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Retail

  • J.Crew announces new president, senior execs

    New York -- A Wednesday report by Women’s Wear Daily said Libby Wadle been named president of the J. Crew brand, charged with overseeing both the retail and direct businesses of J. Crew, Crewcuts and J. Crew factory outlets. She was previously EVP.

    Former chief administrative officer James Scully has been promoted to COO.

  • Tesco to exit U.S.; takes $3.5 billion global write-down

    London -- Grocery chain Fresh & Easy’s British parent Tesco confirmed Wednesday that it will abandon its U.S. business, selling off the 199-store chain and taking a $3.5 billion write-down.

  • Crabtree & Evelyn teams with Demandware for digital/mobile commerce

    Burlington, Mass. -- Demandware said Tuesday that Crabtree & Evelyn has re-launched  its U.S. e-commerce site, Crabtree-evelyn.com, on the Demandware Commerce platform. In addition, Crabtree & Evelyn is leveraging Demandware’s web design capabilities to extend the online shopping experience to smartphones and tablets.

    The 500+-store Crabtree & Evelyn also plans to use Demandware Commerce to support its global expansion strategy.

  • Stein Mart granted OK for continued Nasdaq listing

    Jacksonville, Fla. -- Stein Mart said Wednesday that it has been granted approval to continue its listing on the Nasdaq stock market while it works to secure full compliance with listing requirements.

    According to Stein Mart, a panel gave the retailer a thumbs-up to continue the listing, and Nasdaq has given Stein Mart until August to comply with all applicable requirements for continued listing on the exchange.

  • Gap to franchise Old Navy overseas, grow smaller brands at home

    San Francisco -- In a presentation to shareholders at its annual investor meeting on Wednesday, Gap CEO Glenn Murphy outlined growth initiatives that include taking Old Navy international via a franchising route, and expanding on its online programs.

  • Bebe appoints merchandising exec for 2b outlet brand

    Los Angeles -- Bebe stores announced Wednesday the appointment of Michelle Landgrebe as EVP, general merchandising manager of its 2b division, effective immediately.

    In her new role, Landgrebe will be responsible for merchandising, design, production, planning & allocation, and visual merchandising for the Bebe’s outlet division, b2.

    She most recently served as VP, general merchandising manager at VF Corp.

     

  • Upscale Maryland outlet center on the boards

    Clarksburg, Md. -- Tanger Factory Outlet Centers and Peterson Cos. said Wednesday that the pair will develop an upscale outlet center in Clarksburg, Md.

    The new outlet center, currently in the pre-development stage, will be branded as Tanger Outlets and located 27 miles northwest of Washington, D.C. and 36 miles west of Baltimore.

  • Grocers gather on supermarket industry issues

    Washington, D.C. -- Grocery retailers, wholesalers and food industry state association executives representing more than 30 states assembled in Washington, D.C., on Wednesday to urge Congress to act on pro-business reforms that impact their industry.

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