Management

Shop.org Announces New Board of Directors Members
September 7, 2011

Shop.org announced the addition of six members to its board of directors and welcomed back three incumbents. The new and returning board members will meet for the first time as a group later this month at Shop.org's Annual Summit in Boston. Each newly-elected member will serve a two-year term. Shop.org is the digital division of the National Retail Federation, the world's largest retail trade group.

Blockbuster Canada Closes Remaining 250 Stores
September 6, 2011

Blockbuster Canada, which once operated nearly 400 stores, will close its remaining 253 stores as its bankruptcy receiver seeks to wind down the chain's operations in the country.

Hot Topic Appoints Two Executives
September 2, 2011

Hot Topic announced that two new executives have joined the company, Don Hendricks as CIO and Jeff Allison as senior vice president of planning and allocation. Hendricks will lead all information technology for Hot Topic and Allison will lead the merchandise planning and allocation teams for both the Hot Topic and Torrid brands.

Toys"R"Us Scales Back Pop-Ups
September 1, 2011

Toys"R"Us has decided to slash the number of pop-up stores it will open for the holiday season this year by half, to approximately 300. The New York Post suggests the decision is likely due to the fact that the 600 express stores Toys"R"Us launched last fall was too ambitious an undertaking.

Costco Announces Planned CEO Change
September 1, 2011

Costco announced that Jim Sinegal has informed the company of his intention to step down as CEO effective Jan. 1, 2012. In view of Sinegal's decision, Craig Jelinek, currently president and chief operating officer, has been elected as president and CEO effective Jan. 1, 2012.

Reason to Smile
September 1, 2011

For the last 25 years, Dennis May has been involved in the retail industry โ€” and he's loved every second of it. From his modest beginning selling audio equipment to help support himself while in college (that was the cool job at the time, May recalls) to his tenure today as president and CEO of one of the fastest-growing cross-channel retail brands out there, the one constant has been retail. But that's just part of the reason we've chosen May as our 2011 cross-channel retailer of the year.

Investigation Underway at H&M's Cambodian Factory After Mass Faintings
August 30, 2011

Cambodian factory workers at a plant that produces fashions for H&M are dropping like flies and management says it's baffled. The company says it stopped production after approximately 200 workers suddenly became ill and began fainting last week. According to reports, some workers claimed to smell an intense odor before fainting.

Frederick's of Hollywood President Agrees to Resignation
August 30, 2011

Frederick's of Hollywood has announced that the company and Linda LoRe have mutually agreed that, effective Sept. 2, LoRe will resign both as president and as a member of the board of directors of the company and its subsidiaries.