Management

Beatrice Lafon, chief executive of Claire's Stores, the teen accessories retailer, has resigned and been replaced by a current member of the board, according to a Securities and Exchange Commission filing. Lafon also quit the board of directors of the company, which has been controlled by New York-based private equity firm Apollo Global Management since 2007.…

J.C. Penney, faced with unexpected light sales in mid-April, slashed payroll, froze overtime and took other drastic cost-cutting steps in an attempt to protect its bottom line, The Post has learned. As the end of its first fiscal quarter approached, the mid-priced department store told store managers to take the emergency measures because the chain faced…

Two key members of Under Armour's senior management team will be leaving the company, including the heads of merchandising and digital fitness. Henry Stafford, chief merchandising officer, will leave Under Armour in July after six years with the company, the company announced Tuesday. Robin Thurston, chief digital officer, also will leave in July. Thurston, a founder of…

Health and wellness retailer GNC on Monday said the company’s board was weighing strategic alternatives, including a potential sale, and has hired Goldman Sachs as a financial adviser to assist in the process. “After careful consideration, including discussions with a range of shareholders, we believe it is an appropriate time to undertake a comprehensive review of…

Trish Mueller has stepped down as chief marketing officer at Home Depot after nearly seven years with the Atlanta-based company. Director of Corporate Communications Stephen Holmes confirmed to Adweek that Mueller announced her resignation approximately two weeks ago and that she's been replaced by president of online operations Kevin Hofmann, who will hold both titles.

There's no question that Federica Marchionni has put her stamp on Lands’ End. There is, however, sharp debate about whether that's been a good thing. Brought in to polish the lackluster performance of the classic-clothing retailer, Marchionni — described by supporters as tough and visionary, by detractors as cutting and headstrong — has indeed shaken things…

Don and Jin Sook Chang, the billionaire owners of Forever 21, seemed to have it all in recent years — a happy marriage and one of the hottest retail chains in the country. Now both may be on the rocks. The fast-fashion retailer, which for years was busy opening ever-larger stores around the globe, is late paying…

Wednesday was Ed Crenshaw's last day on the job as CEO of the largest employee-owned grocery chain in the United States. And everyone wanted a picture with him. Dozens of Publix employees cheered and applauded Crenshaw as he walked up to greet them at Calvary Chapel in Fort Lauderdale, where about 150 employees volunteered to unload trucks…

After decades as one of the biggest names in the bookselling industry, Leonard Riggio, executive chairman of Barnes & Noble, has decided to take a step back. In a recent interview with The Wall Street Journal, Riggio said he would step down as executive chairman after Barnes & Noble’s annual meeting in September. The 75-year-old, who…

Luxury retailer Coach said Tuesday it will cut more than 300 jobs, or 2 percent of its global workforce, as part of efforts to boost efficiency. The company said it expects to incur pretax charges of $65 million to $80 million in the current quarter as part of the cost cutting, which is designed to achieve…