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Restoration Hardware today announced the rebranding of the company to RH, reflecting the current positioning and future direction of the brand. Gary Friedman, RH creator and curator commented, "Today's RH is a far cry from the hardware and nostalgic discovery item-based business it once was. Currently, we circulate four source books twice yearly, RH Home, RH Big Style Small Spaces, RH Outdoor and RH Baby & Child totaling over 1,400 pages of inspired design."
WOONSOCKET, R.I. — CVS Caremark has appointed Thomas Moriarty as EVP and general counsel of CVS Caremark. Moriarty most recently served as general counsel at the Celgene, a biopharmaceutical company, where he was responsible for global legal strategy...
Delray Beach, Fla. -- Starboard Value disclosed on Monday that it has taken a 13.3% stake in Office Depot. According to a report by Reuters, the activist hedge fund now becomes the office supply retailer’s biggest shareholder. In a letter to Office...
Bellevue, Wash. -- Eddie Bauer LLC said Monday it has named Daniel E. Templin as COO and CFO of the company. Templin was previously CFO for VF Outdoor, which includes brands such as The North Face, Vans, JanSport and Timberland. Eddie Bauer also...
Minneapolis -- A filing with the Securities and Exchange Commission revealed that Best Buy Inc. CEO Hubert Joly has sold $1.19 million worth of shares of common stock of the company. Joly sold 65,796 shares at a price of $18.02 per share, according to...
NEW YORK — Brooks Brothers will continue to expand its Black Fleece and Flatiron concepts with additional retail stores and in-store shops this fall. In an interview...
ATLANTA , Sept. 13, 2012 /PRNewswire/ -- The Home Depot ® today announced it is closing its remaining seven big box stores in China as the Company shifts its focus in that market to specialty stores and online offerings. (Logo:...
When Lehman Bros. filed for bankruptcy in September 2008, among the many claimants was office supply retailer OfficeMax Inc. (NYSE: OMX). The retailer had acquired a Lehman-backed note for $817.5 million in connection with the sale in 2004 of some...
Hoffman Estates, Ill. -- Sears Holdings disclosed in a regulatory filing that "because we believe that the company has substantial liquidity and financial flexibility," the company has elected to contribute an additional $203 million to its domestic...
NIWOT, Colo. — Casual footwear brand, Crocs, has announced that Dale Bathum has been appointed chief product officer, Mike DeBell has been named chief sales officer and Doug Hayes has taken the role of president of the Americas market. As chief product...