Management

Marimekko, a Finnish design company renowned for its original prints and colors, announced that Creative Director Anna Teurnell has stepped down from that position. Teurnell joined Marimekko in 2014 to reinforce the international competitiveness of the company's design management, with special focus on building the ready-to-wear line as the lifestyle brand’s spearhead. Additionally, Rebekka Bay…

After reporting another quarter of losses on Wednesday, Crocs Inc. is shaking up its top leadership and closing stores. Gregg Ribatt will step down as CEO on June 1, and Andrew Rees will take on the dual title of president and CEO. Rees, who joined Crocs as president in 2014, previously led L.E.K. Consulting’s retail and consumer products practice…

Shutterfly Inc., the leading manufacturer and online retailer of high-quality personalized photo products and services, today announced it has appointed Michele Anderson as senior vice president, retail. Anderson will guide the development and execution of Shutterfly’s consumer growth strategy across its many product categories, both in its core business and in new categories over time.…

In a keynote session yesterday at eTail West in Palm Springs, Calif., Fred Argir, vice president and chief digital officer at Barnes & Noble, discussed how a change in the company's mind-set is helping the bookseller to transform its digital commerce business. The struggles of booksellers, Barnes & Noble included, has been well documented over…

Our coverage of Total Retail’s first annual Salary Benchmark Report continues this week as we take a look at what financial benefits retails executives are getting from their companies. As a reminder, the Salary Benchmark Report was produced based upon the responses to an online survey that was sent to Total Retail’s audience over a two-week period last summer. Survey questions…

Just one day after Wal-Mart announced its plans to cut grocery prices, Target said it will spend $2 billion this year and a total of $7 billion over three years to get more people into its stores. The plans include initiatives such as remodeling stores, launching more private label brands, price reductions and opening more small…

Women’s apparel retailer BCBG Max Azria Group LLC sought Chapter 11 protection Tuesday. The company said that its Chapter 11 case could take the form of a stand-alone restructuring, a sale or a merger. It hopes to complete the process in the next six months. In the meantime, stores will remain open — the retailer has lined…

According to announcement first made on Instagram on Feb. 28, Natalie Massenet has announced that she will be taking up the position of non-executive co-chairman at the fashion e-commerce platform Farfetch, effective immediately. The news comes nearly a year-and-a-half after Massenet’s surprise exit from Net-a-Porter, the fashion e-tailer she founded in 2000, ahead of its…

JackThreads, the online men’s retailer that was once part of the digital media company Thrillist, has been in talks to sell the company after its most recent reincarnation failed, according to multiple sources. The e-commerce site got its start as a flash-sale site, selling men’s streetwear at heavy discounts in limited quantities. But last year it…

Family Christian, the biggest U.S. Christian bookstore chain, said on Thursday it was going out of business and planned to close its 240 stores across 36 states. The chain filed for Chapter 11 bankruptcy in February 2015, with more than $120 million in debt in the face of a sales slump amid growing competition from online…