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Quiksilver executives take pay cut
The Quiksilver board of directors approved a pay cut for top company executives last week, according to a filing this afternoon with the Securities and Exchange Commission. Here's the text…
News May 13, 2013Say goodbye to Macy's West
Macy's announced today it is eliminating 7,000 positions and its regional divisions, including Macy's West. The company is centralizing buying, merchandising, planning, stores, marketing, human resources, information technology and other…
News May 13, 2013Hollister's no-discount results
Industry competitor Hollister saw same-store sales decline 25 percent in the fourth quarter, parent company Abercrombie & Fitch reported this morning. The retailer is one of the few at the…
News May 13, 2013Hang Ten launches at Kohl's in April
More surf brands hit mid-tier retailers this spring as Hang Ten launches at 30 Kohl's stores in warm weather markets. Kohl's executives discussed the April launch during an earnings conference…
News May 13, 2013Zumiez reports growth for 2008, but tough second half and shrinking sales for Q4
Zumiez, the Pacific Northwest-based industry retailer that bills itself as the "core store in the mall," today reported a 7.1 percent increase in net sales for 2008. But heavy discounting…
News May 13, 2013Burton reduces salaries to minimize layoffs
Jake and Donna Burton eliminate their salaries all together; others will be reduced on a sliding scale. Less than 5 percent of North American employees lose jobs. Press Release:
News May 13, 2013March same-store sales report
Overall March same-store sales were still down and were negatively impacted by Easter shifting into April. However, the good news is sales have not gotten worse. Here's a summary of…
News May 13, 2013Twitter tips from BRA Summit presentation
Mike Duncan at online marketing firm Sage Island gave an informative presentation Friday at the Board Retailers Association Summit about online marketing and social media. Since Twitter is all the…
News May 13, 2013Otis honors Bob Hurley and PacSun CEO Sally Frame Kasaks
Hurley International Founder and Chairman Bob Hurley and Pacific Sunwear CEO Sally Frame Kasaks were honored at the Otis College of Art and Design 27th Annual Scholarship Benefit and Fashion…
News May 13, 2013