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Corporate Governance

  • Wayfair taps new executive creative director

    Wayfair, the largest online retailer of home furnishings and décor, has appointed Christiane Lemieux as executive creative director.

    In her new role, Lemieux, previously founder and creative director of DwellStudio, will provide creative vision and counsel across the company’s growing portfolio of home brands, including Wayfair.com, AllModern, Joss & Main and DwellStudio. Lemieux will be responsible for developing new creative initiatives for Wayfair in the coming year.

  • Hudson’s Bay, Lord & Taylor launch app integrating traditional media and m-commerce

    Toronto -- The HBC Department Store Group announced the launch of a new mobile shopping application for both its Hudson’s Bay and Lord & Taylor divisions that allows customers to instantly buy products seen in print by simply scanning an image.

    HBC is partnering with Pounce, a mobile app that turns static print ads into instant digital storefronts by enabling customers to scan product images and complete a purchase in less than 30 seconds. It provides a secure, one-tap checkout, integrating with the retailer’s existing e-commerce system

  • Weather Trends: February 2014

    February 2014 is projected to be the coldest in four years and drier than last year for the U.S. as a whole. Much colder year-on-year trends will be widespread at the start of the month, especially across the Central U.S. The axis of colder temperatures shifts to the Northern Tier of the U.S. by the second week of the month. Much colder trends early in the month will help to clear remaining winter merchandise. A taste of spring arrives in the Deep South in retail week three, making this a favorable time for categories such as sun care, apparel and cold beverages.

  • Sears closing downtown Chicago store

    Hoffman Estates, Ill. – Sears plans to close a store in the Loop section of downtown Chicago in April 2014. Sears spokesperson Howard Riefs announced the closing in an email which said the store’s 160 employees, most of whom are part-time, will be eligible to apply for jobs at other Sears stores in the area and also to receive severance.

  • New Dickey’s Barbecue Pits in Texas and W. Virginia

    Dallas — Two new Dickey’s Barbecue Pits will open on January 23, one in Lumberton, Texas, and another in Fairmont, W. Va. Both will offer the first 50 customers gift cards for up to $50.

    The Lumberton location will be franchise owner Andy Maredia’s second Dickey’s franchise in the area. He plans to open more locations in the future.

    The Fairmont franchisees Joe and Bonnita Pena plan to open five additional locations.

  • Former Target digital strategy exec heads to Adconion Direct

    Adconion Direct, a leading global cross-channel digital advertising company, has named Nathan Jokinen as VP of strategic development. Jokinen spent nearly a decade in business development and digital strategy at Target.

  • R.P. Wurster buys Plainfield, Ind., center

    Chicago  — R.P. Wurster has acquired the 49,967-sq.-ft. Plainfield Commons in Plainfield, Ind., for $6.35 million. The 100% leased community shopping center features anchor tenants Dollar Tree and Shoe Carnival. Shadow anchors include Target, Kohl’s, Pier One Imports and PetSmart.

    Mid-America Real Estate Corp.
    in cooperation with Mid-America Real Estate Corp. — Indiana brokered the transaction on behalf of the seller, RPD Catalyst.
     

  • American Eagle CEO Hanson resigns

    Pittsburgh -- American Eagle Outfitters said that CEO Robert Hanson, would leave the company, effective immediately. He was appointed to the position in late 2011, after 23 years at Levi Strauss & Co., where he served in a number of executive roles.

    Similar to many other teen retailers, American Eagle has been struggling. The company reported a profit of $24.9 million in the three months ended Nov. 2, compared to $78.6 million in the year-ago period. Revenue was $857.3 million, a decline from $910.4 million a year ago.

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