J. C. Penney Company Inc. promoted John Tighe to executive vice president, chief merchant, effective Oct. 1. Tighe most recently served as senior vice president and senior general merchandise manager for the men's, children's, footwear, handbag and intimate apparel divisions....
Nike Inc. was among several Fortune 500 companies committing to sourcing 100 percent of its electricity from renewable energy by 2025 to reduce CO2 emissions, according to a press release from The Climate Group....
Deloitte forecasts U.S. retail sales, excluding motor vehicles and gasoline, will grow 3.5-to-4.0 percent during the November-to-January holiday period, well below last year's pace. Deloitte expects the sum to reach between $961 billion and $965 billion, representing a 3.5 to 4 percent increase over last...
Under Armour revealed its first global football campaign, Slay Your Next Giant, starring football phenom Memphis Depay. Slay Your Next Giant was developed in partnership with Droga5, the creative agency behind other successful Under Armour campaigns including I Will What I Want, featuring Misty Copeland...
Genesco Inc.'s board of directors authorized the repurchase of up to $100 million of the company's common stock. The authorization replaces the remaining balance of a previous $75 million repurchase program authorized in September 2013, pursuant to which the company has repurchased 1,025,458 shares at...
Retailer continues to support children in need with highest donation to date. Family footwear retailer Rack Room Shoes announced today it has raised a record amount of funds during its annual Shoes That Fit campaign. This year’s total of more than one million dollars marks...
As the second largest footwear supplier to the US, Vietnam is already an important part of the production portfolio for many US footwear companies. And with growth being fueled by the potential offered by the pending Trans-Pacific Partnership (TPP), companies eyeing the country as...
Dick's Sporting Goods will be opening its 10th store in Wisconsin and 631st store nationwide on Friday, Oct. 2 at the Janesville Mall in Janesville, WI (2500 Milton Avenue)....
Entreprenuer Imran Khoja, likes to think of his new e-commerce business,ShoeKicker.com, as the Kayak of running shoes....
Nordstrom has made another donation through its give-back brand, Treasure&Bond, which supports nonprofits that work to empower youth. As the brand's second beneficiary, national organization Girls on the Run received $254,000, which equals 2.5 percent of Treasure&Bond's net sales (or 5 percent of net profits)...