eCommerce

New York - Tiffany & Co. has named Jill Beraud as an executive VP, effective Oct. 13. Beraud will have responsibility for global retail operations including all sales channels in every region, as well as oversight of strategic store development and real estate.

Beraud, 54, joins Tiffany from salon product manufacturer Living Proof where she has been CEO since 2011. Prior to that, her experience includes senior-level executive and marketing roles at PepsiCo Inc., L Brands, Inc. and The Procter & Gamble Co., among others.

Kansas City, Kansas -- Legends Outlets Kansas City announced that Coach is extending the stay of the area’s first Coach Factory pop-up location through the holidays, until January 2015.
 
Coach Factory opened its pop-up before Memorial Day weekend and has added new inventory almost daily since opening.
 

Houston -- In a deal that will create a national specialty bedding retail powerhouse, Mattress Firm Holding Corp. has agreed to acquire rival The Sleep Train Inc. for about  $425 million. As part of the deal, Mattress Firm said that it will also assume certain additional liabilities totaling about $15 million.

Sleep Train operates approximately 310 specialty mattress stores, primarily in California, Oregon, and other Western states. It reported net sales of $471 million for the 2013 fiscal year.

New York -- Tiffany & Co. announced that it has named Jill Beraud as an executive VP, effective Oct. 13. She will have responsibility for global retail operations including all sales channels in every region, as well as oversight of strategic store development and real estate.

Beraud will report to Frederic Cumenal, president, who, as previously announced, will become Tiffany’s CEO effective April 1, 2015.

Beraud, 54, joins Tiffany from Living Proof where she has been CEO since 2011.

Minneapolis – Women’s specialty retailer Christopher & Banks Corp. swung to a profit of $3.4 million in the second quarter of fiscal 2014, compared to a net loss of $285,000 in the prior year period. Higher pretax income and income operating, as well as a tax benefit, helped push Christopher & Banks into the black.

Issaquah, Wash. – Costco Wholesale Corp. on Thursday reported that its revenue for the fourth-quarter climbed 9% to $34.8 billion. Total same-store sales, excluding negative impacts from gasoline price deflation and foreign exchange, increased 7%.

Costco plans to open nine new warehouse stores before the end of calendar year 2014.

During the full fiscal year 2014, Costco reported a 7% jump in net sales to $110.2 million from $102.9 million. Total same-store sales rose 6%.  

Evansville, Ind. – Increases in cost of sales and selling, general and administrative expenses (SG&A) drove a year-over-year reduction in net income during the second quarter of fiscal 2014 at Shoe Carnival Inc. The company reported net income of $2.58 million, down 59% from $5.84 million the same period a year earlier.

Net sales fared better, rising 3% to $222.1 million from $216.4 million. Same-store sales dropped 2.1%.