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Apparel

  • Jo-Ann Fabric in exec hiring, promotion

    Hudson, Ohio -- Jo-Ann Fabric and Craft Stores announced a key hire in marketing, and a promotion in merchandising.

    Jo-Ann has hired Amy Parker as senior VP, marketing & advertising. Most recently, Amy was the chief marketing officer for Pet Supplies Plus and prior, chief marketing officer for the home division at Sears Holdings.

    Previously, she was with Michaels, Toys “R” Us, and several other multi-unit chains.

  • Who will be the next COO at Kroger?

    Leadership of the Kroger Co.’s retail operations is in limbo following the retirement of COO Mike Ellis, with no immediate successor named.

    The Kroger Co. announced that Ellis has retired after 40 years with the company.

  • Birks Group Q1 loss grows

    Montreal - Birks Group Inc., which operates 47 luxury jewelry stores in Canada, Florida and Georgia, reported a growing net loss in first quarter 2015 despite improvements in net and same-store sales. Net loss totaled $8.63 million, up from $5.8 million the same period a year earlier.

    Although net sales rose 7% to $301.64 million from $281.16 million, increases in cost of sales, selling, general and administrative (SG&A) expenses, restructuring, debt extinguishment and asset impairment helped expand net loss. Same-store sales increased 16%.

  • Bon-Ton sells six stores in leaseback agreement

    York, Pa. - The Bon-Ton Stores Inc. is selling six stores for $84 million to CPA: 17 – Global, a non-traded real estate investment trust (REIT) of global net lease REIT W.P. Carey Inc. Bon-Ton will lease the stores back.

    Proceeds from the transaction will be used to pay one of two of the company’s mortgage loans due in April 2016. Each loan has about $105 million in principal and consists of 12 properties. Bon-Ton is actively pursuing refinancing options for the second loan.

  • Bon-Ton selling stores to help pay off loan

    The Bon-Ton Stores is looking to help pay off a $105 million mortgage on 12 properties with a new deal.

    The retailer announced it will sell six properties to CPA:17-Global, a real estate investment trust of W.P. Carey, and lease them back. The deal will generate $84 million for Bon-Ton.

  • Another brand is going brick-and-mortar

    New York -- Put your dukes up: Everlast Worldwide is going to open physical stores.

    Everlast Worldwide, a global leader in the design, manufacturing, licensing and marketing of authentic boxing equipment and apparel, will open its first-ever U.S. stores this summer. The company, whose roots date back to 1910, will open three locations in Florida, at Westfield Broward Mall in Plantation, Pembroke Lakes Mall in Pembroke Pines, according to Licensemag.com.

  • Ex-Walgreens exec to be digital chief at Lululemon

    Lululemon Athletica has named a former Walgreens executive as the athleisure company's next digital chief.

    Lululemon announced that Miguel Almeida will be executive vice presiden-digital when he starts with the company in mid-July. He will report to the company’s CEO, Laurent Potdevin.

  • NRF: July 4 spending looks bright

    Washington, D.C. – Americans are feeling patriotic as July 4 approaches and putting their wallets where their feelings are. According to the National Retail Federation (NRF) 2015 Independence Day Survey conducted by Prosper Insights & Analytics, more than 156 million consumers, or 64% of those celebrating, are planning to take part in the July 4 holiday by attending a cookout, picnic or barbecue, spending an average of $71.23 per household, up 4% from $68.16 in 2014.

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