Skip to main content

Corporate Governance

  • Dressbarn taps new merchandising chief

    Ascena Retail Group has appointed Judith Langley as EVP and chief merchandising officer of Dressbarn.

    “Judi is an outstanding merchant with deep specialty and large retail format experience. She will play a key role in the evolution of the Dressbarn brand and we are delighted to have her joining the team,” said David Jaffe, president and CEO of Ascena Retail Group.

  • P&G Beauty & Grooming Awards to be hosted by actress Christina Hendricks

    Procter & Gamble Canada has announced that Emmy-nominated actress Christina Hendricks will host the fifth annual P&G Beauty & Grooming Awards Dec. 2.

    Best known for her portrayal of “Joan Holloway” on AMC’s series “Mad Men,” the former model will grace the stage as P&G celebrates the best Canadian editorial and creative talent in beauty, fashion and grooming. Hendricks joins Nia Vardalos, Queen Latifah, Kim Cattrall and Rob Lowe who have served as previous hosts.

  • Barnes & Noble’s novel approach to Black Friday

    Games, giveaways, book signings and personalized recommendations will be offered as part of “Discovery Friday,” event Barnes & Noble has planned for November 22 to pre-empt the doorbuster madness that will occur the following week on Black Friday.

  • Sport Chalet sees e-commerce surge

    A 32.4% increase in online sales was one of few bright spots in regional sporting goods retailer Sport Chalet’s second quarter.

    During the period ended September 29, the Los Angeles-based chain said sales declined 5.2% to $86.7 due to a 2.5% same store sales decline, the closure of three underperforming stores and weakness in its team sales division due to changes in personnel. The negative factors were offset by strength in the online business and the opening of one new store. Sport Chalet ended the quarter with 52 stores.

  • comScore: Digital commerce soars in Q3

    Reston, Va. – U.S. desktop-based e-commerce sales grew year-over-year to $47.5 billion during the third quarter of 2013, marking the 16th consecutive quarter of positive year-over-year growth and 12th consecutive quarter of double-digit growth. In addition, newly released comScore data shows that e-commerce spending on smartphones and tablets added $5.8 billion for the quarter, up 26% from year ago, for a total digital commerce spending total of $53.2 billion in the third quarter.

  • Walgreens completes Kerr Drug asset acquisition

    Deerfield, Ill. – Walgreen Co. has completed its acquisition of certain assets of Kerr Drug’s retail drugstores and specialty pharmacy business. Financial terms of the agreement were not disclosed.

  • Kroger to invest $150 million in Dallas expansion

    Dallas -- During the next 24 months, Kroger will invest $150 million in North Texas to build five new Marketplace stores and to expand three locations, along with opening multiple fuel centers and remodeling existing properties. The growth initiative will create more than 1,700 full- and part-time career opportunities that offer competitive pay, healthcare plans, retirement options, product discounts and other incentives.

  • Home Depot attempts to rectify racist tweet

    Atlanta – The Home Depot is taking steps to make amends for a racist tweet it sent from its official account on Nov. 7. The tweet, a promotion aligned with ESPN college football coverage, showed a photo of two African-Americans playing the drums along with a person wearing a gorilla mask and the caption: “Which drummer is not like the others?”

  • Report: G-III loses interest in Jones Group

    New York – G-III Apparel Group is reportedly no longer considering a purchase of Jones Group. According to Women’s Wear Daily, G-III, which in October 2013 was said to be close to reaching a deal to buy Jones Group, decided purchasing the apparel retail conglomerate would require taking on too much debt.

  • Best Buy opens many stores 6 p.m. Thanksgiving

    Richfield, Minn. – Best Buy is the latest major retail chain to prepare for an early start to Black Friday. More than 1,000 Best Buy stores in 47 states will open their doors at 6 p.m. Thanksgiving night and stay open till 10 p.m. on Friday, Nov. 29.

X
This ad will auto-close in 10 seconds