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Department Store

  • Macy’s sells chocolate brand

    Macy’s is exiting the chocolate business.   The department store retailer is selling its Frango chocolate brand to Garrett Brands, owner of Garrett Popcorn Shops, for an undisclosed amount.     Macy’s had inherited Frango, whose roots date back to 1918, from Marshall Field & Co., which was acquired by Macy’s in 2005.  

  • Chief merchant of Hudson’s Bay and Lord & Taylor leaves for exec role at Stein Mart

    A veteran retail merchandiser is leaving Hudson’s Bay to join Stein Mart.   The off-price announced that MaryAnne Morin will join Stein Mart as president, effective Feb. 6, with responsibility for merchandising and marketing.      

  • Children’s apparel retailer on the hunt for a new CEO

    The CEO of embattled Gymboree Corp. is stepping down.    The children’s apparel retailer said that Mark Breitbard will step down as chief executive once a successor has been named. He will assume the role of chairman of the board, effective February 1, 2017.  

  • Finish Line sheds specialty running stores division

    Finish Line is cutting its losses related to its specialty running gear unit.   The sportswear retailer has sold its JackRabbit specialty running store division to CriticalPoint Capital LLC, a Los Angeles-based private investment firm.   

  • Another teen apparel retailer to close all stores

    It looks like it’s curtain time for The Wet Seal.   The struggling teen retailer is closing its 171 stores, along with its headquarters in Irvine, Calif., after being unable to obtain the necessary cash infusion or find a buyer, according to several media reports.        

  • Target teams up with popular online jewelry retailer for a ‘sugarfix’

    In its newest partnership, Target has joined up with BaubleBar, the online fast-fashion jewelry brand.   The two companies have come together for a new collection, called Sugarfix by BaubleBar, that will feature original designs and pieces inspired by the brand's most popular styles. The line will be available exclusively on Target.com and in some 900 Target stores beginning Jan. 31.  

  • These retail brands are tops in brand engagement

    Soaring customer expectations are creating an increasingly challenging environment for brands seeking engagement.   That’s according to the 22nd annual Brand Keys Customer Loyalty Engagement Index, which recognizes the brands that receive the highest loyalty and engagement assessments and surpass competitors for "delighting" customers.  

  • Lane Bryant exec lands top role at HoneyBaked Ham

    The former CEO of the nation’s top plus-size apparel chains will soon head up a food retailer.   Just days after it was revealed that Linda Heasely had left her position as chief executive of Ascena Retail Group’s Lane Bryant and Catherine’s, Honey Baked Ham Company announced that it had appointed her as its new CEO, effective Feb. 6, 2017.  
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