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Corporate Governance

  • J.C. Penney taps consumer marketing exec as CMO

    Plano, Texas -- J.C. Penney Company has named consumer marketing executive and board member Mary Beth West as executive VP and chief customer and marketing officer, effective June 1. She replaces Debra Berman, who resigned as CMO after less than two years with the retailer.  West will be stepping down from the board to assume the new role.

  • Lumber Liquidators reports Q1 loss, faces criminal charges

    Toano, Va. -- Lumber Liquidators Holdings reported a first-quarter loss of $7.8 million, swinging from a profit of $13.7 million in the year-ago period and missing Wall Street expectations. Revenue of $260 million in the period met analysts’ forecasts.

  • NRF backs 'patent troll' legislation

    The National Retail Federation issued a statement Wednesday supporting patent reform legislation seeking to protect retailers and other businesses from overly litigious patent trolls.

  • Roche Bros. opens Boston flagship

    Wellesley, Mass. - Regional grocery chain has opened its flagship Downtown Crossing Boston supermarket in the newly restored Burnham Building. Roche Bros. is the first large-scale grocery store to be built in Boston's Downtown Crossing.

  • Angels are heavenly marketing for Victoria's Secret

    While other retailers try to hone their social media and omnichannel skills, Victoria's Secret is creating excitement once again the way it knows best: by announcing a new team of crystal-decorated, 6-inch-heel wearing models.

  • J.C. Penney expands in-store Sephora partnership

    Plano, Texas – J.C. Penney Co. Inc. is expanding its in-store partnership with Sephora. Starting May 1, Penney will introduce Sephora to 25 additional stores, enabling the global beauty retailer to enter new and smaller markets, while expanding Penney’s reach as a destination for beauty.

    Since the exclusive partnership launched in 2006, more than 500 Penney stores now feature a full-service Sephora offering.

  • Foot Locker to reboot New York flagship

    New York – Foot Locker Inc. is rebooting its New York flagship store. The sporting goods chain has signed a new retail lease with landlord Empire State Realty Trust Inc. (ESRT) to retain its flagship location on West 34th Street.

  • Smart & Final to open 16 new stores

    Smart & Final Stores Inc. credited strong merchandising and marketing initiatives with the retailer's impressive jump in same store sales for the first quarter.

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