-
Lululemon restructures executive team
Lululemon Athletica’s chief product officer has left the company and other key executives are in new roles as the company looks to increase innovation and execute a 10 year vision.
The operator of 336 stores named expanded the responsibilities of CFO Stuart Haselden and he now adds the title of executive VP of operations. Haselden joined the company early this year after serving as CFO of J. Crew. The company has also initiated a search to fill the newly created position of chief supply chain officer.
-
Cabela’s curtails rate of expansion
Cabela’s smaller stores are not as productive as the company would like so the outdoor retailer is tapping the brakes on growth while it focuses on productivity.
In conjunction with the release of disappointing third quarter results and a reduced full year profit forecast, Cabela’s said it was evaluating it store expansion schedule and currently expects to open seven stores next year and no more than that in 2017.

