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  • DSW Q1 net income drops 13%, but still beats predictions

    Columbus, Ohio -- DSW Inc. experienced drops in both net income and same-store sales for the first quarter of fiscal 2013. Net income declined about 13%, dropping to $34.5 million from $39.9 million in the year-ago period, amid hefty one-time charges. Its results, however, beat analyst expectations.

    For the quarter ended May 4, same-store sales declined 2.4%. In one bright spot, sales rose almost 8% to $601.4 million, from $558.6 million.

  • Brown Shoe feels impact of exiting brands

    St. Louis -- Brown Shoe Company Inc. reported a net loss and declining net sales in first quarter 2013 as the company cited the impact of having exited some businesses in the past year.

    The retailer experienced a net loss of $10.8 million, compared to net earnings of $1.7 million a year earlier. Net sales declined about 1% to $588.7 million from $598.2 million.

  • Macy’s hires more than 1K college kids

    Cincinnati – As part of its annual Executive Development Program (EDP) and summer internship program, Macy’s Inc. has hired more than 1,000 college students this spring. Hires include 695 recent college graduates for full-time EDP positions, which serve as entry-level executive training positions.

    In addition, 325 current college students have been hired for a variety of internships with Macy’s and Bloomingdale’s.

  • Tiffany names Ludru senior VP of North America

    New York – Anthony Ludru has been named senior VP of North America by Tiffany & Co.

    Ledru, 40, has luxury industry experience including with Cartier in Latin America and the U.S., as well as serving as global VP of sales with Harry Winston International.

    “As a member of the senior management team, Anthony will drive sales results in our largest region, composed of the United States and Canada, while contributing a key voice to the articulation of the global brand.,” said Tiffany executive VP Frederic Cumenal.

  • Foot Locker appoints Alvitti as chief HR officer

    New York -- Foot Locker Inc. has appointed Paulette Alvitti as senior VP and chief human resources officer. Alvitti will begin her new role on June 3 and oversee the development and delivery of global human resources, including compensation and benefits, organization and executive development/succession planning, employee engagement, talent management, human resources management systems, and corporate communications. She comes to Foot Locker from PepsiCo, where she spent 17 years, most recently serving as senior VP and chief human resources officer at PepsiCo Asia, Middle East and Africa.

  • PriceGrabber: Father’s Day gets practical

    Los Angeles – A survey from online shopping site PriceGrabber indicates U.S. consumers are leaning toward practical Father’s Day gifts this year. Almost four-in-10 (38%) consumers plan to purchase practical Father’s Day presents this year, such as tools, auto accessories or appliances.

    Nearly one-fifth of respondents (18%) are planning to shop for a tech-type gift such as a computer, tablet or smartphone. Forty-five percent of men plan to buy a practical gift, compared to 33% of women.

  • Chico’s disappoints as Q1 profit slips 4.7%

    Fort Myers, Fla. – Chico's reported a lower-than-expected profit of $51.1 million for the first quarter, excluding non-recurring acquisition and integration costs related to its Boston Proper acquisition, versus a profit of $54 million in year-ago period.

    Sales rose 3% to $670.7 million, up 3% from $650.8 million last year. Chico’s, which operates its namesake stores, as well as the Soma Intimates and White House | Black Market chains, attributed much of this boost to the opening of 114 net new stores in the past year.

  • Report: Foot Locker most tweeted about sporting goods/outdoor retailer

    Hicksville, N.Y. -- Footlocker was the most tweeted about brand with over 50,000 posts, according to GenSent Insights’ 2013 report on Sporting Goods and Outdoor Retailers. This was more than twice the number of tweets the next closest competitors, Dicks Sporting Goods and REI (generated with just under 20,000 posts each.  

    Footlocker’s digital and social media strategy includes creating such properties as Sneakerpedia (a hub for sneaker enthusiasts) Kickstagram, (a photo sharing blog) and Footlocker Unlocked (blogs, games and more).

  • Mother Nature flattens Chico FAS Q1 same store sales

    FORT MYERS, Fla. — Chico FAS's comparable sales for the first quarter ended May 4 were flat compared to a nearly 10% increase in last year's first quarter, thanks to an unusually cool spring and the cycling of strong comparable sales last year.

  • Former PepsiCo exec lands feet first at Foot Locker

    NEW YORK — Foot Locker has appointed former PepsiCo human resources executive Paulette Alviti as the company’s SVP and chief human resources officer. 

    Alviti has an extensive background in human resources, both domestically and internationally, with experience in organizational capability and training, talent acquisition and development, employee engagement and communications for the corporate office and field organization.

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