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."
SECAUCUS, N.J. — Eric Bauer, COO of The Children's Place Retail Stores, has left the company effective June 19, the company announced Wednesday. Jane Elfers, president and CEO, will resume oversight of the company's supply chain, store operations, finance, information technology and real estate functions. Commenting on Bauer's departure, Elfers said, "We thank Eric for his contributions and wish him well in his future endeavors." Bauer joined Children's Place as COO in May 2011, after spending eight years with Gap Inc., culminating in his appointment as EVP brand operations, COO for Gap North America where he was responsible for
(GLOBE NEWSWIRE) -- The Children's Place Retail Stores, Inc. , the largest pure-play children's specialty apparel retailer in North America, today announced the appointment of Steven Baginski as Chief Financial Officer. He will report to Eric Bauer, Chief Operating Officer. Mr. Baginski, 53, has more than 25 years of financial and management experience. Most recently, he held senior level financial positions with two privately-held companies, Kellwood Company, an apparel manufacturer, marketer and retailer, where he served as CFO; and prior to that Hercules Tire & Rubber Company, where he served as Chief Administrative Officer and was responsible for Finance,