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American Eagle Outfitters, Inc.

  • Teen apparel retailer on hunt for a CFO

    American Eagle Outfitters announced that Mary Boland, chief financial and administrative officer, plans to retire effective April 1, 2016.

    The retailer is currently conducting an active search for a successor.

    In the interim, Scott Hurd, American Eagle’s chief accounting officer, will lead the day-to-day management of the finance team and assume the role of interim CFO.

  • American Eagle improves performance by refining footprint and merchandise

    American Eagle Outfitters didn’t exactly soar in the fourth quarter, but its low single-digit same-store sales increase was better than most and benefitted from recent store closures.

    Total company sales increased 3% to $1.11 billion and same store sales grew 4% after a flat performance in the fourth quarter the prior year. Earnings per share increased 17% to 42 cents from the 36 cents earned from continuing operations the prior year. The company expects its first quarter same store sales to increase in the mid-single digits.

  • Holiday scorecard: Winners, losers and those in between

    In what was arguably one of the strangest holiday season in recent memory – for a variety of reasons – retailers have reported a variety of results ranging from impressive to outright awful.

  • Dick's Sporting Goods to backfill former J.C. Penney space at Cumberland Mall

    Vineland, N.J. -- PREIT announced its plans to open a Dick's Sporting Goods at Cumberland Mall in Vineland, New Jersey. The sports and fitness retailer will occupy the former J.C. Penney Department Store space in a 50,000 sq. ft. location.

    “This transaction demonstrates PREIT's continued success in replacing anchors with in-demand retailers,” states Joseph F. Coradino, CEO for PREIT "The addition of Dick's Sporting Goods will improve the merchandise mix and solidify the tenant roster at Cumberland Mall.”

  • A surging American Eagle Outfitters names CEO—finally

    Everything old is new again at American Eagle Outfitters, apparently with good reason.

    The teen apparel retailer on Wednesday named Jay L. Schottenstein as CEO,  effective immediately.   Schottenstein, who has served as interim chief  since January 2014, will also continue in his role as executive chairman of the board. The news of  his appointment came as the retailer reported a strong increase in its third quarter earnings.  It was the chain’s third consecutive quarter of increased sales and profits.

  • A surging American Eagle Outfitters names CEO — finally

    Everything old is new again at American Eagle Outfitters, apparently with good reason.

    The teen apparel retailer on Wednesday named Jay L. Schottenstein as CEO, effective immediately. Schottenstein, who has served as interim chief since January 2014, will also continue in his role as executive chairman of the board. The news of his appointment came as the retailer reported a strong increase in its third quarter earnings. It was the chain’s third consecutive quarter of increased sales and profits.

  • SHOP TALK

    RANDOM NOTES: Microsoft made its Manhattan debut with a 22,369-sq.-ft. flagship on Fifth Avenue — its largest location yet. Designed in collaboration with Gensler, the store has a striking, all-glass facade that provides a full view of the contemporary, multi-level interior. High-definition video walls and digital signage are featured throughout the space, streaming video, images and information. A two-story video wall is located behind an “answer desk,” where shoppers can receive assistance and training. ...

  • Target, Neiman Marcus and Jet.com among Shoptalk headliners

    More than 100 senior retail executives are already confirmed as speakers for a first-of-its-kind event called Shoptalk that will be held next May with a focus on next generation commerce.

    Organizers of the event have confirmed speaker participants including Jason Goldberger, president of Target.com and mobile; Casey Carl, Target chief strategy and innovation officer; Joe Megibow, chief digital officer at American Eagle Outfitters; John Koryl, president of Neiman Marcus stores and online and Andrea Wasserman, senior VP and head of direct-to-consumer at Nine West Group.

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