JCPENNEY, LORD & TAYLOR HONOR MEMORIAL DAY WITH MORE THAN JUST SALES

While most stores use Memorial Day as a way to simply drive traffic into the store with huge sales, it’s nice to know that some retailers are doing direct tie ins to honor and benefit the military and those touched by war. In honor of Memorial Day, JCPenney is inviting …

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SEARS’ CONTINUED SLUMP SPARKS DEPARTURE OF CHIEF FINANCIAL OFFICER

Illinois-based department store chain Sears Holdings has reported another decline in sales for Q1 2016. In a lengthy breakdown of the company’s financials, Sears Holdings also announced the departure of its CFO. Revenues decreased approximately $488 million to $5.4 billion for the quarter ended April 30, 2016, compared to revenues …

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J. CREW NARROWS LOSS IN Q1

As mostly poor first-quarter retail earnings continue to roll in, J. Crew follows suit with its own news, albeit a narrowed loss from the same period last year. In the quarter ended April 30, 2016: Total revenues decreased 3% to $567.5 million, hurt by…

ITEM OF THE DAY: MELISSA X ALEXANDRE HERCHCOVITCH

It’s nice to know that Brazil has a dark side, or at least a monochromatic one in a country so known for its vivid, tropical color! Brazilian plastic footwear brand Melissa, in collaboration with Brazilian fashion designer Alexandre Herchcovich, have teamed up for a unique collaboration. The two have created …

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AAFA’S AMERICAN IMAGE AWARDS FETES INDUSTRY’S SHINING STARS

It was a dazzling crowd at the 38th Annual American Image Awards, held at the historical 583 Park Avenue event space in New York City last evening. The awards included: Person of the Year: Joseph Abboud; Company of the Year: BBC International LLC; Designer of the Year: Christian Siriano; Retailer …

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TARGET APPOINTS FORMER NORDSTROM EXEC TO VP/CMO

Target’s chairman and chief executive officer Brian Cornell is getting a new A-List team together with two new appointments. Effective June 5, Mark Tritton (former executive vice president and president of Nordstrom Product Group) will be executive vice president and chief merchandising officer. In this role, he will oversee enterprise …

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