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Sales & Marketing

  • Zale makes executive appointments

    Dallas -- Zale Corp. announced that Jeannie Barsam has been named senior VP merchandise planning and allocation. She was most recently senior VP planning, allocation and company planning for Charlotte Russe.

    In other appointments, Zale named Toyin Ogun as senior VP human resources and customer service. Prior to that, he was senior VP human resources, L.L. Bean.

  • Walmart continues to accumulate awards

    The National Governors Association named Walmart the recipient of its annual Public-Private Partnership Award at the closing of its 2011 Winter Meeting. The award is now in its fifth year and honors companies that have partnered with a governor's office to implement a program or project that positively affects the state's citizens. Walmart was nominated by Arkansas Gov.

  • Collective Brands narrows loss in Q4

    Topeka, Kan. -- Collective Brands, the parent company of Payless ShoeSource, said Wednesday that its net loss narrowed slightly in the fourth quarter as sales improved in its wholesale unit. The performance beat Wall Street expectations.

    For the three months ended Jan. 29, Collective Brands lost $10.1 million, compared with a loss of $10.9 million in the year-ago period.

  • Tiffany's get new leader for overseas markets

    DUBAI -- Tiffany and Co. announced it has named Frederic Cumenal as EVP effective March 10. Cumenal will be responsible for the company's businesses in Asia, Japan, Europe and emerging markets, and will report to chairman and CEO Michael Kowalski.

    Cumenal joins Tiffany from the LVMH Group where most recently he was president and CEO of Moet and Chandon, S.A.

  • Edens & Avant makes executive appointments

    Columbia, S.C. -- Edens & Avant has announced the promotion of Carol Hall to VP portfolio management. In her new position, she will be responsible for creating value through the delivery of technology-enabled process and analytical tools to the investment management, property management and leasing teams.

  • Warehouse sector a quarterly bright spot

     ISSAQUAH, Wash. and WESTBOROUGH, Mass. -- The past three-months were favorable to the warehouse sector, as both Costco and BJ’s Wholesale reported quarterly results that were in-line with or beat analysts’ expectations.

  • Ascena Retail Group’s Q2 income nearly doubles

    Suffern, N.Y. -- Ascena Retail Group's fiscal second-quarter net income nearly doubled to top expectations, buoyed by solid results at its Justice stores.

    The company, formerly The Dress Barn, reported net income of $42.5 million for the quarter, up from $21.7 million last year.

    Revenue for the period ended Jan. 29 was up 27% to $752.2 million, better than the Street's $716.2 million estimate. Same-sale sales rose 9%.

  • Economy and weather little help at Big 5

    EL SEGUNDO, Calif. -- The weak sales and profits reported Wednesday by West Coast sporting goods retailer Big 5 weren’t a surprise, as the company had warned Wall Street more than a month ago that financial results would be below expectations. 

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