Pittsburgh — American Eagle Outfitters, Inc. has appointed Mary Boland as executive vice president, chief financial and administrative officer. She joins AEO from Levi Strauss & Company.
Hingham, MA — After several starts and stops — and even parting ways with Sycamore Partners as recently as last week — Talbots has now reconciled with Sycamore to enter into a definitive purchase agreement.
Philadelphia — Specialty value retailer Five Below will open seven new stores in the Atlanta market on June 1, 2012. Currently there are more than 200 Five Below locations nationwide.
Hingham, MA — The exclusivity agreement between The Talbots, Inc. and its potential buyer, Sycamore Partners, has expired. The May 5 agreement had been twice extended through May 24, 2012.
Schaumburg, IL — The Rabine Group’s CEO and founder, Gary Rabine, has been selected as a finalist for the 2012 Ernst & Young Entrepreneur of the Year award.
Pittsburgh — American Eagle Outfitters’ CFO, Joan Hilson, is stepping down. In other AEO news, the company plans to close its children’s business, 77kids, which includes 22 stores.
