Management
June 14, 2017 at 5:02 pm
Hudson’s Bay Company (HBC) recently announced that Alison Coville has been named president of Hudson’s Bay. Coville will lead a management team responsible for directing operations for Hudson’s Bay and Home Outfitters in Canada. This structure will better position the banner to drive performance in Canada, which has consistently been one of the company’s strongest…
June 14, 2017 at 4:58 pm
Dollar Tree Inc. has promoted Michael A. Witynski to president and chief operating officer of the company’s Dollar Tree segment. Withynski will be responsible for merchandising, marketing and store operations for more than 6,200 Dollar Tree stores in the United States. A Dollar Tree veteran, Witynski has served as COO since July 2015, and he…
June 14, 2017 at 4:51 pm
Blue Nile, the diamond and fine jewelry retailer, has appointed Jason Goldberger as president and CEO. Goldberger has more than 20 years of experience in merchandising, digital innovation, marketing, and product management across leading retail organizations including Target, Gilt Groupe, Hayneedle, and Amazon.com. He mostly recently served as chief digital officer and president of Target.com,…
June 14, 2017 at 4:48 pm
Mindy Grossman has joined the board of directors of Fanatics, an online retailer of sports team apparel that’s backed by Major League Baseball and the National Football League. Grossman, the former CEO of HSNi and newly appointed CEO of Weight Watchers, has experience in the sporting apparel industry. She had a successful tenure with Nike.…
June 13, 2017 at 12:21 pm
If you’re an executive who has worked for a company that’s been around for a long time, congrats. The fact that your employer survived the tumultuous retail climate of 2008 and the digital disruption that has occurred since is to be applauded. Often in these organizations, we find team members who have proudly logged 20-plus…
June 13, 2017 at 9:02 am
Sears Holdings Corp. announced today that it will eliminate 400 full-time positions at corporate offices and in support roles. The department store chain said the majority of the positions will be at its Hoffman Estates, Ill. headquarters, but described the job cuts as global. Sears first eliminated job openings and reduced contract workers before making…
June 12, 2017 at 11:15 am
Amid efforts to improve its profitability, home improvement retailer Lowe’s said last week that it has laid off 125 corporate tech workers, primarily at its headquarters in Mooresville, N.C. Many of the affected information technology jobs are being sent to Bangalore, India, where Lowe’s employs approximately 1,000 people in IT and analytics. In a memo to…
June 12, 2017 at 11:02 am
Paris-based L'Oreal SA said Friday it has entered into exclusive talks to sell The Body Shop to Natura Cosméticos SA, after reviewing the strategic options for what has been its worst-performing business in recent years. Natura, Brazil's biggest cosmetics company, has made a firm offer that values The Body Shop at an enterprise value of 1…
June 12, 2017 at 10:43 am
Children's clothing chain Gymboree filed for Chapter 11 bankruptcy protection today after retaining a turnaround firm last month to assist with its operations. The children’s apparel retailer, which also announced the departure of Chief Financial Officer Andrew North, has been in discussions with lenders since the beginning of 2017 as it grapples with a heavy…
June 9, 2017 at 11:29 am
Ascena Retail Group announced it will close hundreds of stores over the next two years. CEO David Jaffe said 250 stores will be permanently closed by July 2019. ABC reports each Ascena Retail brand — Dressbarn, Justice, Lane Bryant, Catherines, Ann Taylor, LOFT, and Lou & Grey — may see some stores close. Jaffe also…
