Apparel

Michael McCarthy spent 28 years at Sears Holdings before leaving the company in 2011, but now he’s back in new senior level role at the Sears Hometown and Outlet Stores.

Hoffman Estates, Ill. --  Michael McCarthy spent 28 years at Sears Holdings before leaving the company in 2011, but now he is back in new senior level role at the Sears Hometown and Outlet Stores.

In 2012, Sears Holding spun off the Hometown and Outlet division, which is now the operator of 1,215 hardware, appliance and outlet stores and a separate publicly held company.

Indianapolis – Retail real estate firm Simon has announced the location for its Tulsa Premium Outlets.

The project will be built in the city of Jenks, Oklahoma. The first phase of the development will be approximately 325,000 sq. ft. and feature 80 to 90 stores. Construction in Jenks is scheduled to start in spring 2016 with an opening in summer 2017.

New York -- Alibaba, the Chinese e-commerce giant, was named “Retailer of the Year” at the World Retail Awards gala dinner in Rome, Italy.

Gymboree increased same store sales and profit in the second quarter, but the kids' retailer still plans to close dozens of stores and sell a distribution center.

Cincinnati — Kroger on Thursday announced the appointment of four executive VPs to lead key lines of business.

Minneapolis – A “merchandising misstep” took its toll on Christopher & Banks in its second quarter as sales decreased more than expected.

The company posted a net loss of $710,000 in the quarter, compared to earnings of $3.36 million in the year-ago period.

Markdowns and the costs of expansion hurt Lululemon profits in the second quarter, but the athleisure retailer did post an impressive jump in same store sales.