Urban Outfitters Inc. has appointed a former executive as CEO of its namesake brand.
Esprit Holdings said Thursday that it will close all 93 of its stores in North America, after abandoning previously announced plans to sell off the business or find a licensed operator to run the stores.
The nation’s apparel retailers reported mixed results for January as shoppers remain cautious about spending in the uncertain economy.
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Chain Store Age’s 48th annual SPECS Conference will be held March 4-7, at the Gaylord Palms Resort in Kissimmee, Fla. The industry’s premier retail store development and facilities event, SPECS combines a targeted and comprehensive educational program with a dynamic exhibit floor. For more information and to register for the event, click here.
By Marianne Wilson, Editor, Chain Store Age
I have to admit it: I was shocked when I heard the news this week that Glen Senk, the widely-admired CEO of Urban Outfitters, was resigning. Sure, the company wasn’t coming off the best of years, having battled lackluster sales throughout much of 2011.
This exclusive report, the 2012 NRF BIG Show Wrap-Up, from Chain Store Age, details some of the highlights and major themes of the National Retail Federation’s 101st Annual Convention & EXPO.
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