turnaround

GameStop Comp Sales Decline 10.3% In Q1 2019; New CEO Reviewing Business

GameStop reported a year-over-year total sales decline of 13.3% and a comparable sales decrease of 10.3% in Q1. The weakness was driven by…

Mattress Firm Finds New CEO, Hopes To Accelerate Post-Bankruptcy Turnaround

Mattress Firm has named a retail outsider as its CEO one month after Executive Chairman, President and CEO Steve Stagner resigned from…

H&M Sales Rise 10% In Q1 2019 As Turnaround Plan Takes Off

Turnaround plans for H&M seem to be paying off: the company reported a net sales increase of 10% during Q1 2019. The…

J.Crew CEO Departs Despite Apparent Turnaround Success

J.Crew CEO James Brett has stepped down from his position, effective immediately, after 17 months on the job. The retailer declined to…

Can Department Stores Save Themselves In 2018?

With the 2017 holiday shopping season now in the rear-view mirror, 2018 represents a major “prove it” period for department stores. The…

BCBG Max Azria Goes Bankrupt…Is hhgregg Next?

BCBG Max Azria is the latest in a long line of fashion and apparel retailers to file for Chapter 11 bankruptcy —…

A&F Hires New CMO As Brand Seeks Turnaround

Abercrombie & Fitch has appointed Will A. Smith as its new Chief Marketing Officer. He will be responsible for all brand, creative…

Seeking A Turnaround, Macy’s Imports Apple Into Flagship Store

With six straight quarters of sales declines and plans to close 100 stores, Macy’s has been desperate for answers as to how…

American Apparel Shows Financial Desperation With Latest Turnaround Plan

Over the past year, American Apparel has faced a slew of brand and financial struggles. Now, the clothing manufacturer and retailer has…

BrainTrust Query: Lessons From the Starbucks Turnaround

By Mark Price, Managing Partner of M Squared Group Editor’s Note: This article is an excerpt from one of RetailWire’s recent online…

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