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Aerosoles taps former Children’s Place exec as EVP, retail
Kevin Mead, the former SVP, director of stores for the Children's Place, has joined the senior team at Aerosoles as EVP, retail reporting directly to CEO Jules Schneider. Mead will lead the strategic direction, ongoing expansion and operations of Aerosoles retail and outlet locations.
Aerosoles has brought in Mead to spearhead for the retail division the company’s growth strategy, following its recent partnership with Palladin Consumer Retail Partners (PCRP). -
Lumber Liquidators cuts store openings, fiscal outlook on poor Q2 sales
Toano, Va. – Lumber Liquidators reported a 7.1% decline in same-store sales and reduced its outlook for new store openings and earnings in a business update for the second quarter of fiscal 2014. Net sales for the quarter grew 2.3% to $263.1 million, from $257.1 million in the second quarter of 2013, well below Wall Street estimates of $303 million.