Founder Bob McKnight will remain a director and CEO Andy Mooney is elected chairman.
Sears Holdings Corp.’s Kmart division is the latest major retailer to suffer a cyber attack.
Costco announced that it will enter the Chinese market through Alibaba Group’s Tmall.com.
Marvin Ellison, the EVP of stores at Home Depot and a former Target executive, joins JCPenney as president and CEO-Designee in November this year and will succeed Ullman in August 2015.
Christopher Crowley, a menswear veteran and co-founder of the Maker & Co. brand, died suddenly of a heart attack on Friday, October 10. He was 50.
Amazon isn’t commenting on a Wall Street Journal report that the e-commerce giant is opening an NYC store this fall.
Joe’s Jeans reported a 79% boost in Q3 sales and a 90% increase in profit, up on its Hudson acquisition last September.
Gap Inc. says same-store sales for September were flat against last year’s 3 percent drop, with total sales up 1 percent to $1.48 billion.