lululemon athletica CEO Christine Day is stepping down. Shares are tanking on the news. Day has been the head of luxury yoga-wear maker lululemon since 2008. Before that, she worked as an executive at Starbucks. The lululemon board has hired an executive search committee, and Day will stay on as CEO until her replacement is chosen, the company said yesterday.
As is my custom here in this space, I like to bring to light retail experiences that either are worthy of praise or derision. Unfortunately for cross-channel women's apparel retailer New York & Co., this post falls into the latter category. The source for nearly all of my retail stories, my wife Stephanie, brought to my attention this latest incident involving her sister Christine and New York & Company.