department stores

Executive Profile
Jill Soltau, J.C. Penney

Before joining J.C. Penney, Jill Soltau was CEO of Joann Stores, a specialty retailer of fabrics and crafting supplies with about 850 stores across the United States. When it announced her hiring, the retailer emphasized that she helped reinvigorate the Joann brand and improved its market position by taking a consumer-oriented approach to determine and deliver compelling assortments.

Retail
Hudson’s Bay Weighs Going Private Offer

A special committee of the board of directors of Hudson’s Bay Company has issued an update on its ongoing review of the June 10 proposal for the privatization of the company from a group of HBC shareholders, including HBC’s governor and executive chairman, at a price of $9.45 per share in cash.

Retail
NRF To Recognize Kohl’s CEO Gass With Visionary Award

The National Retail Federation will name Kohl’s CEO Michelle Gass as “The Visionary,” an award given each year to an outstanding leader in the retail industry. The award will be presented during the sixth annual NRF Foundation Honors on January 12, 2020, in New York City.

Retail
Stage Stores Addresses NYSE Listing Standards

Stage Stores has received notification from the New York Stock Exchange on June 20, 2019, that the company is no longer in compliance with the NYSE continued listing criteria that requires listed companies to maintain an average closing share price of at least $1.00 over a consecutive 30 trading-day period.

1 2 3 4 5 33