Skip to main content

Department Store

  • J.C. Penney selling Martha Stewart-designed goods while court battle rages

    New York -- A Monday report by Reuters said that J.C. Penney has begun selling the Martha Stewart “JCP Everyday” lines of home goods, without waiting for a decision from the New York court.

    According to Reuters, Penney general merchandise manager Paul Rutenis testified in New York State Supreme Court on Monday that "as of today, those products are on the floor and online."

  • Francesca's names PetSmart, Spanx execs to board

    Houston -- Francesca's Holdings Corp. said Friday it has appointed Laurie Ann Goldman and Joseph O'Leary to its board of directors, effective April 17.

    Goldman is CEO of shapewear brand Spanx. Earlier in her career, she held marketing positions at R.H. Macy and Maison Blanche Stores.    

    O'Leary is EVP merchandising, marketing, supply chain and strategic planning for PetSmart.

     

  • JCP rehires company veteran, scores latest court victory

    NEW YORK — The revolving door continues to turn at Penney with the news that Ron Johnson-appointee Nick Wooster, SVP of product and design is out while company veteran Ken Mangone has returned to the fold. 

    Mangone, who left Penney last December after 35 years with the company, is returning to his previous post as EVP of product development, design and sourcing. His return is one of new CEO Myron Ullman’s first major moves in personnel.

  • Two more executives exit J.C. Penney

    New York -- J.C. Penney announced Thursday that its COO Michael Kramer has resigned, along with chief talent officer Daniel Walker – bringing Penney’s April executive casualty number to five. Both resignations had been previously reported.

    Kramer’s resignation was disclosed via a Securities and Exchange filing. He walked away with a $2+ million cash payment.

    The two latest resignations follow CEO Ron Johnson’s departure last week, along with product development lead Nick Wooster and marketing VP Sissie Twiggs.

  • Kramer out as JCP COO

    J.C. Penney late Thursday announced that chief operating officer Michael W. Kramer had left the company.

    His departure was disclosed in an 8-K filing with the Securities and Exchange Commission. In connection with Kramer’s departure, he received a lump sum cash payment of $2,143,414. In addition, the company also disclosed that Daniel Walker had resigned as the company’s chief talent officer.

  • Buckle to open at Golden Triangle Mall

    Denton, Texas -- The MGHerring Group and Cencor Realty Services said that The Buckle will open a store at Golden Triangle Mall, located in Denton, Texas.

    Buckle will occupy 5,040 sq. ft. and will open in fall 2013. In addition, the list of new tenants includes food court eateries Italia Express, Tobu Oriental Eatery and Smoothie Paradise.

  • Fomer Sports Authority president joins Hilco Trading division

    New York -- Dick Lynch has joined the SD Retail Consulting division of Hilco Trading as SVP merchandising and strategy.

    In his new role, Lynch will be responsible for helping retailers create shareholder value through process, organization and technology enhancements in the key merchandising and inventory management functions. He will also play a key role in assisting management, owners and lenders in shareholder value creation assignments.

  • J. C. Penney wins latest court round; rehires company vet Ken Mangone

    New York -- A New York judge on Thursday rejected a request by Macy's to block J.C. Penney from selling Martha Stewart goods under the "JCP Everyday" label for now, while it appeals a ruling allowing the sale. An order temporarily barring Martha Stewart from selling goods branded with her name at J.C. Penney's is still in place.

X
This ad will auto-close in 10 seconds