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Corporate Governance

  • GNC uses dunnhumby for omni-channel segmentation

    Pittsburgh – GNC Holdings Inc. will use customer-centricity solutions from dunnhumbyUSA across all facets of its marketing to more effectively segment and engage with in-store and online customers. This will include personalized communications and offers to shoppers through both online and offline channels.

  • Study: Online retail revenues, attacks surge on Cyber Monday

    Bedford, Mass. – Daily mobile/online retail revenues surge an average of 55% on Cyber Monday (the Monday after Thanksgiving), but a corresponding surge in attacks drives hard losses, on average, as much as $500,000 per hour or $8,000 per minute. In addition, a new study of 1,100 U.S., and U.K., retail IT staffers from RSA and the Ponemon Institute shows that 66% of respondents expect that disruption would result in customer churn that would damage reputation and brand and could push losses as high as $3.4 million from a single hour of disruption.

  • Dick’s Sporting Goods opening five stores Nov. 8

    Pittsburgh – Dick’s Sporting Goods opens five new stores across the U.S. on Nov. 8. The stores will be located in Dover, Del., Palm Desert, Calif., West Des Moines, Iowa, Sioux Falls, S.D., and Findlay, Ohio.

    Dick’s will operate a total of 554 stores in the U.S. upon opening the five new stores. The Sioux Falls store will be the chain’s first store in South Dakota. This total will include three in Delaware, 32 in California, five in Iowa, and 38 in Ohio.

  • J. Crew reports strong Q3 to date

    New York – J. Crew Group., Inc. is reporting several strong preliminary results to date for its third quarter of fiscal 2013. Through Oct. 5, 2013, J. Crew reports revenues increased $42.9 million, or 11.3%, to $422.3 million from $379.4 million last year.

  • Golf Galaxy opens interactive store in Las Vegas Nov. 1

    Pittsburgh - Golf Galaxy plans to open its second retail location in Nevada. The retailer will open a 29,000-plus-sq.-ft. store in Henderson, a Las Vegas suburb, on Nov. 1.

    At the store, offerings include services from PGA professionals and certified in-store club technicians; five hitting bays and an indoor demo range; and an on-site, full-service 42-foot tour van modeled after club manufacturers' on-site PGA Tour vans. The store also features a dedicated women's shop, a driving range, and a three-speed putting green.

  • Report: Publishing exec leaves Amazon

    New York – Larry Kirshbaum, a publishing industry executive who joined Amazon.com’s New York-based publishing unit in 2011, is reportedly leaving the company to become a literary agent. According to the Associated Press, Kirshbaum, who formerly was in charge of the Time Warner Book Group will officially leave his position in January 2014.

  • J. Crew proposes bond offering

    New York -- Chinos Intermediate Holdings A, Inc., the indirect parent company of J. Crew Group, Inc., intends to issue $500 million of senior PIK toggle notes due 2019. The notes will be offered and will be sold in a private placement to qualified institutional buyers in the U.S, pursuant to Rule 144A under the Securities Act of 1933, as amended, and to non-U.S. persons in transactions outside the U.S. pursuant to Regulation S under the Securities Act.   

  • Target to open 33 Canadian stores in November

    Mississauga, Ont. – Target Canada has announced the opening dates for 33 additional Canadian store locations spanning across nine provinces, including its first stores in New Brunswick, Prince Edward Island and Newfoundland.

    Thirty-one store locations are scheduled to open on Nov. 13, and the remaining two locations will open on Nov. 22, completing Target's Canadian store openings for 2013.

  • Von Maur takes on New York

    Regional department store retailer Von Maur isn’t so regional anymore following the opening of its first store in New York.

  • Regional grocer Brookshire names new merchandising VP

    Dave Moss was named vp of merchandising and three other executives were elevated to the vice president level at Tyler, Texas-based Brookshire Grocery Co.

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