Department Store

Conshohocken, Pa. -- David’s Bridal has named Pamela B. Wallack as CEO, effective May 28. She joins David’s Bridal from Gap Inc., where she has held senior positions since 2005.

Wallack was the president of Gap Adult, Body and Accessories from 2010 to 2011 and the president of Gap Kids and Baby from 2005 to 2010. In 2011, she was tapped to establish and lead the Gap Global Creative Center, responsible for global design, marketing and production

CONSHOHOCKEN, Pa. — Former Gap executive Pamela B. Wallack has been named CEO of David’s Bridal, a U.S.-based specialty retailer of bridal gown and wedding-related apparel and accessories.

The specialty retailer is looking to leverage Wallack’s abilities to grow and improve well-known consumer brands to help drive the strategic initiatives underway at the company, including expanding the store base, bolstering the e-sommerce platform, enhancing customer experience and adding to the portfolio of high-fashion brands.

Vernon, Calif. -- True Religion Apparel has entered into a definitive merger agreement with New York and London-based investment management firm TowerBrook Capital Partners, in a transaction valued at approximately $835 million.

NEW YORK — Macy’s is getting help from singer, songwriter and dancer Usher in curating the concept, music and design of the 37th annual Macy’s 4th of July Fireworks. The retailer’s fireworks spectacular is the nation’ largest patriotic pyrotechnic display.

Miami, Fla. — Miami City Ballet’s Board of Trustees today elected former Macy’s executive Susan D. Kronick as its new president of the board.

New York -- Big M, owner of the Mandee, Annie Sez and Afaze apparel chains, will be sold to YM Inc., Toronto, in a $22.5 million deal expected to be approved by a bankruptcy judge next week, The Record reported.
 
YM operates more than 600 young women’s specialty stores under a variety of banners, including Stitches, Urban Planet, Bluenotes, Siblings, and Sirens.   

CONSHOHOCKEN, Pa. — Former Gap executive Pamela B. Wallack has been named CEO of David’s Bridal, a U.S.-based specialty retailer of bridal gown and wedding-related apparel and accessories.

The specialty retailer is looking to leverage Wallack’s abilities to grow and improve well-known consumer brands to help drive the strategic initiatives underway at the company, including expanding the store base, bolstering the e-sommerce platform, enhancing customer experience and adding to the portfolio of high-fashion brands.

New York -- Britain’s Marks & Spencer (M&S) has completed the roll out of contactless payment to 644 of its United Kingdom stores, including its railway and airport franchise locations. The roll-out, which followed a successful trial in 25 London stores last summer, cements M&S’ position as the U.K.’s leading contactless retailer, processing over 230,000 contactless transactions every week.