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Coldwater Creek launches closing activities of stores, website
Boston -- Gordon Brothers Group and Hilco Merchant Resources have, effective May 8, launched the total liquidation of Coldwater Creek brick-and-mortar stores and its website.
The joint-venture team is conducting closing sales at all Coldwater Creek stores and online, offering 30% to 50% off all items.
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Ross Stores names chief merchandising officer Barbara Rentler as new CEO
Dublin, Calif. -- Ross Stores’ board approved a succession plan that elevates Barbara Rentler from president and chief merchant to CEO, effective June 1, replacing Michael Balmuth who will transition to executive chairman.
Current president and COO Michael O’Sullivan will continue in his present position.
Other promotions effective June 1 include: Lisa Panattoni to president, merchandising; and Bernard Brautigan to group executive VP merchandising.