendly markets surveyed in North America and Europe, according to an international study commissioned by RetailMeNot.

  • Torrid opening Chicago flagship; on track to open 60 stores in 2015

    Chicago -- Torrid, the edgy plus-sized apparel division of Hot Topic, will open a flagship on State Street in Chicago, on April 8. It’s part of 60 stores the retailer is planning to open across the country this year.

    The 3,000-sq.-ft. store, located in The Loop, Chicago's historic shopping district, will be Torrid's tenth store in the Windy City.

  • Ahold USA expands energy conservation efforts with Bluestone Energy Services

    Norwell, Mass. -- Bluestone Energy Services and Ahold USA are increasing their energy conservation initiative in 2015 by expanding the reach of projects to touch stores in all regions and to increase the energy savings in new projects while also continuing to improve the efficiency of existing projects.

  • Report: Kingfisher to shutter 60 B&Q stores in United Kingdom

    New York -- Europe's largest home improvement retailer, Kingfisher, plans to close about 60 underperforming B&Q stores in Britain amid a 7.5% decrease in annual profit, Reuters reported.

    Currently, B&Q operates some 360 stores.

    In other news, Kevin O'Byrne, CEO for B&Q U.K. and Ireland, will leave the company on May 15, the report said.

  • SKY2BUY is the new mall in the sky

    Airline passengers mourning the loss of in-flight catalog SkyMall may soon find a familiar sight in their seat pockets.

    Scott Jordan, CEO and founder of multi-pocket travel clothing company SCOTTeVEST, intends to fill the vacuum created by SkyMall's loss with a new in-flight shopping experience: SKY2BUY. It will be in planes in test markets around the United States in June or July of this year.

    "This summer, fly with SKY2BUY, your new mall in the sky," Jordan said.

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