News

Levi Strauss has added Jenny Ming to its board of directors. Ming is president and CEO of Charlotte Russe, a specialty retailer of apparel and accessories catering to young women, with more than 500 stores across the US, a position she has held since October 2009.

Neuhausen, Switzerland -- Tyco Retail Solutions has announced positive results from its RFID pilot with Chico’s FAS. With focus on evolving its omnichannel retailing strategy, Chico’s partnered with Tyco to address inventory accuracy and visibility challenges in 13 Soma Intimates pilot locations.

Continued softness in mall traffic and lower-than-expected sales from its September fashion show have prompted Christopher & Banks to cut its sales forecast for the third quarter of fiscal 2014.

Scott Fenwick, Manhattan Associates

For the average consumer, the holiday season probably seems far away. As we recover from back-to-school mayhem, holiday shopping lists are not likely to be top of mind. Very soon, however, decorations will begin creeping onto store shelves, and seasonal commercials will make their first appearances during our favorite TV shows.

PepsiCo has appointed Tony West EVP of government affairs, general counsel and corporate secretary, effective Nov. 24. He succeeds Larry Thompson, who is retiring after almost a decade of service.

New York -- Cautious spending and economic realities that are bifurcating the American holiday shopper into two distinct segments are two of the 10 trends that are expected to drive the 2014 holiday shopping season, according to a new report from PwC US and Strategy.

The 2014 holiday shopping season will be characterized by cautious spending, while economic realities create one of two American holiday shoppers — survivalists and selectionists — according to a new report released Tuesday from PricewaterhouseCoopers U.S. and Strategy, titled "2014 Holiday Outlook: Top trends, consumer behaviors and implications for retailers."

Houston - Stage Stores Inc. has entered into an amended and restated $350 million senior secured revolving credit facility that will mature on Oct. 6, 2019. The credit facility replaces the company’s former $250 million senior secured revolving credit facility, which was set to mature on June 30, 2016.