Monday, March 25, 2019

DXL to close remaining Rochester stores; new CEO starts April 1

Chain Store Age
Men’s big and tall apparel retailer DXL on Friday reported a higher loss in its fourth quarter even as its same-store sales topped the Street.

The company also said that Harvey Kanter will take the reins as CEO on April 1, at which time he will also join the board. Kantar, who joined DXL as an advisor in February, is the former CEO of digitally native jeweler Blue Nile. At DXL, he will succeed longtime CEO and president David Lean, who retired Dec. 31, 2018, at which time he took on the role of acting CEO.. . . more