Data & Analytics

Bebe stores has brought back its founder and former CEO to lead a turnaround effort that includes a 15% reduction in its corporate workforce.

The troubled retailer announced that founder Manny Mashouf has rejoined its management team as CEO, replacing Jim Wiggett, who was hired less than two years ago. Mashouf previously served as CEO from the company’s founding in 1976 to 2004, and then again from 2009 until the beginning of 2013, when he stepped down and became non-executive chairman.

Two of the nation’s leading retail companies, Target and Under Armour, are on board to offer dynamic presentations at the upcoming SPECS conference in Dallas.

Go behind-the-scenes with Target as the retailer reviews its new Open House concept, and details how a decidedly non-conventional retail space has upped the innovation ante while also providing a testing ground for future in-store innovations on a broader scale.

Members of Target Corp.’s senior leadership team including CEO Brian J. Cornell, chief marketing officer Jeff Jones, and chief creative officer Todd Waterbury attended the recent TED Conference in Vancouver. In a post on the Target Bullseye Blog, the executives describe learnings such as the importance of empowering dreamers, the power of trust and reputation in social business, and why originals choose different Web browsers than everybody else.

The combination of 80 new stores and a 20% increase in e-commerce is expected to drive double digit growth of VF corp.’s business in 2016.

Los Angeles -- CBRE Group announced that Mark Hunter has joined the company as managing director of retail asset services, the Americas. Hunter will assist CBRE in expanding its industry services for third party management of retail properties further into the mall sector. He will lead CBRE’s offering of services such as asset management, leasing, accounting, consumer marketing and development for malls generally exceeding 500,000 sq. ft.

Demand for shares of Ollie’s Bargain Outlet is such that the retailer has increased the size of a secondary offering.

Photo: Doug McMillon, president and CEO, Wal-Mart Stores, Inc.

The commercial real estate community is somewhat of a paradox. For an industry that is literally built on the premise of creating new and exciting destinations, there is a tendency to do things the way they have always been done.