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Department Store

  • Target loyalty program comes to Canada

    TORONTO — Canadian consumers eager to get their hands on a Target loyalty card can now apply for one. Target Canada announced that pplications for its REDcard products - the Target Debit Card and the Target RBC‡ MasterCard - are now available online at Target.ca/redcard. Guests planning to shop at Target stores in Canada with a REDcard will receive an additional 5% off Target's already low prices, applied instantly at the time of purchase.

  • Jones Group names merchandising exec for Nine West brand

    New York -- The Jones Group Inc. said Monday it has appointed Joseph Stafiniak to the newly created position of SVP merchandising of Nine West, effective immediately.

    Stafiniak will operate as the lead merchant for Nine West, overseeing merchandising strategies and the execution of product to meet the expanding needs of the brand's global business.

    Stafiniak comes to Jones Group from Coach, where he most recently served as SVP licensed categories.

     

  • Former eBay exec to oversee online at U.K. department store

    U.K. department store chain, John Lewis, has named Mak Lewis as online director, effective March 4. He will join the John Lewis management board (JLMB), reporting to managing director Andy Street.

    Lewis past roles include spending six years at eBay as U.K. managing director and European marketplaces director. He was most recently CEO of Collect+.

  • OfficeMax to open smaller format

    New York -- OfficeMax has become the latest retailer with a smaller-store, urban format either open or in the wings.
     
    The retailer will unveil its smaller concept sometime in 2013, according to Crain’s Chicago Business. The new format will range between 5,000 sq. ft. and 15,000 sq. ft., the report said.

     

  • Iconix raises guidance on Buffalo buy

    NEW YORK — Iconix Brand Group has gained a controlling stake of the apparel brand, Buffalo David Bitton from Buffalo International.

    Iconix now owns 51% of the brand and as part of the deal, formed a new joint venture company with Buffalo International. Iconix will control this joint venture and consolidate its results.  Buffalo International will be the core licensee for the new joint venture.

  • Former Coach exec gets foot in Nine West

    NEW YORK — The Jones Group Inc. has appointed Joseph Stafiniak to the newly created position of SVP merchandising of Nine West, effective immediately. In this role, Stafiniak will operate as the lead merchant for Nine West overseeing merchandising strategies and the execution of product to meet the expanding needs of the brand's global business. He will report to Kathy Nedorostek, group president of global footwear and accessories.

  • Footwear brand embarks on new path

    Former converse executive Jack Boys is the new CEO of Cole Haan following Nike’s recent sale of the brand to a private equity firm.

    Apax Partners completed the previously announced acquisition of Cole Haan from Nike and named Boy’s to the role of CEO effective immediately. Boys became CEO of Converse in 2001 and remained in that roles following Nike’s acquisition of Converse in 2003 through 2010. Prior to Converse, he was vp of global marketing at The North Face and has previously held positions with Avia, LeCoq Sportif and CVEO Corporation.

  • Sears Canada lays off 700 employees

    New York -- Sears Canada is letting go of 700 workers as part of a plan to "right-size" the operation.

    The lay-offs will include 360 department store associates and about 300 distribution center workers, as well as some head office personnel.

    Sears Canada, majority-owned by Sears Holdings Corp., has falling sales. It is also facing major competition by Wal-Mart Stores and Target, which is set to make its Canadian debut this spring.

     

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