American Eagle to Launch New Concept
Pittsburgh, American Eagle Outfitters Inc. plans to introduce a fourth store concept early next year, CEO Jim O’Donnell said on Tuesday during a conference call with investors.
O’Donnell gave no specifics about the new stores, which he referred to simply as “concept four,” other than to say they “will not be some version” of American Eagle.
The company plans to spend $250 million to $275 million next year to open 135 new and 50 remodeled stores, primarily American Eagle and aerie locations.
He also said the company plans more international expansion, and will likely release details on that in the next few months.
Bon-Ton evp of stores to retire at year’s end
YORK, Pa. The Bon-Ton Stores announced that James Zamberlan, evp of stores has stated his intention to retire at the end of fiscal 2007. He will be succeeded Barbara Schrantz, senior vp of merchandise planning and Internet marketing, effective Feb. 29, 2008.
Schrantz will report to Steve Byers, vice chairman of stores, operations, private brand and planning and allocation. Prior to joining The Bon-Ton in 2005 as senior vp of product development and private brand, Schrantz held various merchandising posts of increasing responsibility at Proffitt’s/McRae’s, a division of Saks Inc. Prior to joining Proffitt’s, she was with Herberger’s.
Edgenet names new executives
NASHVILLE, Tenn. Edgenet, a leading provider of guided selling applications and global data synchronization services, has announced the appointments of three new senior executives to its leadership team.
Juliet Reising will serve as the company’s new cfo, Herb Romig joins as vp of merchandising, and Tim Stafford returns to Edgenet to serve in a newly created role as senior vp of global business development.
Reising’s experience encompasses technology and services companies, including Verso Technologies, Mindspring, Avdata, Interserv Corporation, Media Marketing Services and Cox Communications.
Romig spent the last 15 years at The Home Depot where he held a number of key merchandising positions, including senior roles with Home Depot Direct, the DIY giant’s online division.
Stafford, a retail industry veteran, will return to Edgenet to head business development and be responsible for executing partnerships, alliances and new business opportunities. Stafford has served in prominent senior management and consulting roles, most recently with Edgenet as the company’s senior vp of services.