News

Academy Sports + Outdoors is carrying on with its Midwestern expansion and plans to open four new stores across Indiana and Kentucky later this fall.

The first two locations — Evansville, Ind., and Owensboro, Ky., will mark Academy's entry into both states followed by the opening of stores in Louisville and Middletown, Ky., prior to the holidays. In total, the four stores will generate approximately 575 jobs.

San Diego – Nine-in-10 (91%) women conduct online research prior to making a purchase, and 92% are willing to pay more for competing products that receive positive online reviews. A new consumer survey from Interactions, “Retail Perceptions - The Power of Persuasion,” also found that 30% of women use a mobile device to conduct research and 37% of mobile users say they conduct research during their shopping trip.

A little more than a week since the Men's Wearhouse confirmed plans to acquire Jos. A. Bank, it is launching an omnichannel inventory program giving customers access to merchandise within its distribution center and its more than 900 retail locations from one spot.  

Iconix Brand Group has made changes to its executive management team.

Seth Horowitz has been promoted to chief operating officer. Jeff Lupinacci has been hired as CFO, and Rodney Hutton has been hired as EVP of the men's division.

Warren Clamen has resigned as CFO to pursue other opportunities, according to the company.

By Dave Richards, Accenture

We shop almost every day – picking something up at the drug store or buying lunch, clothes shopping or getting groceries, looking for a gift or checking out a promotion – and we are doing this on the way to work, at work, at night while watching TV, online, at a store and increasingly across mobile devices. There is one thing that unites consumers in all of these instances: we expect the experience to be unified, personalized, constant, connected and, above all, seamless.
 

Fremont, Calif. -- Men's Wearhouse is launching its omni-channel inventory program, which gives customers visibility and access to all merchandise within the company's distribution center and its 900-plus retail locations from one location. Now, regardless of whether a customer is shopping in a single store or online, they can see all merchandise available to them throughout the company and pick up any item at the store of their choosing.

Tiffany & Co. has appointed Ralph Nicoletti as its next EVP and CFO, effective April 2. He steps into the CFO role following current chief operating officer and CFO James N. Fernandez’s plans to retire in July.

Nicoletti will be based in New York and responsible for the company’s worldwide financial functions and information technology. He will report to chairman and CEO Michael J. Kowalski

A $325 million expansion underway at the Mall of America in Bloomington, Minn., promises to make the 4.2-million-sq.-ft. retail institution even more of a destination.