WHOLE FOODS COOKS UP VENTURE CAPITAL ALTERNATIVES FOR FOOD STARTUPS By Annie Sciacca, San Francisco Business Times, June 12, 2015 Startup tech companies get a big boost from Silicon Valley venture capital firms, but it can be challenging for startup food producers to get funding. read more THIS CLOTHING COMPANY WHOSE CEO IS RICHER THAN WARREN BUFFETT IS BLOWING THE COMPETITION OUT OF THE WATER By Ashley Lutz, Business Insider, June 13, 2015 Zara's business is on fire. read more BILLIONAIRE CHIP WILSON CAN NOW DUMP HIS LULULEMON SHARES By Chloe Sorvino, Forbes, June 11, 2015 Billionaire Chip Wilson, the Lululemon founder, may be out of yoga pants for good. read more WHY ULTA'S WINNING IN RETAIL'S INCREASINGLY CROWDED BEAUTY SECTOR By Barbara Thau, Forbes, June 11, 2015 Everybody and their mother seem to be jumping into the high-margin cosmetics business these days, including unlikely merchants such as H&M, which will launch a makeup line this fall, and the Gap, tiptoeing into the market with the subscription service Birchbox. read more KOHL'S NAMES GASS CHIEF MERCHANDISING OFFICER, POTENTIAL CEO SUCCESSOR By Alison Bauter, Milwaukee Business Journal, June 12, 2015 Kohl's Corp. has named chief customer officer Michelle Gass to the newly created principal officer position of chief merchandising and customer officer, filling the long-vacant chief merchandising officer position as Kohl's begins a search for chief operating officer, another new position. read more TWO RETAILERS 'MAKING' MOVES WITH THE WHITE HOUSE By Mike Troy, Retailing Today, June 12, 2015 Etsy and West Elm division of Williams-Sonoma continue to fuel the maker movement with new initiatives that were launched to coincide with a Presidential Proclamation establishing the National Week of Making. read more J. CREW FIRES HEAD DESIGNER, TRIMS STAFF By Gina Acosta, Retailing Today, June 11, 2015 Troubled specialty retailer J. Crew Group Inc. says it has laid off 175 staff members and fired its chief women's designer. read more LUXURY BRANDS MUST ADAPT: RETAIL ANALYST By CNBC, June 12, 2015 Jessica Fioriti, retail analyst at Verdict Research, tells CNBC that brands must adapt to changing consumer sentiment around luxury goods. read more WINGSTOP STOCK SOARS ON IPO Ron Ruggless, Nation's Restaurant News, June 12, 2015 Wingstop Inc. made its public debut Friday at $19 per share, in an IPO valued at $110.2 million. read more RESTAURANTS HAD A REALLY GOOD FIRST QUARTER By Jonathan Maze, Nation's Restaurant News, June 9, 2015 Restaurants had a good first quarter across the board, and not just because their sales were up. Profits were up, too. read more WHAT MAKES PITTSBURGH SUCH A GOOD VACATION SPOT? By PM Staff, Pittsburgh Magazine, June 8, 2015 The 'Burgh outranks places including Charleston, S.C., Virginia Beach, Va., and Honolulu, Hawaii, for vacation destinations. read more AMERICAN APPAREL'S NEW CEO IS TAKING THE COMPANY BACK TO (MANAGEMENT) BASICS By Max Nisen, Quartz, June 12, 2015 Dov Charney is not an easy act to follow for new CEO Paula Schneider. In addition to being the iconic founder of the brand, he's left the company in dire financial straits, and continues to embroil it in a legal morass. read more ONLINE JEWELRY RETAILER BLUE NILE OPENS ITS FIRST BRICK-AND-MORTAR STORE By Marianne Wilson, Chain Store Age, June 8, 2015 New York -- Another online merchant has ventured into the physical space. read more STORYTELLING CRUCIAL TO SHOPPING-CENTER BRAND: SIMON'S CREATIVE DIRECTOR By Shopping Centers Today, June 10, 2015 Branding a shopping center is not much different from branding a retailer, Simon's senior vice president and global creative director Chidi Achara says. read more VALLOZZI EXPANDING TO THE ALCOA BUILDING FOR 2 NEW RESTAURANTS By Tim Schooley, Pittsburgh Business Times, June 12, 2015 Julian Vallozzi is preparing to toss up two more food ventures downtown, expanding his salad concept as well as bringing back his Squirrel Hill pizza restaurant to the Residences at the Alcoa Building, PMC Property Group's conversion of the one-time aluminum company headquarters on Mellon Square. read more |
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