Skip to main content

Sales & Marketing

  • Another big loss for J.C. Penney as sales plunge 16.4%

    Plano, Texas -- J.C. Penney Co. reported a deeper-than-expected loss of $348 million for its first quarter, compared to $163 million in the year-ago period, amid a 16.4% decline in revenue. The results came as the company seeks to undo the damage caused by former CEO Ron Johnson’s costly and largely failed makeover.

  • Tuesday Morning faces discrimination suit from former CEO

    DALLAS — Kathleen Mason, former CEO of Tuesday Morning, has filed a lawsuit against her ex-employer in Dallas District Court claiming discrimination. Mason, who was fired last June, alleges that Tuesday Morning mistreated and then terminated her within months after learning she was suffering from breast cancer.

  • Brixmor names former Kimco COO as new president/CFO

    New York -- Brixmor Property Group has appointed Michael V. Pappagallo as president and CFO, effective May 20.

    Pappagallo will play an integral role in the execution of Brixmor's long-term business and capital markets strategy.  In addition, he will lead the company's finance and accounting teams, as well as have functional oversight of its property operations, information technology, acquisitions/dispositions and investor relations efforts.

  • Kohl’s heads to the Cloud

    INDIANAPOLIS — Kohl’s plans to leverage cloud technology so it can focus on core business and meet peak seasonal demands. To that end, the company has entered into a long-term, multi-year contract to migrate its contact center to the Interactive Intelligence Communications-as-a-Service solution. 

  • Blue Nile appoints board member

    Seattle -- Online jewelry retailer Blue Nile has appointed Mindy Meads to its board of directors. Meads previously served as co-CEO of Aeropostale and president and CEO of Victoria’s Secret, among other executive posts in a 35-year apparel retail career. She also serves on the board of Wet Seal.

  • Stages Stores Q1 loss widens

    Houston -- Stage Stores reported a loss of $6.9 million for the first quarter, compared with a loss of $418,000 for the year-ago period, as the retailer dealt with cool weather that put a damper on sales of spring apparel.
     
    "The unseasonably cool weather in March and April, particularly when compared to last year's warm spring, strongly impacted our sales performance," president and CEO Michael Glazer said.

    Revenue rose 4% to $378.6 million from $365.7 million. Same-store sales inched up 0.7%.
     

  • Bloomingdale’s to make Hawaiian debut

    New York -- Bloomingdale’s plans to open a 167,000-sq.-ft., three-level store at the Ala Moana Center in Honolulu in fall 2015. It will be the retailer’s first location in the state of Hawaii.

    The new store will be part of a redevelopment of a portion of Ala Moana, by GeneralGrowth Properties. Construction will begin in 2014. The upscale chain of department stores, owned by Macy’s, will join a Macy’s store which already operates at the shopping center.

  • Fixtures Living to open at Oakbrook Center

    Chicago -- General Growth Properties said that its Oakbrook Center property in Chicago has welcomed Fixtures Living, an experiential showroom concept based in San Diego.

    The Oakbrook Center store is the company’s first outside of California. It is slated to open in spring 2014 and will be Fixtures Living's fifth overall and the second one situated within a luxury retail center – the other being Glendale (Calif.) Galleria.

X
This ad will auto-close in 10 seconds