Skip to main content

Retail

  • Ullman returns as JCPenney CEO

    NEW YORK — Myron E. (Mike) Ullman has rejoined Penney as CEO, effective immediately, replacing Ron Johnson, who is leaving the company. Ullman, who served as CEO of Penney until late 2011, has also been elected to the board of directors.

    Johnson’s departure was not all that unexpected given the chain’s mounting losses and sales declines. But it was still a stunning reversal of fortune for the former golden boy of Apple, who left the tech giant amid great fanfare for the top job at Penney.

  • Men’s Wearhouse launches new mobile site

    Fremont, Calif. -- Men’s Wearhouse has launched a new mobile website that allows shoppers to interact with the brand while on the go. Users can browse Men’s Wearhouse’s full list of in-store offerings, locate their nearest store and design the perfect tuxedo for any occasion with the Build-A-Tux feature, which allows users to choose from 96 different vest and bowtie colors and customize their tux with the aid of pre-styled looks that are easily saved for later or shared with friends and family.

  • OfficeMax, Office Depot name CEO search committee

    New York -- OfficeMax and Office Depot on Tuesday announced they have formed a search committee to select a CEO for the combined company. They also said they have received a request for more information from the Federal Trade Communication about their planned merger.

  • Alliance Data to be credit card provider for Barneys New York

    DALLAS — Alliance Data Systems Corp. announced its retail services business has signed a long-term agreement to provide private label credit card services for Barneys New York.

  • Edible Arrangements looks to expand in Pacific Northwest

    Wallingford, Conn. -- Edible Arrangements has set its sights on the Pacific Northwest for an aggressive expansion campaign designed to open as many as 30 new locations in the near future.
     
    Edible Arrangements already has 10 locations in Oregon and Washington and sees significant opportunity for growth, which will be accomplished through franchising. Most of the growth will be focused in the Seattle, Tacoma and Portland areas and the company is currently seeking franchisees with the resources to open multiple locations.
     

  • Tuesday Morning comps up 2.8% in Q3

    DALLAS — Tuesday Morning Corp. said total sales for the third quarter ended March 31 increased 3.1% to $178.1 million, from $172.7 million in the year-ago period.

    Same-store sales rose 2.8%, boosted by increases in average transaction value and customer traffic. 

    For the nine-month period ended March 31, revenue at stores open at least a year increased 3.7% and total sales rose 3.2% to $636.2 million, from $616.4 million.

    The company plans to release its full third-quarter results on April 25.

     

     

  • Office Depot, OfficeMax move forward on merger

    NAPERVILLE, Ill. & BOCA RATON, Fla. — OfficeMax and Office Depot have announced the committee members tasked with overseeing the process to select a CEO for the combined company and selection of the executives who will help to manage the integration planning process. 

  • Stater Bros. opens its most modern supermarket

    SAN BERNARDINO, Calif. — Stater Bros. has broke ground on its newest and most modern supermarket in the Redlands Village Shopping Center, which is being developed by Lewis Retail Centers.

    The new Redlands Stater Bros. Supermarket will be located on the northwest corner of Lugonia and Wabash Avenues and will replace a smaller Stater Bros. Supermarket located at 1786 Lugonia Avenue. 

X
This ad will auto-close in 10 seconds