Archives for May 2016
Abercrombie names 2 new brand presidents26 May 2016
New Albany based fashion retailer Abercrombie & Fitch has named two new brand presidents. Stacia Andersen, 45, has been appointed... Continue Reading
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Toys “R” Us names two top executives26 May 2016
The Wayne-based retailer said Monday that it had added a new position of executive vice president, global chief technology officer,... Continue Reading
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Supervalu takes another step in possible Save-A-Lot spin-off26 May 2016
Supervalu has renegotiated a $1.5 billion term loan agreement another necessary step if the grocery retailer spins off discount chain... Continue Reading
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As Their Anchors Sink, Malls Try To Present Retail ‘Experience’26 May 2016
Many of the department stores that once anchored bustling shopping malls continue to close. Macy’s will shutter 36 additional stores... Continue Reading
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Moody’s adjusts Albertsons ratings, citing improvements26 May 2016
Moody’s Investor Service said Monday it has assigned a Ba2 rating to Albertsons Co.’s proposed $1.5 billion term loan and... Continue Reading
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CVS says ‘so long’ to printed receipts26 May 2016
CVS Pharmacy is adding another digital convenience to its Extra Care rewards program. The drugstore chain is launching digital... Continue Reading
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Why retailers should NOT give up on bricks and mortar: Former JC Penney CEO26 May 2016
“Every time you do $1 in digital, it’s probably one less reason for the customer to come into your store,”... Continue Reading
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Empty Stores Multiply as Singapore No Longer Shoppers’ Paradise26 May 2016
Empty storefronts in Singapore’s prime shopping district may become a more common sight. Vacancies in the city’s main Orchard Road... Continue Reading
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Why American Department Stores Are ‘Broken’26 May 2016
On March 3rd, the Council of Fashion Designers of America and the Boston Consulting Group released a 12 page study... Continue Reading
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Apple stores getting reboot as company unveils new store design26 May 2016
One of the most successful formats in the history of retailing is about to get a makeover. Apple... Continue Reading
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