Retail

Foran to Succeed Simon as Walmart U.S. Chief

Greg Foran

BENTONVILLE, Ark.-Greg Foran has been promoted to president and CEO of Walmart U.S. Foran will succeed Bill Simon, who had been in this role since June 2010. Foran, who had been named president and CEO of Walmart Asia earlier this year, will report to Doug McMillon, the parent company’s president and CEO. He starts inMore »

Ethan Allen Doubles Q4 Net; FY Net Rises 32.2 Percent

Ethan Allen

DANBURY, Conn.-Sales gains in both of its divisions and controlled expenses helped Ethan Allen to a 108.5 percent jump in fourth-quarter net income, to $17.1 million. For the fiscal year ending on June 30, the company posted a net-income gain of 32.2 percent to $42.9 million. Net sales in the quarter climbed 9.1 percent toMore »

NRF: Retail Sales to Accelerate in Second Half

NRF

WASHINGTON-U.S. retail sales will grow significantly in the second half of 2014 after a slow start to the year, according to a forecast from the National Retail Federation. After increasing by 2.9 percent in the first half, sales will grow by at least 3.9 percent in the second half, NRF said. Overall, 2014 retail salesMore »

hhgregg’s Lyle Named to Chair Retail Marketing Group

Julie Lyle

INDIANAPOLIS-Julie Lyle, hhgregg’s chief marketing officer, has been appointed 2015 chairperson of the Global Retail Marketing Association (GRMA) Advisory Board. The group is an association of top-level executives from leading retailers. In this role, Lyle will lead the board and play a key role in the development of the organization’s strategic initiatives and thought leadership.More »

Lowe’s to Open Customer Support Center

lowe's

MOORESVILLE, N.C.-Lowe’s will locate a new customer support center in Indianapolis, investing $20.5 million in purchasing, renovating and equipping the facility. Measuring 140,000 square feet, the new center will support both stores and Internet sales, delivery services and repair services for Lowe’s customers across the nation. It is expected to be in operation in theMore »

Ross Stores Opens 30 New Sites

Ross Stores_Dress For Less

DUBLIN, Calif.-Ross Stores has opened 23 new Ross Dress for Less and seven new dd’s Discounts stores across 17 states. The openings are part of the off-price retailer’s plan to open 75 Ross Dress for Less and 20 dd’s Discounts stores during 2014. Jim Fassio, Ross’ president and chief development officer, said, “These latest openingsMore »

Target to Run YouTube Series on Dorm Decorating

Todrick Hall

MINNEAPOLIS-Target is aligning with four YouTube performers and Veronica Valencia, founder of Design Hunter L.A., to produce a YouTube video series that will provide tips for college students on designing their dorm or off-campus living spaces. YouTube stars Todrick Hall, Mikey bolts, Tiffany Garcia and Ann Le will each host the four-episode series, titled “BestMore »

Young Tapped to Lead Williams-Sonoma Global

WilliamsSonoma

SAN FRANCISCO-Williams-Sonoma has named Ronald Young senior vice president, global, with the primary responsibility to grow the retailer’s portfolio of brands outside of the United States. Young will work in partnership with Williams-Sonoma’s brand presidents at Williams-Sonoma, Pottery Barn and West Elm to increase each brand’s international business. He will direct the expansion of theMore »