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Despite Uncertainty, September Retail Comps Rise

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New York—Despite the daily drumming about economic uncertainty, comparable store sales continued to increase for most U.S. retailers in September. According to Thomson Reuters which tracks 23 retailers, September comparable store sales, or same store sales, increased 5.1%. That’s better than analysts’ average estimate which expected a 4.6% increases. Comparable …

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New Executives: JCPenney, Wet Seal, Christopher & Banks

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

Among the retailers announced new executive appointments this week include JCPenney, The Wet Seal, Christopher & Banks, Asprey and Tiffany & Co. Plano, TX–JCPenney announced three senior executive appointments, including Michael Dastugue as the new chief financial officer. Dastugue succeeds Robert Cavanaugh, who is stepping down after 32 years with …