The $700,000 payment is subject to customary working capital and other adjustments set forth in the purchase agreement. CriticalPoint Capital acquired all JackRabbit assets, inventory, leasehold interests, customary liabilities, intellectual property, and the JackRabbit trademark and name....
“We thought there was a ton of opportunity to do it better,” Kara Anastasiadis, associate VP of merchandise strategy, at FGL Sports. “We have everything in our stores already, we just haven’t been able to give her a one-stop, comfortable, personalized shopping experience.”...
On a conference call with analysts, Kevin Mansell, Kohl’s CEO, said the company expects the Under Armour launch to be a “significant enough business in year one to add 75 basis points to 100 basis points to our overall company comp.”...
“Generating our seventh consecutive year of meaningful sales and profit growth is a strong testament to Foot Locker, Inc.’s solid position at the center of sneaker culture,” said Richard Johnson, chairman of the board and chief executive officer. ...
J. C. Penney Company, Inc. announced it is implementing a plan to optimize its national retail operations as part of the company’s successful return to profitability. ...
Foot Locker Inc., in collaboration with Pensole Footwear Design Academy, unveiled the winning sneaker design for the 2016 Pensole World Sneaker Championship Powered by Foot Locker. The shoe will be sold in limited quantity at select Foot Locker stores around the globe on Saturday, Feb....
“For the past seven years, Minions have engaged people of all ages and cultures with their unexpected, often subversive behavior,” said Gail Harrison, president of marketing and branding, Illumination Entertainment....
The information in this report comes from The NPD Group’s monthly point-of-sale footwear database. It is collected from the athletic specialty, sporting goods, chain store, department store, and other channels....
“We will be investing for the future in 2017. Looking at the continued challenges in the retail environment and changing consumer shopping behaviors, we know we must evolve our strategy and execute faster,” Lundgren said. ...
For customers, getting immersed will entail cameras that track their movements at different points in the store. Customers who get on one of the store’s many treadmills, for instance, can get their stride tracked, while other data points like which shoes you purchased will be...