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  • Former JCPenney CMO lands at Yahoo

    Yahoo has named the former marketing chief at JCPenney as its new senior vice president consumer marketing.

    Debra Berman will be joining Yahoo as our new Senior Vice President of Consumer Marketing, reporting to me. Berman will join the Yahoo marketing team on July 6, bringing with her more than two decades of marketing experience.

  • Report: Kmart hires new marketing chief

    Kmart has overhauled its marketing team by making several personnel changes and replacing its CMO with a veteran from DSW.

    According to Ad Age, the company has named Kelly Cook as its new chief marketing officer after Mark Andeer left the company.

    Cook will be leading the company's "omnichannel transformation," according to Ad Age.

    Read more by clicking here.

  • Same store sales grow 2.2% at Neiman Marcus

    <The Neiman Marcus Group says currency exchange rates put pressure on traffic in the first quarter as the company reported a smaller than expected boost in same store sales. 

    The retailer said same store sales increased 2.2% for the third quarter ended May 2 as the strong dollar had some impact on the retailer’s business.

  • Kohl's reveals succession planning as it names top merchant and starts COO hunt

    Menomonee Falls, Wis. — Kohl’s on Thursday announced a series of organizational changes, including the promotion of Michelle Gass to the newly created principal officer position of chief merchandising and customer officer. Gass joined Kohl’s in 2013 as chief customer officer from Starbucks, where she is credited with playing a key role in the coffee giant’s turnaround  several years back.    
  • Kohl's names CMO, makes other exec moves

    Kohl’s Corp. has appointed an ex-Starbucks executive as its next chief merchandising and customer officer.

    The retailer announced that Michelle Gass has been appointed to the newly created principal officer position of CMCO. In this new capacity, Gass has assumed oversight of all of Kohl's merchandising, planning and allocation, and product development functions. She will continue to report to Kevin Mansell, Kohl’s chairman, chief executive officer and president.

  • Hudson’s Bay swings to Q1 loss, will open 12-15 stores in 2015

    Toronto, Canada – Hudson’s Bay Co. Inc. (HBC) swung a net loss of $54 million in the first quarter of fiscal 2015 from net earnings of $176 million in the year-ago period amid higher selling, general and administrative (SG&A) expenses even as as sales showed strong improvement.  
  • Men's Wearhouse posts a handsome first quarter

    The Men's Wearhouse reported a dapper first quarter on the same day the company inked a 10-year deal with Macy's to sell tuxedoes.

    The retailer posted net income for the first quarter ended May 2 of $10.4 million or $0.21 per share, compared to $16.5 million or $0.34 per share for the year-ago quarter. Net sales for the first quarter rose 40.4% to $885.09 million from $630.47 million in the same quarter last year. 

  • Troubles mount at J. Crew amid fashion misses, high prices and big debt

    New York — The formerly high-flying J.Crew Group has come down to earth, a victim of fashion miscues and the new competitive landscape. What’s more, the retailer has $1.5 billion in debt on its books, the New York Times reported. Click here for the story.
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