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  • Bon-Ton nabs Belk merchant for CEO job

    Belk president and chief merchandising officer Kathryn Bufano was named president at CEO of The Bon-Ton Stores late Thursday.

  • Belk promotes David Zant to president and chief merchandising officer

    Charlotte, N.C. -- Following the resignation of president and chief merchandising officer Kathryn Bufano to take the CEO slot at Bon-Ton, Belk has promoted David Zant as its replacement, effective Aug. 11.

    Zant, who will report to Tim Belk, chairman and CEO, has served as Belk’s executive VP and general merchandising manager of men’s, home and kids since 2008.

     

  • Study: Amazon, Sears most price dynamic retailers

    Ottawa, Canada – Leading the pack of the most price-dynamic retailers are Amazon and Sears, according to analysis from price intelligence technology vendor 360pi. Both retailers change prices on 15%-20% of their 360pi-sampled assortment on a daily basis.

  • Horizon Group, CBL open shopping center in Kentucky

    Rosemont, Ill. - Horizon Group Properties Inc. and CBL & Associates Properties Inc. have opened The Outlet Shoppes of the Bluegrass, which opened fully leased with 90 stores and eateries. The Outlet Shoppes of the Bluegrass is the only outlet center in the state and is located between Louisville and Lexington on Interstate 64.

  • Nordstrom acquires personalized clothing service for men

    Nordstrom has entered into an agreement to acquire Trunk Club, a personalized clothing service for men.

    Trunk Club delivers a stylist service that combines the convenience of online with a high-touch, personalized shopping experience. Nordstrom plans to leverage the acquisition to offer superior customer service and a seamless shopping experience.

  • RadioShack investor urges lender repayment, says it will help

    New York -- A report by Bloomberg said that investor BlueCrest Capital Management is urging RadioShack to repay the lenders that are blocking plans to shutter stores.

    The electronics retailer announced last March that it would close 1,100 stores; it later reduced the number of closures to 200 per year for three years after negotiations with lenders failed.

    BlueCrest said it supported the company's decision to shut stores to stem losses and was willing to provide financing, Bloomberg said.
     

     

  • Christopher & Banks appoints new SVP, general merchandise manager

    Christopher & Banks has appointed former National Stores executive Lynn C. Derry as SVP and general merchandise manager.

  • Target names former Sam's Club exec as CEO

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