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Apparel

  • Winick Realty Group leases two New York storefronts

    New York -- Winick Realty Group has leased two retail storefronts in the Nolita neighborhood of New York. The 700-sq.-ft. spaces were previously ground-floor apartments and had never housed retail before.  
  • Ann in non-disclosure agreement with Golden Gate Capital

    New York -- Ann Inc., parent of Ann Taylor and Loft, said Tuesday it has entered into a non-disclosure agreement with Golden Gate Capital to provide certain non-public information with the private equity firm.    Golden Gate disclosed in a filing in March it bought a 9.5% stake in the women's clothing retailer. Ann said it has been engaged in a "collaborative, constructive" dialogue with Golden Gate since March. 
  • The Wet Seal in cost-cutting mode, announces headcount reductions

    Foothill Ranch, Calif. -- The Wet Seal announced a workforce reduction resulting in the elimination of a combination of 78 filled and open positions, including  66 positions at the company’s corporate office, or a 24% reduction in headcount, and 12 positions at the field management level, representing a 20% decrease. The cuts are the first steps in the retailer’s initiative to reduce its overall cost structure.   
  • Gap to outdo Walmart in holiday hires; plans Holiday Hiring Blitz events nationwide

    San Francisco -- Gap Inc. plans to hire more than 63,000 seasonal associates—more than Walmart—at its stores, call centers and distribution centers nationwide for the 2014 holiday season. (Walmart previously announced it was hiring 60,000 seasonal associates.)  
  • Quiksilver makes changes to senior leadership

    Huntington Beach, Calif. -- Quiksilver announced that Bob McKnight will retire as a senior executive of the company on Oct. 31, 2014. He will remain a director. The teen retailer also said CEO Andy Mooney has been elected chairman and Pierre Agnes has been promoted to president of Quiksilver, effective Nov. 1, 2014.  
  • The Finish Line enhances omnichannel efforts with new customer loyalty mobile app

    Indianapolis -- The Finish Line has launced a new mobile app aimed at providing services and conveniences that reward members of its Winners Circle loyalty program with points and loyalty perks. The chain  teamed with IBM and IBM Business partner PointSource on the development of the app, which was designed using the IBM MobileFirst application development portfolio to capture the attention of sports enthusiasts and provide a rewarding user experience.
  • SAP Retail Forum—Brooks Brothers transforms IT environment

    New York –- Brooks Brothers is currently one-third of the way through an IT transformation based on SAP technology. In a presentation and also in an exclusive one-on-one interview with Chain Store Age at the recent SAP Retail Forum in New York, Sahal S. Laher, executive VP/global CIO of Brooks Brothers, explained how the retailer is becoming a more customer-focused organization.  
  • Downtown Doral retail phase launches construction

    Miami -- A visionary downtown Miami project has launched construction, promising to deliver a mix of uses and a true urban community.  
  • Demandware acquires CQuotient

    Burlington, Mass. -- Demandware Inc., a provider of enterprise cloud commerce solutions, has acquired CQuotient, a cloud personalization provider. The acquisition of CQuotient will accelerate Demandware’s plans to turn the data created across its community of retail brands into actionable insights for business optimization and differentiated consumer shopping experiences.   
  • Signet Jewelers CEO resigns; names COO Mark Light as new chief

    Hamilton, Bermuda –- In a surprise announcement, Signet Jewelers Ltd., the largest jewelry retailer in the U.S., U.K. and Canada, said that its president and COO, Mark Light,  will take over as CEO on Nov. 1. He will replace Signet’s current chief, Michael Barnes, who is resigning from his position and from Signet's board of directors to "pursue opportunities closer to his home in Dallas," effective Oct. 31.  
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