Belk Promotes Insider to CEO as Part of Ongoing Turnaround Effort
Belk has promoted President and Chief Merchandising Officer Nir Patel to CEO as the company also makes two…
News July 7
Latest In: turnaround
In Push for a Turnaround at Kohl’s, Investor Group Nominates Nine Board Directors
Four Kohl’s investors representing nearly 10% of the retailer’s outstanding common stock have nominated a slate of nine…
News February 22Bed Bath & Beyond Strikes $250 Million Real Estate Deal To Fund Debt Repayment, Turnaround
Bed Bath & Beyond has signed a deal to sell approximately half its real estate to a private…
News January 6
Pier 1 Promotes Two Executives To CEO And President Roles
Pier 1 Imports has added CEO and Director titles for Robert Riesbeck, in addition to his current role…
News November 5Francesca’s Takes Out Loan To Pursue Turnaround Over Sale
Francesca’s has completed a strategic review of the company and will continue its turnaround efforts rather than pursue…
News August 15
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…
News June 6
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…
News May 28H&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%…
News March 29J.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.…
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