SGB Update Footwear
Macy’s to Hire Over 31,500 Seasonal Workers for the Holiday Shopping Season
The retailer will hold four nationwide in-person hiring events at Macy’s, Bloomingdale’s, Bluemercury stores and distribution centers.
Target Names Chief Financial Officer
During his career, Jim Lee has led global teams in various business development and finance functions across North America, Europe and Asia, including as CFO for several of PepsiCo’s international regions.
Macy’s Names Senior VP, Creative and Production
Jason Holzman brings a wealth of experience to his new role at Macy’s. Before his nearly seventeen-year tenure at NBCUniversal, Holzman served as creative director at Euro RSCG. He also held creative roles at BBDO and Ammirati & Puris and, recently, co-authored a graphic novel to be published by the publishing house, Humanoids.
New Backcountry Owner Taps Schottenstein Affiliates for $112M Financing Support
Schottenstein affiliates Second Avenue Capital Partners, SB360 Capital Partners and Ares Commercial Finance have closed on a $112 million Senior Secured Revolving Credit Facility and Term Loan for Backcountry.
Report: Strong Mall Traffic in August Reflects Strong BTS Season
Research and data analytics firm Placer.ai said that malls ended summer with a bang. College students and families with children were overrepresented among end-of-summer mall hoppers – though not for all mall types, the company suggested.
The Athlete’s Foot Opens HQ, Flagship and Community Center in Atlanta
TNF held a grand opening this week of its new corporate headquarters, flagship store and community center in Midtown Atlanta, and partnered with Black-owned businesses in its development.
Report: Companies are Lowering the Talent Bar and Modifying Job Requirements
Companies are challenged to find both best-fit outside candidates and identify and cultivate existing talent,” Betterworks observed in the survey summary report.
Report: August Retail Sales Growth Slowed Sequentially from July Trend
August’s core retail sales, as defined by the NRF, are based on census data, excluding auto dealers, gas stations and restaurants, were reportedly up 0.3 percent m/m seasonally-adjusted and up 3.3 percent y/y unadjusted.
NRF Names Jill Dvorak as Senior VP of Content
Dvorak previously served at the NRF as vice president of content and retail strategy from 2017 to 2022. Before returning to the NRF, Dvorak was the chief content officer at CommerceNext.
NRF and Comexposium Expand Retail’s Big Show to Europe
The marriage of NRF Retail’s Big Show and Paris Retail Week to create Retail’s Big Show Europe broadens with the rebranding of the Paris Retail Week annual conference and exhibition beginning in 2025.
JD Sports Board Remuneration Committee Chair to Step Down
Suzi Williams, non-executive director and chair of the company’s Remuneration Committee, submitted her intention to step down on November 1, 2024. On October 1, Williams will hand over the Remuneration Committee Chair role to Angela Luger.
Report: Leisure Footwear, Portable Beverageware Rise to Top of BTS Shopping Lists
Circana said in a media release that this year’s BTS spending is following a pattern similar to last year, but it’s falling short of last year’s performance.
Hoka Parent Deckers Brands to Execute Six-for-One Forward Stock Split
The parent company of the Ugg, Hoka, Teva, Koolaburra, and Ahnu brands reported that its stockholders approved the forward stock split measure during its September 9, 2024 annual meeting.
CNBC/NRF Retail Monitor Sees Strong Clothing, Footwear and Online Increases in August
Thanks to back-to-school, the Clothing, Footwear and Accessories sector soared in August, jumping 11.4 percent year-over-year. The sector that includes Sporting Goods fell 10.8 percent for the same period.
Woxsen University Partners with Centre of Excellence’s Footwear Design & Dev. Institute
This Memorandum of Understanding is said to be a significant feat for the school, making Woxsen one of the only four Universities in India to participate in this collaboration, expanding its offerings in the realm of design and innovation.
