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JC Penney shares crater 17% on earnings miss, lowered forecast

J.C.

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Destination Maternity loses CFO amid executive turmoil

The struggling apparel retailer has had trouble keeping executives around, with a revolving door in the CEO spot and a tough turnaround underway.






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Sears CEO’s hedge fund offers to buy Kenmore brand for $400 million

A hedge fund owned by Sears CEO Eddie Lampert has offered to buy the company's Kenmore appliances brand for $400 million in cash.






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Grocer Aldi targets nearby rivals in bid to its boost its US footprint

“It's pretty simple,” Aldi U.S.






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The N-word remark by Papa John’s founder caused sales to crater 10.5% in July

“Very inexcusable and irresponsible comments” by Papa John's founder and former CEO John Schnatter caused same-store sales in July to plunge by about 10.5 percent, current CEO Steve Ritchie told analysts Tuesday.






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Etsy banks on price hikes for continued growth

Gross merchandise sales jumped 20% over last year as the marketplace begins to turn things around under CEO Josh Silverman 






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Indra Nooyi’s exit is a reminder of how much needs to be done to boost women CEO ranks

PepsiCo CEO Indra Nooyi announced Monday she would depart in October. Women represent less than 5 percent of CEOs in the S&P 500. 






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PepsiCo’s Indra Nooyi to step down as CEO, President Ramon Laguarta to succeed her

PepsiCo's Indra Nooyi departure as CEO is effective Oct. 3.






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Papa John’s founder says he has ‘no confidence’ in current management team, including CEO Steve Ritchie

Papa John's founder John Schnatter said he has “no confidence” in the current management team at the pizza chain, including the CEO he handpicked as his replacement, after executives forced his ouster last month over some off color remarks he made on a conference call.






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Amazon’s private label push is a signal to brands to focus on experience

In light of Amazon's recent focus on its brands, retailers need to double down on the one thing that Amazon can't offer — the brand experience, writes Sam Kliger, CEO of KWI.






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