Management
July 26, 2017 at 3:06 pm
Stitch Fix, the fast-growing online retailer and personal styling service, announced last week that Julie Bornstein, the company’s chief operating officer for the past two-plus years, is leaving the company. The news comes as a bit of a surprise, as Stitch Fix is rumored to be filing an…
July 26, 2017 at 12:41 pm
J.C. Penney has named a new chief financial officer two weeks after its previous executive’s departure. Jeffrey Davis takes J.C. Penney’s executive vice president and CFO role effective immediately, the company announced Monday. He replaces Andrew Drexler, who served in the role on an interim basis following former…
July 19, 2017 at 3:44 pm
Below is part one of a three-part series that Total Retail Executive will be publishing over the next three weeks. Within the last two years, there has been a proliferation of analysis about millennials and what motivates them, how they perform in the workplace and what their impact is on workforce culture. This always includes…
July 19, 2017 at 12:37 pm
The National Retail Federation (NRF) announced today that Macy’s Executive Chairman Terry Lundgren has been elected chairman of the NRF board of directors. Lundgren replaces former HSNi CEO Mindy Grossman, who resigned from the board after leaving retail to head Weight Watchers. In addition, four new members…
July 19, 2017 at 12:15 pm
Starbucks has tapped Lucy Helm, an 18-year veteran with the company, for the role of chief partner officer. Helm had been serving in the role on an interim basis before the announcement. Starbucks refers to its employees as “partners,” and its partners haven't been happy with staffing at store…
July 18, 2017 at 10:41 am
Signet Jewelers, Ltd., the world’s largest retailer of diamond jewelry, has named Virginia “Gina” C. Drosos as its new CEO, effective August 1. She will replace Mark Light, who served as CEO since October 2014. Light, who has been an executive at Signet for more than 35 years, is retiring due to “health reasons,” according to…
July 17, 2017 at 12:36 pm
Alfred Angelo, one of the nation's largest bridal apparel and accessories retailer, shuttered operations and filed for chapter 7 bankruptcy protection on Friday. MarketWatch reports the Florida-based retailer closed doors to some stores without fulfilling all orders, leaving many brides-to-be scrambling over the weekend to reclaim deposits or scrape up more money to find another gown.…
July 13, 2017 at 10:43 am
Tiffany and Co. announced this morning that it has named Alessandro Bogliolo as its next CEO and newest board member. Bogliolo will start Oct. 2. For the past four years, he served as CEO of Diesel SpA, a global apparel and accessories company. Bogliolo also worked at luxury jewelry retailer Bulgari as chief operating officer and executive…
July 12, 2017 at 11:51 am
Hudson’s Bay Company’s Chief Financial Officer Paul Beesley is remaining with the company while it searches for his replacement. Beesley was set to exit HBC, which operates Hudson's Bay, Lord & Taylor, Saks Fifth Avenue and other chains, last week. Back in March, Hudson’s Bay was reportedly in talks to acquire luxury retailer Neiman Marcus Group,…
July 12, 2017 at 11:47 am
Barnes & Noble Inc. announced this week that Carl Hauch has been named vice president of stores, effective immediately. In his new role, Hauch will be responsible for the entire retail store organization and profitable growth of the business, driving sales, training, developing talent and recruitment. “I'm excited about Carl’s addition to our management team,”…
