Management
Kohl's Corp. lost a fight with a key technology executive Monday as a judge refused to stop her from taking a higher-paying job with an upscale retailer. Reserve Judge Robert G. Mawdsley said Kohl's hadn't shown that a noncompete contract covering former chief information officer Janet Schalk was likely to stand up under Wisconsin law.…
Fashion can be a fickle thing. Fads come and go. Sartorial tastes change. Even the ways we shop go in and out of style. “It’s really important to be willing to try new things,” says Susan Gregg Koger, co-founder and chief creative officer of ModCloth, the e-commerce site specializing in vintage-inspired fashions and accessories. Plenty…
Macy's may be a national go-to for accessible style, but it's explored more high-fashion territory multiple times before, like when it partnered with Made Fashion Week for an ongoing collaboration and with Karl Lagerfeld for a much-hyped capsule collection. But now, the retail giant is set to take on New York Fashion Week, with a…
Abercrombie & Fitch said on Friday that it would no longer require workers to be on call for shifts that may be canceled with little notice, after a regulator’s inquiry into the practice. The office of the New York State attorney general, Eric T. Schneiderman, said in April that it was investigating 13 large retailers…
Attention Target shoppers: Say goodbye to "girls' building sets" and "boys' bedding." The big box retailer announced Friday that it will start phasing out gender-based signage in some departments. The shift comes in response to customer feedback that distinguishing between products for girls and boys is unnecessary and maybe even harmful.
Petco announced several leadership changes including the addition of chairman responsibilities to CEO Jim Myer’s role. The company also named Brad Weston as president. According to Petco, Weston previously served as executive vice president, chief merchandising officer and president of Unleashed by Petco. A retail veteran, Weston joined Petco in October 2011 as executive vice president,…
To oversee international expansion, the Alibaba Group is turning to a former Goldman Sachs executive who has long worked with the Chinese internet giant. Alibaba on Tuesday named J. Michael Evans, who already serves on its board, as its president. The role is the biggest for Evans, an Olympic medalist rower who was once seen as a…
Hillary Clinton is still the presumptive favorite to become the Democratic nominee for the U.S. presidency. But high-powered friends of Starbucks’ CEO Howard Schultz are reportedly eager to anoint him as a challenger to Clinton. The 62-year-old CEO has been urged by supporters to join the Democratic primary, with friends “thinking the time is right for…
J.C. Penney has hired two executives with online and supply chain experience from Home Depot and Target. Michael Amend becomes executive vice president of omnichannel beginning Tuesday. Amend comes to Penney from Home Depot, where he was vice president of online, mobile and omnichannel and worked with Ellison. Mike Robbins, formerly the senior vice president of global…
A new chapter has begun at J.C. Penney. Marvin Ellison officially took over the reins from Myron "Mike" Ullman on Saturday, becoming the beleaguered retailer's third CEO in four years. J.C. Penney designed the transition to go as seamlessly as possible, especially after the messy ouster of former CEO Ron Johnson and return of Ullman in April…