Management
Hudson's Bay Co. (HBC) said this week it will eliminate about 2,000 positions as part of restructuring efforts. MarketWatch reports the Canadian retail corporation, which also owns Saks Fifth Avenue, Lord & Taylor, and Gilt, had announced plans to review it operations in late 2016, saying it needed to be prepared to meet the challenges…
In episode 96 of Total Retail Talks, recorded at our live podcast event in Chicago earlier this spring, Daniel Alarik, founder and CEO of Grunt Style, an online retailer of patriotic apparel, discusses his unique career path, from a drill sergeant in the U.S. Army to the head of an online retail company. In addition,…
Billabong International Limited announced this week the appointment of Jim Howell as chief financial officer, succeeding Peter Myers, who has served in the role since January 2013. Howell has spent the last 10 years leading the finance and treasury division at Nordstrom, where he oversaw significant cost management improvements, capital management and growth initiatives. He played a…
Yasir Anwar has been promoted to the role of executive vice president and chief technology officer by Macy’s Inc. In this new role, Anwar will oversee all technology functions for Macy’s. Anwar will drive the alignment of Macy’s technology efforts with the company’s strategy. He will be responsible for the teams that build the end-to-end…
Lee Jeans, a leading American denim brand owned by VF Corporation, recently announced the appointment of Chris Waldeck as president of Lee and Rock & Republic. Waldeck joins Lee from Reebok International Ltd., where he was most recently vice president and general manager. In this role, he was responsible for brand marketing, merchandising, public relations, finance, operations…
Lee Jeans, a leading American denim brand owned by VF Corporation, recently announced the appointment of Chris Waldeck as president of Lee and Rock & Republic. Waldeck joins Lee from Reebok International Ltd., where he was most recently vice president and general manager. In this role, he was responsible for brand marketing, merchandising, public relations, finance, operations […]
J.Crew chief executive and chairman Mickey Drexler is leaving his position as CEO after 14 years in the role. Drexler will be succeeded by West Elm CEO Jim Brett, the company announced Monday. Drexler will remain chairman of J.Crew. Last year, the retailer's total sales fell 6 percent, and same-store sales dropped 8 percent after decreasing 10 percent…
Brand licensor Marquee Brands LLC is leading a consortium that's preparing a bid for BCBG Max Azria Group LLC, which would allow the U.S. fashion house to exit bankruptcy with 15 to 20 stores, according to a report published in Business of Fashion today. BCBG, which is owned by investment firm Guggenheim Partners, filed for bankruptcy…
A report released last week accuses Wal-Mart of routinely refusing to accept doctors’ notes and penalizing workers who need to take care of an ailing family member. The report was filed with the employment commission by a worker's group called A Better Balance on behalf of Arleja Stevens, a Wal-Mart employee who said she was…
Staples has a new chief marketing officer. Michelle Bottomley has been appointed as the office supplies retailer’s CMO, and will be responsible for helping to promote the company’s pivot to focusing on its North American delivery business. Prior to joining Staples, Bottomley was global chief marketing and sales officer…