Chick-Fil-A’s views hinder real estate deals
I make no political, ethical, religious or moral statement here. I am a journalist, and I have no right – or desire – to espouse my personal viewpoints in this forum.
That said, this is an interesting piece that fully illustrates how a chain’s – or its owner’s – personal beliefs can potentially hamper its ability to grow.
I can’t help but wonder if we’ll see more of these types of reports, especially as it appears that, in Chicago at least, some precedent could be set.
Click here to read for yourself.
JCPenney gets a ‘Joe Fresh’ look
PLANO, Texas — JCPenney is boosting its store-in-store offerings by adding 700 Joe Fresh in-store boutiques to its department stores in April 2013.
Joe Fresh, which is a Canadaian fast-fashion brand, will also be featured on JCP.com.
JCPenney has announced similar partnerships with Levi’s and other denim brands to augment its current Sephora and MNG by Mango in-store offerings, among others. JCPenney’s goal under new CEO and former Apple exec Ron Johnson is to launch two or three shop-in-shops per month with a goal of reaching 80 to 100 by 2015.
For its first quarter, JCPenney reported an adjusted net loss of $55 million or 25 cents per share. Comparable-store sales for the first quarter declined 18.9%.
UPS Store names new president
SAN DIEGO — UPS has named Tim Davis president of The UPS Store franchise network.
Davis has served as VP operations for The UPS Store network since 2009 after joining the company in 2002 as VP technology. During this time, he also held the position of VP, general manager of iShip Inc., a UPS subsidiary. He has been responsible for the development and implementation of a variety of new technologies to better meet the needs of customers; the introduction of a new strategy to help grow print services for franchisees, and programs designed to drive operational excellence within The UPS Store network.
“Since joining the company 10 years ago, Tim has demonstrated his ability to help The UPS Store network meet its operational objectives and grow the business by better serving our customers and franchisees,” said Myron Gray, UPS’s president of U.S. operations. “I have every confidence that he can lead our franchise owners to even greater levels of growth.”
A native of Little Rock, Ark., Davis holds a bachelor’s degree in political science from The Citadel as well as a master’s degree in business administration from the University of Tulsa. Prior to joining The UPS Store franchise network, he held a variety of leadership positions for ConnectShip Inc. (formerly TanData Corporation), including VP operations and sales. Davis is a former captain in the United States Marine Corps and a Gulf War Veteran.