News

CHARLOTTE, N.C. — Belk is partnering with Project Runway’s 12th season to grow its brand. 

The family-owned and operated department store will be sponsoring this season's accessory wall, as well as a “Modern. Southern. Style.” design challenge that will feature a Belk executive as guest judge. This year's winning designer will have the opportunity to design and sell an exclusive line at Belk.

Long Beach, N.Y. – For five-store women’s specialty retailer Ooh La La Boutiques, maintaining strong customer awareness is critical for successfully competing with larger, more established brands in its crowded vertical. Add in the impact of Hurricane Sandy and its aftermath on this chain which is located in and around Long Island, and you have a business in need of personal connection with its customers.

MONROE, Mich. — La-Z-Boy has nominated Michael T. Lawton to serve a one-year term on the company's board of directors. La-Z-Boy shareholders will get to vote at the annual meeting, Aug. 21.

PITTSBURGH — GNC Holdings has elected former PetSmart CEO Robert Moran and former Midas CEO Alan Feldman to its board of directors.

"We are pleased to welcome Messrs. Moran and Feldman to the GNC board," stated Joseph Fortunato, GNC chairman, president and CEO. "Their extensive experience leading global consumer brands and retail operations, both domestically and overseas, and past experience as CEOs of retail businesses should add significant strength to our board as we execute our future strategies."

CONSHOHOCKEN, Pa. — Leading home furnishings retailer Ikea has extended its partnership with ECOtality, a clean electric transportation and storage technologies company, and plans to add 24 Blink electric vehicle charging stations across eight more locations in the United States.

CITY OF INDUSTRY, Calif. — Newegg, a leading electronics-focused e-retailer in the U.S., has launched a “flash sale” site, NeweggFlash.com.

Famous Brands International, parent company of TCBY Yogurt and Mrs. Fields Cookies, has appointed interim CEO Neal Courtney as the company’s CEO. Neal had been serving as interim head since February, when then-CEO Tim Casey resigned his post.

For years, doomsayers have been predicting the end of brick-and-mortar shopping in favor of the more convenient – albeit two-dimensional – online store experience.

Call me an optimist, but I’ve never bought into the gloom-hype. My feeling has been that brick-and-mortar stores will always be around, and malls (whether open-air or enclosed or flavor-of-the-day format) will survive. A recent announcement by Staples only underscores my optimism.