Tag Archives: E-commerce

Aaron’s Q2 Net Drops 67.1 Percent; COO Buck to Retire

Aaron's

ATLANTA-Huge gains in expenses and in depreciation of lease merchandise offset a strong revenue gain to send Aaron’s second-quarter net income plummeting 67.1 percent, to $8.5 million. Along with releasing its earnings, the lease-to-own retailer issued a separate statement saying that Dave Buck, its chief operating officer, will retire from the company. Buck served forMore »

Davidson Named Marketing SVP at Tuesday Morning

Susan Davidson

DALLAS-Tuesday Morning has appointed Susan Davidson senior vice president of marketing. In her new role, Davidson is responsible for developing marketing programs, driving customer traffic, expanding same-store sales and strengthening the consumer bond with Tuesday Morning. She reports directly to CEO Michael Rouleau. Davidson is succeeding Ross Manning, who has left the closeout retailer toMore »

Pier 1 Net Slides for Q4, FY

Report: Pier 1 Imports to Sell Online

FORT WORTH, Texas-A weak fourth-quarter performance led to significant cuts in Pier 1 Imports’ bottom line for both the quarter and the fiscal year. Net income in the quarter fell 31 percent to $42.6 million, bringing net income for the fiscal year ending on March 1 to $107.5 million, down 16.9 percent. Net sales inMore »

Oblak Tabbed as Wayfair GM

Steve Oblakw

BOSTON—Wayfair has promoted Steve Oblak to senior vice president and general manager of wayfair.com, the retailer’s flagship e-commerce brand. Oblak’s appointment to this newly created position puts him in charge of strategy and execution for the wayfair.com brand. He reports directly to Niraj Shah, Wayfair’s CEO and co-founder. Oblak has been with Wayfair for almostMore »

Neiman Marcus Moves Gold Over Merchandising in Organizational Reset

Jim Gold

DALLAS—In a reorganization intended to merge the merchandising and planning functions for both its stores and online channel, Neiman Marcus has named Jim Gold president and chief merchandising officer of Neiman Marcus. In his new role, which goes into effect on April 14, Gold will lead an integrated merchant and planning team for Neiman MarcusMore »

BDO: Omnichannel a Top 2014 Retailer Growth Strategy

BDO

CHICAGO-With mobile and online sales projected to grow further, retailers will continue to develop their e-commerce and mobile-commerce businesses this year, according to a survey of retailer chief financial officers by research firm BDO USA. Thirty-four percent of the retailer financial chiefs who responded to the survey said they will continue to invest in theirMore »

hhgregg Ups Lyons to Senior VP of E-commerce

Kevin Lyons

INDIANAPOLIS-Kevin Lyons has been promoted to senior vice president of e-commerce for specialty retailer hhgregg. Lyons, who was vice president of e-commerce, reports to Julie Lyle, hhgregg’s chief marketing officer. He joined the company in May 2013, and has since led the e-commerce team’s creation of the online development and promotional strategy. An hhgregg statementMore »

Kohl’s Q4 Comps Drop 2 Percent

Kohl’s

MENOMONEE FALLS, Wis.-Same-store sales for Kohl’s in its fiscal fourth quarter were down 2 percent, according to a preliminary statement on the company’s financial results for the quarter. The statement said Kohl’s managed a 0.8 percent gain in same-store sales for the combined November-December period. However, January sales turned up less than expected due toMore »