Jane Elfers
Jane Elfers has delivered several years of industry-leading shareholder returns since joining The Children’s Place as president and CEO in 2010. But how did she do it, especially since the company had been on a downward trajectory for several years when she joined? According to a discussion Elfers had with Robin Lewis, CEO, The Robin Report during a Retail Marketing Society breakfast event in New York City on May 2, the key was a strategic plan she created with with four specific pillars: superior product, business transformation through technology, alternate channels of distribution, and fleet optimization. During the discussion, Elfers detailed each of the pillars.
The Children's Place president and CEO Jane Elfers focused on the positive following decreases in net and comparable-store sales for the third quarter, despite the company’s reportedly strong...
The Children's Place announced that it's signed a 10-year franchise agreement with Fawaz A. AlHokair & Co. SJSC, known as "Fashion Retail," to open stores across Saudi Arabia. The first two stores are scheduled to open during the second quarter of 2012. Jane Elfers, president and CEO of The Children's Place, stated, "We are very excited to begin our international expansion beyond North America with a number of stores opening in Saudi Arabia this year."