The group is preparing to launch a proxy fight against the current board, saying the retailer has failed to adapt as consumers shop more online, and that they want the company to better curate its merchandise.
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Retail
Triple Five nabs Neiman Marcus SVP for chief creative role
Ken Downing comes to Triple Five from Neiman Marcus, where he most recently served as senior vice president and fashion director.
Read More »In $300M deal, Ascena Retail Group sells Maurices majority interest
Ascena Retail Group Inc. has signed a definitive agreement to sell a majority interest in a subsidiary company to an affiliate of OpCapita LLP, the Mahwah-based company announced Monday.
Read More »WWP announces senior-level hires and promotions
With its most recent new hires the company says it is better positioned to serve its increasing roster of clients in the cosmetics industry.
Read More »Cannabis testing lab Steep Hill coming to NJ
One day after legislation for adult-use marijuana cleared committee in the Assembly and the Senate, cannabis science and technology company Steep Hill has announced plans to open a regulatory testing facility in the state.
Read More »Cashless retailers are now illegal in NJ
Retailers are now legally required to keep accepting cash after Gov. Phil Murphy signed Assembly Bill 591, which prohibits discrimination against cash-paying customers.
Read More »Newell Brands to sell Process Solutions to private equity firm
Consumer goods company Newell Brands has signed a definitive agreement to sell its materials manufacturing business Process Solutions to private equity firm One Rock Capital Partners LLC.
Read More »Hungry for knowledge
When friends Marcus Crawford and Jonathan Gibbs launched Bro-Ritos they knew they had great talent in the kitchen and they even had some food truck experience. However, they didn’t know what they didn’t know.
Read More »EEOC sues Party City for telling pregnant employee it was ‘unlikely to accommodate’ her
A pregnant employee at a Party City located in Texas was fired after she requested pregnancy and disability-related lifting restrictions. The U.S. Equal Employment Opportunity Commission is now suing the Rockaway-based company.
Read More »Newell Brands CEO Polk to retire
Newell Brands Inc. chief executive Michael Polk will retire from the company at the end of the second quarter, the company announced late Thursday.
Read More »Local horticulture directory looks to connect businesses and residents
This week is National Agriculture Week, and to celebrate the Monmouth County Board of Chosen Freeholders have announced the Grown in Monmouth Nursery & Garden Center Directory to connect county businesses with residents and visitors.
Read More »Sephora to open 2 NJ locations in 2019
Make-up retailer Sephora will open 35 new locations, including two in New Jersey, in 2019.
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