News

Head merchant at Cabela's is stepping aside
Sporting goods retailer Cabela’s is making some changes in its executive leadership.

The company announced that Brian J. Linneman, EVP and CMO, will transition from his current position and become a strategic adviser to the company.
QVC adds some hipster cred with acquisition
QVC just gained some credibility among hipsters and millennials by buying a popular Internet flash sale site that caters to those younger shoppers.

QVC buys struggling online retailer for $2.4 billion

Englewood, Colo. – Home shopping retailer QVC is expanding its omnichannel reach. QVC parent company Liberty Interactive Corp. is purchasing struggling online retailer Zulily Inc. for $2.4 billion in cash and stock.
Walgreens' Wasson receives lifetime achievement accolade

Former Walgreens president and CEO Greg Wasson became the chain drug industry’s first executive to receive the Grocery Manufacturers Association’s highest honor.
Cost Plus World Market, New York City
Study: Teen girls get social for back-to-school

New York – Teen girls are known for being social, and they are staying true to form for the back-to-school season. According to a study of 1.035 teen girls by Teen Vogue and the International Council of Shopping Centers (ICSC), 75% of respondents will use their smartphone to seek out back-to-school inspirations and ideas.
Stanbery Development names former retailer as new construction lead

Bexley, Ohio -- Stanbery Development said it has named former Jos. A. Bank exec Stephen E. Gallant as director of construction and tenant coordination as it returns to active development of shopping centers. Gallant's experience includes responsibility for numerous retail design concepts as well as associated rollouts of new stores ranging from 850 sq. ft. to 250,000 sq. ft. Most recently, Gallant managed real estate portfolios and retail tenant construction projects for Skye Group and The Stanchion Group, respectively. As VP of facilities management for Jos. A.
Kohl's is hitting the runway at New York Fashion Week

A week after reporting disappointing sales growth for the second quarter, Kohl’s launching another exclusive celebrity fashion collection that aims to appeal to the millennial shopper.
Grants help kids cross the Finish Line

Athletic wear retailer the Finish Line is investing in the health, well-being and special needs of children with thousands of dollars in grants.

The Finish Line Youth Foundation is awarding $77,258 in grants to help organizations that focus on healthy lifestyles, youth development and special needs.
Cornell's revamp of Target leadership continues

CEO Brian Cornell isn't done retooling the executive leadership team at Target Corp.: The retailer now has a new COO and CFO.

Target has promoted current CFO John Mulligan to the newly created role of executive vice president and chief operating officer, effective Sept. 1. Mulligan will assume oversight of stores, supply chain and properties. Joining Target as executive vice president and chief financial officer will be Cathy Smith, a seasoned retail business leader. Both Mulligan and Smith will report to Cornell.