Burlington Appoints Crimmins Chief Financial Officer
Burlington Stores has appointed John Crimmins chief financial officer.
off-price
Ross Stores Enters Several Key Midwest Markets
It was a busy September and October for Ross Stores as the retailer in recent weeks opened 30 Ross Dress For Less locations and 12 DD’s Discounts stores.
Big Lots Appoints Mueller EVP/Business Strategy
Big Lots has appointed Andrej Mueller as evp/business strategy. Mueller has more than 15 years of experience in the consumer industry.
Macy’s Highlights Growth Initiatives At Brand Partner Summit
Macy’s brought together nearly 800 brand partners in New York City to discuss general industry trends, business highlights, strategic programs and brand innovations, and also update key growth initiatives.
Stage Stores In Compliance With NYSE Listing Standards
Stage Stores, the parent company of Gordmans, has regained compliance with the New York Stock Exchange and its stock will continue to be listed.
Stein Mart Enhances Loyalty Program
Stein Mart has enhanced its loyalty program to provide more value for customers. The retailer has doubled the earn rate, which means cardholders now earn rewards twice as fast.
Marshalls Launches Online Store
TJX has launched a third e-commerce website, Marshalls.com, one that will offer a different mix of products than its brick-and-mortar cousin.
Stein Mart To Gain Feedback From Female Business Leaders
Stein Mart has formed the SMart Council, a panel of 13 accomplished, fashion-savvy businesswomen from key markets throughout the U.S. where the company operates. The panel will provide insight into their shopping patterns, what issues frustrate them, offer solutions and share objective views of their Stein Mart shopping experiences to generate ideas to improve the customer experience.
Solid Comps Drive Burlington Q2
Off-price retailer Burlington Stores recently reported a solid second quarter performance, with results driven by a 3.8% comparable store sales increase.
Stein Mart Expands BOPIS Service Chain-Wide
Stein Mart has expanded its buy online, pick up in store (BOPIS) service to all of its 283 locations across the United States.
Ross Opening Stores In Nebraska, Texas
Ross Dress for Less is opening a new namesake store and a DD’s Discounts store, one in Nebraska, the other in Texas.
Burlington Names Crimmins Interim Chief Financial Officer
Burlington Stores’ Marc Katz has resigned as the company’s chief financial officer/principal, effective immediately, to pursue other professional opportunities. John Crimmins, evp/finance and chief accounting officer, has been appointed interim chief financial officer.
Big Lots Positions For Growth After Solid Q2
Big Lots beat a Wall Street estimate even as second quarter earnings slipped year over year amid a strategic repositioning that includes store changes and while enduring tariff effects.
Ollie’s Impacted By Growing Pains In Q2
Miscalculations about the effect of more rapid store growth hurt second quarter results at Ollie’s Bargain Outlets.
Stage Stores Increases Q2 Comps
Stage Stores increased its comparable store sales in the second quarter, as the company continued to see progress in its transition from department stores to the off-price channel.
Nordstrom Names Bariquit Chief Merchandising Officer
Nordstrom has named Teri Bariquit chief merchandising officer. In this newly created role, Bariquit will serve as a member of the company’s executive team, leading the full-price and off-price merchandising areas. She will report to co-president, Pete Nordstrom.
Ross Stores Rolls Through Q2
Ross Stores rolled through the second quarter, growing both sales and earnings. The off-price retailer also updated its earnings guidance with a cautious eye on the new tariffs on goods sourced from China.
Nordstrom Produces Mixed Q2 Results
It was a mixed second quarter for Nordstrom, as the department and off-price retailer’s earnings beat its expectations while net sales declined.
Q4 Loss Grows But Tuesday Morning Touts Better Prospects
Tuesday Morning posted a bigger net loss for its fourth quarter, but the company said it is well positioned to improve sales and earnings performance.
Stein Mart Comps Decline In Q2
A slow start to the second quarter impacted Stein Mart’s comparable store sales as the off-price retailer aimed to improve sales trends in the second half.