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Wet Seal Fires CEO as its Sales Sink
July 23, 2012

As sales declines deepen, teen retailer Wet Seal is firing CEO Susan McGalla without a replacement for her. McGalla had been Wet Seal's CEO since January 2011, and had signed an employment contract with the company through August 2014. Her departure is effective immediately, and the company said Monday that it's starting a search for a new CEO. In the meantime, the company's chairman, president and chief financial officer are overseeing Wet Seal.

GNC Holdings, Inc. Announces Board Changes
July 23, 2012

GNC Holdings, Inc. announced changes to its Board of Directors. Joseph Fortunato, the President and Chief Executive Officer of GNC, has been elected to serve as the Chairperson of the Board. Mr. Fortunato succeeds Norman Axelrod, who has resigned as Chairperson and as a member of the Board, positions Mr. Axelrod has held since March 2

Express announces 2013 flagship openings in NYC and San Francisco
July 23, 2012

Columbus, Ohio -- Express said Monday it will open two flagship stores in 2013 โ€“ one in Times Square in New York City and the other in San Franciscoโ€™s Union Square. The San Francisco store is slated to open in the summer and Times Square โ€“ at the corner of 46th Street and Broadway โ€“ is expected to open in the fall. โ€œThe age old mantra of 'location, location, location' was certainly at work in the selection of these two properties,โ€ said Michael Weiss, chairman, president and CEO of Express. โ€œThese flagships will โ€ฆ serve as a gateway to

Sheplers announces the Grand Opening of two new stores in Austin, Texas on July 21st - Press Releases
July 21, 2012

FRISCO, Texas , July 21, 2012 /PRNewswire/ -- Sheplers Inc., the world's leading provider of western apparel and footwear announces the Grand Opening of two new stores in Austin, TX on July 21st . The stores are located at the Capital Plaza Shopping Center at 5451 N. I-35 and Southpark Meadows Shopping Center at 9900 S. I-35. The stores open at 8:00am . "Sheplers is proud to serve the greater Austin community with two of the finest western wear stores in all of Texas ," said Bob Myers , Chief Executive Officer. "Sheplers has the largest selection

NC is test market for smaller Walmart Express stores
July 21, 2012

SNOW HILL -- At first glance, the Walmart that opened here last October looks like any other new Walmart you?d find around the state.It?s got the retailer?s ubiquitous yellow logo, a tan brick faรงade and silver floors. Once inside, however, Walmart customers are confronted with a store layout that runs counter to the retailer?s reputation for vastness. At 15,000 square feet, this Walmart Express is less than a 10th the size of the company?s massive SuperCenters, which can be 200,000 square feet or bigger. Walmart Expresses are popping up in rural towns across North Carolina as part of a

Sheplers announces the Grand Opening of two new stores in Austin, Texas on July 21st
July 21, 2012

The two stores range in size from 16,000-25,000 square feet offering the greatest selection of western wear apparel and footwear in Austin About Sheplers, Inc. Western wear and Sheplers has been synonymous for over 100 years. Sheplers is the world's leading provider of apparel and accessories for the country/western lifestyle including: traditional cowboy wear, fashionable western wear, country inspired casual wear and authentic work gear. Consumers have the ability to shop wherever and whenever it is convenient for them: in one of our 18 stores across the US, online 24/7 at Sheplers.com or via its extensive catalog offering. Sheplers

Michaels searches for new CEO
July 20, 2012

The nationโ€™s leading arts and crafts retailer is looking for a new top executive after John Menzer resigned to focus on recovery from a struck. After Menzer suffered a struck in April, Michaels created an office of the CEO comprised of Lew Klessel, interim COO and a managing director of Bain Capital, and Chuck Sonsteby, Michaelโ€™s chief administrative officer and CFO. The pair will continue to lead the company until Menzerโ€™s successor is hired. โ€œOur thoughts and prayers continue to be with John and his family during his ongoing recovery, said Matt Levin, managing director with Bain Capital Partners,

Q&A: Virgin Mobile CMO Ron Faris on Retail
July 20, 2012

This week, Virgin Mobile is opening its first branded retail outlet in Chicago's upscale Lincoln Park neighborhood. Unlike most wireless retail stores, the Virgin Mobile store presents a relaxed atmosphere, with comfortable chairs for customers to sit in while employees activate their new phones, charging stations, a phonograph where people are encouraged to play records (supplied by a neighborhood record store down the street). The feel, according to Ron Faris, Virgin Mobile's chief marketing officer, is more akin to that neighbor than of another big-box retailer further down the street.

The 2013 IKEA Catalog Goes Augmented Reality
July 20, 2012

Just like everyone else, we're eagerly awaiting the arrival of the new IKEA catalog. But the upcoming 2013 version will offer a version 2.0 upgrade from a mere print experience to one with augmented reality embedded to interact with your tablet and smartphones using a new IKEA Catalog App! More Read More...

Video: Petco Uses Analytics Tool to Improve the Customer Shopping Experience
July 20, 2012

Petco, a leading pet specialty retailer, deployed LP Insights to aggregate and analyze data from multiple customer touchpoints as well as gain a comprehensive understanding of customer sentiment across the online and in-store experience. Erin Smith, Petco's director of customer care, shares the retailer's success story.