Retail

QVC’s Claire Watts has resigned from her role as CEO of U.S. operations, effective Friday, Sept. 5, to pursue other opportunities.

New York -- Looking to better respond to increasingly online and mobile customers, 70% of retail executives said their organizations have adopted an omnichannel strategy to link the consumer's in-store experience with the company's website, mobile device application and social media platforms. This strategy, according to the 2014 Retail Outlook Survey of 100 retail executives by KPMG LLP, will help create a seamless shopping experience for the consumer.

Fremont, Calif. - Jos. A. Bank has reached an early termination agreement with Jim's Formal Wear, effective Dec. 31. The company will record a one-time charge of $4.5 million in its fiscal 2014 third quarter in connection with early termination of this contract to supply tuxedo rental inventory and logistics.

Framingham, Mass. – Staples has released a series of enhancements to its omnichannel experience. The enhancements include the new Visa Checkout digital payment service, the ability to buy products online and pick them up in-store within hours, new in-store kiosks, and, Staples’ first iPad app.

Christopher & Banks president and CEO LuAnn Via said financial results for the second quarter ended Aug. 2 were solid, adding that the company made continued progress toward its long-term growth objectives.

Net sales at the specialty women’s apparel retailer totaled $106.6 million, an increase of 2.3% from $104.2 million for the year-ago period. During the quarter, the company operated an average of 9.3% fewer stores than during the comparable period last year. Same-store sales increased 2.6%.

Albany, N.Y. - Trans World Entertainment Corp., owner of the FYE music and video chain, named Michael Feurer as CEO. Feurer, who succeeds longtime Trans World leader and founder Robert J. Higgens, most recently served as CEO and president of Vanity Stores. Higgins announced in March he was retiring.

Wet Seal CEO John D. Goodman has resigned from the role he took in January 2013. He was charged with turning things around for the struggling retailer and replaced Susan McGalla, who was herself ousted after 11 months amid declining sales.

Austin, Texas - RetailMeNot Inc. has named Michael Jones was named senior VP, retailer and brand solutions. Jones joins RetailMeNot after spending the prior four years serving as VP of merchant development at eBay.

While at eBay, Jones’ responsibilities included sales, business development, merchant relations and operations for eBay's marketplace business. In his new role at RetailMeNot, he will lead the company's efforts to deepen its relationships with the largest retailers and brands.