Retail

David F. Dyer to Retire as Chico’s President and Chief

David F. Dyer, president and CEO of women’s clothing retailer Chico’s FAS Inc., will retire at the end of the fiscal year. Dyer will continue to serve in his present role until a successor is appointed and will remain on the company’s board as vice chairman until June 2016.

Read More Read more
BusinessRetail

Chico’s to Grow Global Ecommerce with Borderfree

Women’s specialty retailer Chico’s FAS, Inc. has partnered with Borderfree, a leader in building platform solutions for international ecommerce, to expand its online selling capabilities with shoppers in over 100 countries and territories worldwide, in more than 60 currencies.

Read More Read more
BusinessFashionFinancialRetail

The New Threat to Retail: Too Much Inventory

Retail analysts have been voicing their anxiety over the possibility that aggressive promotional strategies this holiday season will flatten gross margins, a concern that now seems worsened by the threat of bloated retail inventory. As inventory growth outstretches sales growth, the fear is that retailers will be compelled to make even further markdowns, pinching already diminished gross margins.

Read More Read more