Bloomingdale’s Michael Gould Steps Down as CEO
Bloomingdale’s CEO Michael Gould will be stepping down after 22-years as its chairman and CEO.
Executive
Merchants Need to Keep Calm and Carry On
It’s always something. Just when direct-to-customer merchants think they have a handle on their profit margins, something comes along to throw it into frenzy.
Under Armour Adds 2 Presidents
Kip Fulks has added President of Product to his current responsibilities as Under Armour’s Chief Operating Officer, while Henry Stafford is now serving as President of North America.
Quill.com Names Sergio Pereira as President
Quill.com, named Sergio Pereira as president. Pereira replaces Mike Patriarca, who was named senior vice-president, global transformation for parent company Staples, Inc.
Fifth & Pacific Sells Juicy Couture
Fifth & Pacific Companies said on Oct. 7 that it agreed to sell the intellectual property of the Juicy Couture brand to Authentic Brands Group for $195 million cash.
Miles Kimball Co. Changes Name to Silver Star Brands
Miles Kimball Co. president Vicki Updike announced Oct. 8 the company is changing its name to Silver Star Brands in a move to describe more accurately the merchant and the brand portfolio it offers. Here’s what Silver Star Brands president Vicki Updike has to say about the rebranding.
Macy’s to Expand Seasonal Employment in Fulfillment Centers
Macy’s Inc. will gear up for the holiday season by hiring 6,600 seasonal employees to work in its online fulfillment centers, and an additional 1,200 seasonal employees to work in the fulfillment areas of the 500 Macy’s stores that fill and ship orders directly to customers.
TruST Outlines Potential Cost of Marketplace Fairness Act
While some merchants say the Marketplace Fairness Act could put them out of business, one industry expert shared his thoughts on what the true cost the MFA will be for retailers.
Shaky Consumer Confidence Could Affect Seasonal Hiring
Even though merchants are gearing up for the additional hiring of seasonal employees this holiday, a new report has found that “shaky” consumer confidence and an increased in efficiencies in the retail space could prevent seasonal hiring from hitting the great heights it did in 2012.
The Economic Case Against an Exigent Postage Increase
The Board of Governors of the USPS may vote this month on an exigent postage increase. See what the economic case for catalog mail needs to include.