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Footwear

  • PetSmart CFO joins board of Crocs Inc.

    The CFO of PetSmart Inc. has been appointed to the board of directors for Crocs Inc.

    Carrie Teffner, the executive vice president and chief financial officer for PetSmart Inc., joined the board June 9.

    Crocs also announced that current director Peter Jacobi is voluntarily retiring from his position.

  • Saks Off 5th to enter Delaware

    New York -- Saks Fifth Avenue Off 5th will open a store at Christiana Fashion Center in Christiana, Delaware, in October. The 32,000 –sq.-ft. store will be the off-price retailer’s first in the state of Delaware.

  • Christopher & Banks swings to Q1 loss; will open 15 stores

    Minneapolis – Christopher & Banks Corp. swung to a net loss of $1.4 million in the first quarter of fiscal 2015, compared to net income of $2.6 million the same quarter a year earlier. Total costs and expenses exceed net sales of $91.62 million, which was an 11 % drop from $103.37 million, while same-store sales dropped 11.7%.

    During the second quarter of fiscal 2015, Christopher & Banks expects to open one new Missy, Petite, Women (MPW) and 14 new outlet stores, and also close one CB store and convert seven others to MPW stores.

  • Macy’s adds two more store locations for launch of Macy’s Backstage

    Cincinnati -- Macy’s on Monday announced two more pilot store locations in metro New York City for its new off-price format, Macy’s Backstage. The additional stores brings to six the total number of Macy’s Backstage for launch. All are expected to open in fall 2015 and average about 30,000 sq. ft.

    The added locations are at Fordham Place in The Bronx, and Essex Green Shopping Center, West Orange, New Jersey, where an existing Macy’s store will be converted to Macy’s Backstage.

  • Macy’s adds Backstage locations

    The first of Macy’s new off price Backstage stores aren’t due to open until this fall, but already the retailer is adding more locations for an off price format heralded as a key growth initiative.

    The nation’s largest department store retailer created a stir earlier this year when it disclosed plans to open its first four Backstage stores in the greater New York area. The two additional locations are also in close proximity to New York. The stores are about 30,000-sq.-ft. and are staffed by 30 to 45 employees.

  • Chinese Laundry’s omnichannel integration

    New York -- Following an e-commerce upgrade, women’s shoe retailer Chinese Laundry is now going to change its e-commerce site to responsive design in the coming months an effort to increase its mobile conversion rate, Scott Cohn, VP president of e-commerce, said during a session at the annual Internet Retailer Conference and Exhibition in Chicago.

  • Zumiez meets Street with Q1 income, will open 57 stores

    Lynnwood, Wash. – Zumiez Inc. met Wall Street expectations for profit in the first quarter of fiscal 2015.

    Net income rose 12% to $2.8 million from $2.5 million the same period a year earlier, aided by slowing growth rates of cost of goods sold and selling, general and administrative (SG&A) expenses.

  • Nike names Coca-Cola exec as CIO

    Beaverton, Ore. - Jim Scholefield, 53, will become CIO of Nike Inc., reporting to Eric Sprunk, COO, on June 29.

    Scholefield most recently served as CTO for The Coca-Cola Co., where he was responsible for creating and executing its worldwide IT strategy, technology operations, production support and technology engineering. His duties providing global leadership across the Coca-Cola enterprise on all technology matters.
     

  • Chinese Laundry cleans up omnichannel inventory

    Los Angeles – Accepting an online order and then cancelling it due to inventory shortages is probably the most damaging customer interaction an omnichannel retailer can have. Vertical specialty footwear retailer Chinese Laundry, which operates a direct-to-consumer website as well as two stores in Las Vegas and one in Canoga Park, California, is well aware of this problem.

  • True Religion promotes interim VP to CEO

    Vernon, Calif. - True Religion Apparel Inc. has named John Ermatinger CEO, effective immediately. Current CEO David Conn is stepping down.

    Ermatinger has been serving as True Religion’s interim senior VP of global sourcing and production will build on the strategic initiatives that have been implemented since TowerBrook’s acquisition in July 2013 and will guide the company into its next phase of development.

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