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Retail

  • Kellwood Company appoints new CEO

    Kellwood Company, a leading apparel manufacturer and marketer owned by affiliates of Sun Capital Partners, has elevated Lynn Shanahan to the position of CEO of Kellwood Company, following the initial public offering of Vince, completed Nov. 27.

  • Kohl’s unwraps new strategy this holiday season

    With the holiday shopping season underway and many retailers bracing for stiff competition, Kohl’s plans on keeping its doors open for more than 100 hours, from 6 a.m. Friday, Dec. 20 through 6 p.m. Christmas Eve, Tuesday, Dec. 24.

    Although the strategy is familiar to retailers such as Toys “R” Us, it is a first for Kohl’s. The move comes following a comparable-store sales increase of 0.9% for the second-quarter which fell short of Wall Street estimates.

  • Clarks, Bostonian brands get new chairman

    The Clarks Group, the company behind the Clarks and Bostonian brands that sells more than 50 million pairs of shoes annually, has named a new chairman.

    The privately held United Kingdom-based company, which operates specialty footwear stores in the U.S. and worldwide, elevated Thomas O’Neill to the role of chairman from his position as a non-executive director on the board. He fills a position previously held by Peter Davies to lead the world’s number one non-athletic footwear brand with annual sales of roughly $2.4 billion and a presence in 100 markets.

  • Stuart Weitzman appoints new global president

    Stuart Weitzman Holdings has named François Kress as the company’s global president.

    In this newly created position, Kress will oversee all aspects of the global retail and wholesale business plus take on the role of strategic leader for new initiatives and brand extensions. He will report directly to Wayne Kulkin, CEO, and will be based out of international headquarters in New York City.

  • Kroger still sizzling in third quarter

    Kroger has extended its streak of consecutive same-store sales growth to 40 quarters — an impressive feat in light of the slow economic recovery.
     
    The company reported a same-store supermarket sales increase of 3.5%, excluding fuel, for the third quarter.

    "The resiliency of our Customer First strategy … was on full display during the quarter, even as our internal research shows that customers remain uncertain about the economy," Dave Dillon, Kroger chairman and CEO said.

  • Beauty brand Julep pops up in NYC

    Beauty brand Julep is celebrating the holidays with its first popup store in Manhattan — but with a twist.

  • Gearing up for growth, Uniqlo names CEO

    Fast Retailing’s Uniqlo USA division named a new CEO with a familiar name to lead what is expected to be an accelerated growth plan.

    Uniqlo elevated existing COO Lawrence Meyer to the role of CEO to lead is 17 unit U.S. operation roughly one year after he joined the company. In his new role, Meyer will oversee the day-to-day operations of the Uniqlo brand and be responsible for the ongoing development of the company retail footprint in the U.S.

  • The ghosts of Christmas past at Target

    Given the overwhelming emphasis on e-commerce, mobile apps and digital initiatives this holiday season, Target offered a trip down memory lane on its website, where it showcased some interesting marketing efforts.

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