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Corporate Governance

  • Perry Ellis seeks to expand global reach with new hire

    MIAMI — Perry Ellis has appointed Stanley Silverstein as president of international development and global licensing. In this role, Silverstein will be responsible for driving the company's footprint globally across its brand portfolio. 

    Silverstein joins the company from PVH Corporation where he was responsible for driving Warnaco's international expansion during his 29-year tenure. He will report directly to George Feldenkreis, chairman and CEO, and Oscar Feldenkreis, president and COO of the company.

  • Target elevating e-commerce capabilities

    Multichannel integration hasn’t exactly been Target’s strong suit to date, but this holiday season could be different if the company is able to successfully roll out an order online, pick up in store service.

  • Organic items added to Target’s HBC offering

    Two hundred Target stores will begin offering the EveryOne brand of organics and all nature health and beauty items from EO products.

    The company bills itself as theoriginal and ultimate essential oil based personal care company and said its products are designed to meet the increasing demand for healthy body products at a great price. Target will offer EO’s EveryOne Soap in Citrus + Mint, EveryOne Soap in Coconut + Lemon, and EveryOne Lotion in Coconut + Lemon in a 32 ounce pump bottle that retails for less than $10.

  • Former Macy's California CEO to chair tech board

    SAN FRANCISCO — Mavatar Technologies has appointed Phil Schlein, former president and CEO of Macy's California and partner at U.S. Venture Partners, as chairman of its board of directors. 

  • JoS. A. Bank Clothiers beefs up board with former Bon-Ton CEO

    HAMPSTEAD, Md. — JoS. A. Bank has appointed Byron "Bud" Bergren to the company’s board of directors. Bergren will also serve on the audit committee.

    Bergren was formerly chairman of the board at Bon-Ton Stores from February 2012 to June 2013. From 2002 to 2011, he served as president and CEO of Bon-Ton, where he led the company's acquisition of Saks Northern Department Store Group. Bergren received a B.S. degree from St. Cloud State University. He served on the board of directors of the National Retail Federation from 2008 to 2012.

  • Record auto sales are holiday red flag

    Retailers were already leery about the outlook for consumer spending this holiday season and reports Wednesday of record auto sales in August only add to the concern.

    Both Walmart and Target reported disappointing second quarter sales and tempered their outlook for the full year. Conversely, car salespeople across the country were clinking champagne glasses and cashing commission checks as their employers, everyone from Mazda to Honda to Porsche and Ford, said August was a record month.

  • Uniqlo announces locations for 10 new mall stores

    New York -- Uniqlo will open 10 U.S. mall stores in October and November, giving it a total of 17 U.S. locations. The new stores are strategically placed surrounding the brand’s current flagship stores on the East and West Coasts (see below for schedule).

    To support its retail expansion, Uniqlo will debut a new, more interactive website this fall.  

    Uniqlo will open four stores in California, three in New York, two in New Jersey and one in Connecticut. Here is the schedule:  

    New Jersey

  • Old Navy to enter Philippines

    San Francisco -- Gap Inc. will open its first franchise-operated Old Navy stores in the Philippines in 2014. Earlier this year, the company announced that it would begin franchising Old Navy stores internationally.

    Gap will partner with Stores Specialists, which operates Gap brand and Banana Republic stores in-market, to open two Old Navy locations in the beginning of 2014 with plans to open additional stores by the end of the same fiscal year.

  • Report: Kroger cutting spousal health insurance

    New York -- The Kroger Co. will stop providing health insurance benefits for spouses on January 1, 2014, according to a recent agreement with several unions, Indiana Public Media reported.

  • Sam’s Club moving to bigger location in Anchorage

    New York -- Sam's Club will host a grand opening celebration on Thursday, Sept. 5, at its new location in Anchorage. At 145,000 sq. ft., the new club will be more than 50% bigger than the former Anchorage location.

    The new club has been constructed to include many environmentally friendly features. Energy-efficient fixtures, including daylight-harvesting skylights, reduce the amount of energy required to light the club by up to 75% daily.

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