Management
May 24, 2017 at 10:19 am
J.C. Penney announced yesterday that Marci Grebstein is joining the company as chief marketing officer. Grebstein will be executive vice president and CMO after spending the last two years at Lowe’s. At Lowe's, Grebstein was chief marketing officer, and she has held several advertising and marketing positions. Her previous experience includes executive positions with Food Lion…
May 18, 2017 at 11:53 am
For the second straight year, Total Retail has tracked the year-over-year net earnings for our Top 100 Fastest-Growing Retailers, and ranked them accordingly. Pair this earnings research with our ranking of the top 100 publicly traded retailers based on year-over-year net sales to get a more in-depth view into not only which retailers are growing sales,…
May 18, 2017 at 7:23 am
Amazon.com may be entering the multibillion dollar pharmaceutical dispensing business, at least according to a report published by CNBC on Tuesday. According to the article, Amazon has reportedly hired a general manager whose sole role would be to help the online retailer explore how to formulate a strategy around the pharmaceutical market and ultimately lead…
May 17, 2017 at 1:32 pm
Ralph Lauren has named a new CEO. Patrice Louvet, formerly with Procter & Gamble for more than 25 years, will take over the recent void left by Stefan Larsson, who abruptly left after disagreements over creative decisions with company founder Ralph Lauren. Bloomberg reports Ralph Lauren signaled that Louvet's tenure may have a cooperative spirit,…
May 17, 2017 at 12:27 pm
Restoration Hardware (RH) announced this week that Sandra Stangl has been appointed to the position of president of news business development. Stangl will lead the development of future new business and growth strategies that will leverage RH’s proprietary multichannel platform. Restoration Hardware's Chairman and CEO Gary Friedman commented, “We are delighted to welcome Sandra to…
May 17, 2017 at 10:42 am
Ever wonder why American retailers began referring to the day after Thanksgiving as “Black Friday”? It’s the traditional start of the lucrative Christmas shopping season, when spiking sales push the annual bottom line of many stores into “the black,” reflecting a net gain, compared with “in the red,” where they operate for the rest of…
May 16, 2017 at 10:39 am
Total Retail is excited to present its seventh annual ranking of the 100 fastest-growing publicly traded retailers. This year’s list, as in years past, is based on companies’ year-over-year net sales growth, comparing the 2016 fiscal year to the 2015 fiscal year.
May 16, 2017 at 9:56 am
Jerome Griffith took over as Lands’ End CEO in March, and for the first time in that position he addressed the company at its shareholders meeting last week. He told those in attendance he is “extremely excited” about Lands’ End’s future. “The elements of success are here," Griffith said. “The company [does] over $1 billion…
May 12, 2017 at 10:06 am
Mary's Place, a nonprofit that temporarily converts unused buildings into shelters for women and families in need, will soon have a permanent home on Amazon.com's new campus in Seattle. The Seattle Times reports Amazon will devote half of one of the buildings to Mary’s Place — giving it a six-story, 47,000-square-foot shelter that will house more than…
May 11, 2017 at 10:28 am
Adidas announced this week that it will sell parts of its golf division for $425 million. Reports say the divestiture for the sports apparel company include TaylorMade, Adams Golf and Ashworth Brands, which will be offloaded to buyout firm KPS Capital Partners. The deal is expected to close in fall of 2017. "We welcome all…
