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Apparel

  • Finish Line names Wal-Mart exec as senior VP store operations

    Indianapolis -- The Finish Line announced Wednesday it has named Greg Beidler as senior VP store operations for the chain.

    Beidler was previously regional operations director for Sam’s Club/Wal-Mart Corp., and has served in management roles for GameStop, Brown Shoe, Circuit City and Athlete’s Foot.

  • Abercrombie & Fitch Q2 profit plummets 52%; to open fewer Hollisters than planned

    New Albany, Ohio -- Abercrombie & Fitch reported Wednesday that net income in the second quarter slid 52% to $15.5 million, compared with $32 million in the year-ago period.

    Total sales rose 4% to $951.4 million, missing Wall Street’s forecast of $954.9 million, and U.S. sales fell 5%. The retailer said Wednesday it is cutting its 2012 earnings guidance and will open fewer international Hollister stores in fiscal 2012 than initially planned.
     

  • New tenants announced for East Peoria Downtown

    Peoria, Ill. -- Cullinan Properties, developer of the East Peoria Downtown shopping center, hosted a ceremonial ‘Steel Raising’ event last week to mark the development of the Peoria project.

    Joining Target and Costco at the center will be Ulta Beauty with an 11,000-sq.-ft. store adjacent to Target, and Gordmans, which has leased a 50,000-sq.-ft. space slated to open in early 2013.

  • Cotton on Kids opens at Galleria at Tyler

    Riverside, Calif. -- Chicago-based General Growth Properties said that Australian brand Cotton On Kids has opened a store at Galleria at Tyler, located in Riverside, Calif.

    The 3,185-sq.-ft. store is located on the lower level next to Helzberg Diamonds.
     

  • Fossil names new COO

    RICHARDSON, Texas — Fossil has named John White as EVP and COO effective Sept. 4. White will be responsible for the company's supply chain, distribution and warehousing, legal and information technology operations, with a focus on long-term strategy. He will report directly to Kosta Kartsotis, CEO.

    "We are very excited to have John join our executive team. His track record of driving strategic improvements and operational excellence across large organizations will be invaluable to us as we continue our global expansion," said Kartsotis.

  • Citi Trends narrowed loss in Q2 but missed Street

    Savannah, Ga. -- Despite narrowing its loss in the second quarter from $10 million to $7.9 million this quarter, Citi Trends still missed Wall Street expectations.
     
    Revenue edged up 2% to $132.3 million, which also missed analysts’ forecast. Wall Street expected sales of $133.9 million.
     
    Same-store sales slipped 4%.
     

  • Spotlight on J.C. Penney

    All eyes are on J.C. Penney Co. as it rolls out the first wave of its branded shops to nearly 700 stores nationwide. 

  • Former Walmart exec named CEO of Dots

    GLENWILLOW, Ohio — Fashion retailer Dots has named former Walmart SVP, Lisa Rhodes as its new CEO.

    Rhodes, who led Walmart's U.S. apparel merchandising division, has been charged with leading Dots’ march toward 1,000 stores.

    Prior to her role at Walmart, Rhodes was EVP and chief merchandising officer for Maurice’s.

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