View Post

October Retail Comps Up; Sandy Effects Yet to be Felt

In Industry News, Reports, What's New by Accessories StaffLeave a Comment

New York—While October retail comparable store sales increased nearly 5%, some retailers cautioned today that their November—and even holiday totals—could be adversely affected by the Superstorm Sandy. Of the 17 retailers (excluding drugstores) tracked by Thomson Reuters that posted October results today, overall comparable store sales rose 4.7% better than …

View Post

Executive Changes: Walmart, Old Navy, JCPenney, Lane Bryant, Laura Ashley

In People, Reports, What's New by Accessories StaffLeave a Comment

People

 Rosalind Brewer to Head Sam’s Club; Internal Promotions at Walmart Bentonville, AR—Rosalind Brewer, who has been president of Walmart U.S.’ 1,600-store Eastern business unit, is being named to succeed Brian Cornell, president/ceo of Sam’s Club, who left his position for family reasons. Brewer , 49, who previously was an executive …