OPERATIONS

Gymboree names former Gap exec as CEO

BY Katherine Boccaccio

San Francisco — Gymboree Corp. announced Tuesday that it has appointed Mark Breitbard as CEO, effective Jan. 14. Breitbard joins Gymboree from Gap Inc., where he was president of Gap North America.

He also has served as EVP of GapKids and babyGap.

Breitbard succeeds interim CEO Kip M. Garcia, who will resume his former duties as president. Garcia stepped in when former CEO Matthew McCauley resigned last September.

Interim COO Yvonne Hao will return to her role as an operating partner at Bain Capital.

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NicoleScott says:
Mar-08-2013 07:28 am

He is the right person for
He is the right person for the position. Yet, we still have to see of his capacity to perform his job. - Kale Flagg

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FINANCE

Ascena CFO to retire, succeeded by restaurant vet

BY Katherine Boccaccio

Suffern, N.Y. — Ascena Retail Group Inc. said Tuesday that CFO Armand Correia is retiring after 21 years with the company that is parent to Dressbarn, Justice and other brands.

Restaurant veteran Dirk Montgomery will succeed Correia, effective Jan. 16. Montgomery most recently served as EVP and chief value chain officer of Bloomin’ Brands, which operates the Outback Steakhouse and Bonefish Grill chains.

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NicoleScott says:
Mar-08-2013 11:16 am

He had carried the company
He had carried the company for 21 long years, and brought it to where it is today. With all those success, he had already done so much enough, I guess, he had nothing more to prove. - AflacAssist.com

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REAL ESTATE

lululemon athletica to open pop-up on Upper East Side

BY Katherine Boccaccio

New York — Canadian yoga apparel retailer lululemon athletica will open a four-month pop-up location on Third Ave., between 66th and 67th Streets in Manhattan, according to Douglas Elliman’s Retail Group.

The former site of a Uniqlo pop-up shop, the space is on a block-front shared by Thierry Rabotin, Bare Escentuals, Caché, Canyon Beachwear and Arden B.

The retailer’s flagship, located across the street from the pop-up site, is currently being renovated, and the temporary location will ensure a continued presence.

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M.Smith says:
Mar-08-2013 11:44 am

I like this Lululemon
I like this Lululemon location. It's really convenient and easy to get to. And as always at Lululemon, great customer service and great fitting products. - AflacAssist.com

M.Smith says:
Mar-08-2013 11:44 am

I like this Lululemon location. It's really convenient and easy to get to. And as always at Lululemon, great customer service and great fitting products. - AflacAssist.com

Polls

Consumer confidence is high. Is that reflected in your stores’ revenues?

View Results

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