Management

Tandy Leather CEO Resigns; Interim Named
February 10, 2016 at 12:04 pm

Tandy Leather Factory Inc. announced Tuesday the resignation of its CEO Jon Thompson. He's also stepping down from Tandy’s board of directors, the company said in a news release. Thompson joined Tandy in 1980 and has served in a variety of positions. He was promoted to president and COO in June 2008 and before being named…

The Top Women in Retail
February 9, 2016 at 10:56 pm

Total Retail's sixth annual list of the leading female executives in the retail industry The 2016 list of the leading women executives in retail features some of the best and brightest minds in the industry. This year's honorees were chosen for being in a top-level position within a retail organization, along with several…

The 15 Richest People in Retail
February 8, 2016 at 10:57 am

Retail is an enormous and profitable industry. Global sales were projected to top $24 trillion in 2015 and are expected to grow another 3.2 percent this year, making the magnates who run the sector's largest companies even wealthier. We recently released our list of the 50 richest people on earth based on data from Wealth-X, which…

Nasty Gal Cuts 10 Percent of Staff
February 5, 2016 at 11:48 am

Online fashion retailer Nasty Gal has laid off 10 percent of its staff, as the purveyor of edgy women’s clothing cuts costs amid an uncertain financing and retail environment. CEO Sheree Waterson told the company in an email that the cuts were necessary as the “market in which we operate is changing, both in retail broadly…

J.C. Penney Considering Sale of its Headquarters
February 5, 2016 at 11:31 am

J.C. Penney is pursuing a possible sale and partial leaseback of its headquarters building in Plano, Texas as part of an ongoing effort to reduce debt and manage expenses. CBRE Capital Markets is representing Penney. New owners will also own part of the huge Legacy West project under construction next door that will include the…

Let's Hear it for the Women!
February 3, 2016 at 3:54 pm

The Winter 2016 issue of Total Retail contains our annual list of the Top Women in Retail. We’ve been compiling this list for six years now (I know, hard to believe), and this year, as in years past, we’re featuring senior-level women at retail brands who have helped their companies survive and grow despite the ever-evolving industry and a less-than-stellar economic climate over the years.

Home Depot Hiring 80,000 Workers for Spring Push
February 3, 2016 at 9:44 am

Home Depot is hiring more than 80,000 temporary workers nationwide for its big spring push, the company said Wednesday. Unlike other retailers that go on a hiring spree around the Thanksgiving and Christmas holidays, the home improvement industry sees its greatest business when plants start growing and consumers think about lawn mowers and landscaping. More than half…

Kate Spade Founders Talk New Accessories Brand
February 1, 2016 at 10:42 am

Here’s something you might not know: In 1993, when Kate Valentine and Andy Spade founded the quirky fashion company, they weren’t yet married and Kate went by her maiden name, Brosnahan. The idea was to combine Kate’s first name and Andy’s last — much to Kate’s mother’s dismay. Years later, when they launched the men’s…

Birchbox Cuts 15% of Staff Amid Tech Startup Belt-Tightening
February 1, 2016 at 10:30 am

Birchbox Inc., a startup that sells subscriptions for personalized beauty samples, said it’s cutting 15 percent of staff and suspending operations in Canada. The cutbacks, which affect 45 people out of a staff of 300, are the latest sign that technology startups are struggling to create sustainable businesses as venture funding begins to cool.