HBC, parent company of Saks Fifth Avenue and Hudson’s Bay stores, is getting some help from Amazon in its definitive agreement to acquire Neiman Marcus Group, parent of Neiman Marcus and Bergdorf Goodman, for a total enterprise value of $2.65 billion. In the wake of...
Big Lots has announced the appointment of two new executives with Margarita Giannantonio named chief merchandising officer and John Alpaugh chief marketing officer. Giannantonio will shape and lead the company’s merchandising strategy across all product...
After the departure of its former CEO, Belk has named MaryAnne Morin as president and chief merchandising officer. She will lead the company’s merchandising, planning and private brands teams. Morin’s retail career has extended through three decades, Belk noted....
As it continues a proxy fight with activist investor Macellum Advisors, Kohl’s Corp. has issued a letter to shareholders on behalf of incoming chair Peter Boneparth in connection with the company’s May 11 annual meeting and its board of directors election. Bonaparth...
In part a response to its marketplace launch and growth, Hudson’s Bay has announced that it will separate the company’s store fleet and e-commerce operations into two separate businesses, accelerating its digital-first transformation. The new operating model...
