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BCBG Plans to Close Stores, Concentrate on Digital
January 20, 2017 at 9:27 am

BCBG Max Azria Group Inc. is planning to close stores and restructure as the company deals with a debt burden. Bloomberg reports that BCBG will reduce its focus on brick-and-mortar and, instead, focus on e-commerce and selling through other retailers. The fashion retailer operates more than 570 stores worldwide and more than 175 in the…

American Apparel Laying Off 2,400 Employees
January 19, 2017 at 10:33 am

American Apparel is beginning to wind down operations. The company is laying off roughly 2,400 employees after Gildan Activewear got the green light last week to buy some of American Apparel’s assets. Gildan, however, didn't agree to buy American Apparel's 110 stores or manufacturing facilities. The job cuts at the company’s Los Angeles headquarters and…

Nine West Holdings Acquires Kasper Group
January 19, 2017 at 10:29 am

Nine West Holdings, Inc. announced this week that is has entered an agreement to acquire Kasper Group, an affordable, wear-to-work clothing retailer for women. Its apparel is sold under the flagship Kasper as well as other brands such as Anne Klein and Evan-Picone. "The Kasper Group is a profitable wholesale business that we anticipate will make…

Former Sara Lee CEO and Advocate for Working Mothers, Brenda Barnes, Dies at 63
January 18, 2017 at 5:12 pm

Former Sara Lee CEO Brenda Barnes, who became one of the highest-ranking women in corporate America, passed away Tuesday, her family confirmed. The Wall Street Journal reported Tuesday that Barnes, who lived in Naperville, Ill., suffered a stroke over the weekend. She was 63 years old. Barnes sparked a very public debate about work/life balance…

What Financial Benefits Are Retail Executives Receiving
January 18, 2017 at 5:05 pm

As part of our continuing coverage of Total Retail’s Salary Benchmark Report, this article focuses specifically on the financial benefits that C-suite retail executives — CEO/president/founder; chief marketing officer; C-level exec other than CEOs and CMOs; and vice president — are receiving. Specifically, the survey asked respondents which of the following financial benefits were part of…

Top Women in Retail 2017: Liz Rodbell, President, Lord & Taylor and Hudson’s Bay
January 18, 2017 at 4:51 pm

What do you enjoy most about working in the retail industry? I have a tremendous sense of pride being the president of Lord & Taylor, the longest running department store chain in the U.S., and being president of Hudson's Bay, which was founded almost 350 years ago as a fur trader in Canada and is…

Tuesday Morning President and COO Resigns
January 18, 2017 at 3:46 pm

Melissa Phillips has resigned from her position as president and COO of home furnishings retailer Tuesday Morning. The COO position has been eliminated and CEO Steven Becker is stepping in as president. Phillips was with Tuesday Morning for two years, and previously served in leadership roles at Home Depot’s Home Decorators Collection and lifestyle brand…

Christopher & Banks CEO LuAnn Via Fired
January 18, 2017 at 12:02 pm

LuAnn Via was CEO of Christopher & Banks for the past four years, but on Tuesday, a recently overhauled board of directors fired her after sales took an unexpected downward turn during the holidays. Via was hired from Payless ShoeSource in November 2012, and will be leaving Christopher & Banks with a $850,000 severance, an…

The Limited Stores Files for Bankruptcy
January 17, 2017 at 12:23 pm

The Limited, which has already shuttered its once ubiquitous stores, took another major step Tuesday toward fading from the retail landscape by filing for bankruptcy protection. Citing its declining financial performance, the Ohio-based women's clothing company filed for Chapter 11 protection in the U.S. Bankruptcy Court for the District of Delaware. Before taking this latest step, the company had…

Wal-Mart to Create 10,000 U.S. Jobs
January 17, 2017 at 12:08 pm

Wal-Mart Stores Inc. said it plans to create about 10,000 U.S. jobs this year, a sign that even the country’s largest private employer feels the need to tout American job growth ahead of President-elect Donald Trump’s inauguration. The jobs will come from previously planned store openings, store expansions and new e-commerce services, the company said…

An Inside Look at Target's Technology Evolution
January 17, 2017 at 10:20 am

For traditional brick-and-mortar retailers like Target, shifting consumer behavior to more online shopping has caused them to have to re-evaluate their business models. No longer can stores be the single point of interaction between retailers and customers. Leveraging technology to meet the needs of today's digitally savvy consumers has become essential to retail success. In…

Lane Bryant, Justice Reorganize and Lay Off 60
January 16, 2017 at 10:44 am

Lane Bryant and Justice are laying off employees as part of a restructuring by the retailers’ parent company, Ascena Retail Group. About 30 employees will be laid off at each retailer, according to a statement that Ascena sent to employees. “While we’ve had to make some very difficult decisions that impact the people we care about,…

NRF Foundation Launches RISE Up, a New Job Training Program
January 16, 2017 at 9:34 am

The NRF Foundation announced yesterday at the retail trade association's annual Big Show event in New York City that it has brought together dozens of retailers and nonprofits to launch RISE Up (Retail Industry Skills & Education), a new training and credentialing initiative designed by the retail industry to help people acquire the skills they…

Lowe's Cutting Jobs, Shifting Employee Roles
January 13, 2017 at 9:37 am

Lowe’s Cos. is cutting thousands of jobs and shuffling thousands more around as it tries to adapt to shifting shopping habits. A source told MarketWatch that the home-improvement retailer plans to eliminate less than 1 percent of its workforce, or fewer than 3,000 jobs. Also, workers with “back-of-house responsibilities” will be shifted to consumer-facing roles,…

Fossil Lays Off Employees, Closes Stores
January 12, 2017 at 10:12 am

Fossil Group has laid off employees this week at its corporate headquarters in Richardson, Texas, according to The Dallas Morning News. The company didn't say how many employees were affected by these cuts. Company spokeswoman Ann Jane Draper said Fossil also has started closing stores — there are 284 locations in the U.S. Fossil reported a 70…

J.C. Penney CEO Says Store Closings Coming
January 12, 2017 at 10:03 am

J.C. Penney’s top executive Marvin Ellison said that the company is planning to close some if its 1,014 stores. He didn’t give specifics on when the store closings will occur or how many stores will be closing, but last year, J.C. Penney closed seven stores mostly in smaller markets. Ellison said at a Dallas real…

An Analysis of Retail Executives’ Salaries
January 11, 2017 at 5:29 pm

As part of our continuing coverage of Total Retail’s Salary Benchmark Report, this article focuses specifically on the salaries of C-suite retail executives — CEO/president/founder; chief marketing officer; C-level exec other than CEOs and CMOs; and vice president. The Salary Benchmark Report was produced after an online survey was sent to Total Retail’s audience over…

The Top Women in Retail 2017: Paula Schneider, CEO, DG Premium Brands
January 11, 2017 at 4:31 pm

Total Retail's Winter 2017 issue featured the publication's seventh annual list of the leading female executives in retail. There were 15 women honored on this year's list. We will bringing you individual profiles of each woman, starting this week with Paula Schneider, CEO of DG…

Sonos CEO Steps Down After 14 Years
January 11, 2017 at 3:03 pm

John MacFarlane, Sonos’ CEO and co-founder, has stepped down from his position and resigned from the company’s board of directors. He will, however, remain with Sonos to work on other projects and act as a mentor to employees. Former president and chief commercial officer Patrick Spence will take over as CEO. This is the latest…