New Conference Will Address Security of Retail Data
Newton, Mass., Retail Systems Alert Group is organizing the Retail Data Security Forum, a new event to investigate retailers’ need to protect customers’ information. The forum will discuss how retailers can safely use and share information with their legitimate partners and will give advice on how to handle and prevent security breaches.
Chief strategist for Retail Systems Alert Group, Brian Kilcourse, said, “We want to help retailers identify potential vulnerable points in their current security strategy and help them prepare to quickly respond in the event of a breach.” The forum will take place Nov. 2-3 at the Marshall Field’s conference center in Chicago.
2Q Profit Up at Williams-Sonoma
Bentonville, Ark., Williams-Sonoma said quarterly profit rose nearly 12% on strong demand at its Pottery Barn and Pottery Barn Kids stores. Net revenues for the second quarter ended July 31, 2005, increased 12.6% over the second quarter of fiscal year 2004 to $776.2 million. Earnings rose to $30.8 million, or 26? a share, for the quarter, up from $27.6 million, or 23? a share, a year earlier.
Saks Department Store CEO Resigns
Birmingham, Ala., Saks Inc. announced the resignation of George Jones, president and CEO of the retailer’s Saks Department Store Group. The resignation is effective Sept. 30.
Replacing Jones effective Sept. 15 will be Toni Browning. Browning held the post of president and CEO of Saks’ Proffit’s/McRae’s unit, which was sold to Belk last month.