{"id":12418,"date":"2019-06-24T11:31:52","date_gmt":"2019-06-24T15:31:52","guid":{"rendered":"http:\/\/newsroom.chainstoreguide.com\/?p=12418"},"modified":"2019-06-24T11:31:52","modified_gmt":"2019-06-24T15:31:52","slug":"datatrac-apparel-specialty-stores-department-stores-june-2019","status":"publish","type":"post","link":"https:\/\/www.chainstoreguide.com\/offthechain\/2019\/06\/datatrac-apparel-specialty-stores-department-stores-june-2019\/","title":{"rendered":"DATATRAC: Apparel Specialty Stores and Department Stores \u2013 June 2019"},"content":{"rendered":"

Personnel Updates<\/strong><\/h4>\n

\u2022\u00a0Citi Trends Inc<\/strong>. (45)<\/strong> announced that Bruce Smith has decided to resign from his position as CEO. He will remain with the company until a successor is found.<\/p>\n

\u2022\u00a0Express Inc<\/strong>. (81)<\/strong> has appointed Timothy Baxter as CEO. He will succeed Matthew Moellering, who will remain as Exec VP and COO.<\/p>\n

\u2022\u00a0JCPenney Company, Inc. (103)<\/strong> announced that Victor Ejarque Lopez has been named Senior VP, GMM for Women\u2019s Apparel.<\/p>\n

\u2022\u00a0Lands\u2019 End Inc<\/strong>. (66)<\/strong> has appointed Sarah Rasmusen to the newly-created position of Chief Customer Officer.<\/p>\n

\u2022\u00a0Nike Inc. (70) <\/strong>has announced that Ratnakar Lavu will become the company\u2019s first global Chief Digital Information Officer.<\/p>\n

\u2022\u00a0PVH Corp<\/strong>. (140)<\/strong> announced that Cheryl Abel-Hodges is the new CEO of Calvin Klein.<\/p>\n

\u2022\u00a0RTW Retailwinds, Inc<\/strong>. (86)<\/strong> announced the appointment of Traci Inglis as President, Chief Marketing and Customer Officer.<\/p>\n

\u2022\u00a0Rue21<\/strong> (55) <\/strong>announced Brian Rogers has joined the company as Senior VP and Chief Human Resources Officer. Robert Brous is now VP E-commerce and Digital. Michael Cingolani has joined Rue21 as VP of Guys Merchandising.<\/p>\n

\u2022\u00a0True Religion Apparel Inc<\/strong>. (47)<\/strong> announced it has named Farla Efros as interim CEO. She succeeds Chelsea Grayson, who is resigning.<\/p>\n

 <\/p>\n

Financial Focus<\/strong><\/h4>\n

\u2022\u00a0Hudson\u2019s Bay Company<\/strong> has received a proposal to go private.<\/p>\n

\u2022\u00a0Topshop <\/strong>announced it has filed for bankruptcy.<\/p>\n

\u00a0<\/strong><\/p>\n

Industry Insight<\/strong><\/h4>\n

\u2022\u00a0Sears <\/strong>has unveiled its next chapter, Sears Home & Life, opening stores in Lafayette, LA, Overland Park, KS, and Anchorage, AK. The stores range from 10,000 sq. ft. to 15,000 sq. ft. and are apparel-free and focused on selling major and small kitchen appliances, mattresses, tools, home products and home services.<\/p>\n

 <\/p>\n

Real Estate<\/strong><\/h4>\n

\u2022\u00a0Burlington Stores, Inc<\/strong>. announced it will open a net of 50 new stores during the fiscal year.<\/p>\n

\u2022\u00a0The Cato Corporation<\/strong> announced it expects to close about 50 underperforming stores this year. It also plans to open 12 new stores.<\/p>\n

\u2022\u00a0Golf & Tennis Pro Shop Inc<\/strong>. has announced the opening of four new experiential PGA Tour Superstore locations over the next two months in Austin, TX, Boston, MA, Denver, CO, and Sarasota, FL.<\/p>\n

\u2022\u00a0Kohl\u2019s Corporation<\/strong> announced it will close its four Off\/Aisle by Kohl\u2019s locations on August 3rd.<\/p>\n

\u2022\u00a0Topshop <\/strong>will be closing its 11 stores in the U.S. as part of a restructuring plan.<\/p>\n","protected":false},"excerpt":{"rendered":"

Personnel Updates \u2022\u00a0Citi Trends Inc. (45) announced that Bruce Smith has decided to resign from his position as CEO. He will remain with the company until a successor is found. \u2022\u00a0Express Inc. (81) has appointed Timothy Baxter as CEO. He will succeed Matthew Moellering, who will remain as Exec VP and COO. \u2022\u00a0JCPenney Company, Inc.… Continue reading DATATRAC: Apparel Specialty Stores and Department Stores \u2013 June 2019<\/span><\/a><\/p>\n","protected":false},"author":7,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"post-template-no-sidebar.php","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[14],"tags":[11],"class_list":["post-12418","post","type-post","status-publish","format-standard","hentry","category-apparel-department","tag-eupdate","entry"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/posts\/12418","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/comments?post=12418"}],"version-history":[{"count":0,"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/posts\/12418\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/media?parent=12418"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/categories?post=12418"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/tags?post=12418"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}