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  • J.C. Penney launches nationwide holiday tour

    Plano, Texas -- J.C. Penney said Tuesday it has launched its nationwide Holiday Giving Tour, which entails a 12-day giving spree during which the retailer carries out acts of generosity in a new city each day.

    Events include Christmas tree lighting, ice skating, Santa visits and tobogganing.
     
    The tour kicks off Nov. 27 with a live holiday performance by Grammy Award-winning artist John Legend, followed by free ice skating, skate rentals and hot chocolate in Manhattan's Citi Pond at Bryant Park.

  • Children's Place CFO resigns, replaced by former Talbots COO

    Secaucus, N.J. -- The Children's Place Retail Stores Inc. reported Monday that its CFO Steven Baginski has resigned the company, effective immediately.

    According to the retailer, Baginski is leaving to pursue other interests.

    Former COO and CFO of The Talbots Inc., Michael Scarpa, has been named Baginski’s successor, effective Dec. 3.  

    Scarpa also worked at Liz Claiborne Inc. for 25 years.
     

  • Heading North

    Each year, in December, Chain Store Age publishes a retail overview of the northeastern quadrant of the United States and, each year, there’s not a lot of bad news to report, even in recessionary times. This year is no exception; in fact, despite a superstorm that ravaged much of the region, the economic engine continues to chug along.

  • Neiman Marcus Q1 sales, profit rise

    Dallas -- Neiman Marcus Group reported Tuesday that earnings for the first quarter rose to $127.8 million, compared with $122.8 million in the year-ago period.

    Sales rose to $1.07 billion for the quarter, from $1.00 billion last year. Same-store sales climbed 5.4%.

     

  • J.C. Penney sourcing executive suddenly departs

    Plano, Texas -- A Friday report by Business Insider said that Ken Mangone, executive VP product development, design and sourcing for J.C. Penney Co., has abruptly resigned the company.

    Mangone has been with the retailer since 1977 and is credited with helping to establish J.C. Penney’s private brands.

    “We can confirm that Ken Mangone is no longer with the company,” a J.C. Penney spokesman told Business Insider. “We wish Ken continued success and thank him for his years of service….”

  • Macy’s exec joins GS1 U.S. board of governors

    LAWRENCEVILLE, N.J. — Peter Longo of Macy’s has been appointed to the GS1 U.S. board of governors, the information standards organization announced today. GS1 U.S. develops supply-chain standards, solutions and services for more than 200,000 businesses in 25 industries.

  • Study: Top mobile shopping savvy cities in U.S.

    New York -- Houston claimed the top spot for the second year in a row, followed by Seattle and San Francisco, in a ranking of the most mobile shopping savvy cities in the United States. The survey was conducted by The Interactive Advertising Bureau and its Mobile Marketing Center of Excellence, in partnership with Prosper Mobile Insights.

  • NRF: Holiday weekend spending up 13% to $59.1 billion

    Washington, D.C. -- The National Retail Federation reported that more than 35 million Americans visited retailers’ stores and websites on Thursday – up from 29 million last year – scoring deals on everything from hot electronic items to cashmere sweaters and toys.

    According to an NRF survey conducted by BIGinsight over the weekend, traffic and spending grew over the entire weekend. More people than ever before also shopped online and in stores on Black Friday, as 89 million shoppers braved the crowds, up from 86 million last year.

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