Content about CEO and president

August 21, 2014

The Home Depot on Thursday named Craig Menear, president of the chain's U.S. retail business, as CEO and president, effective Nov. 1.

Atlanta -- The Home Depot on Thursday named Craig Menear, president of the chain's U.S. retail business, as CEO and president, effective Nov. 1. Menear succeeds chairman and CEO Frank Blake.  Blake, who has held the top spot since 2007, will remain chairman.

Menear, who was also elected to the company's board of directors, effectively immediately, assumed his current position in February 2014. He is a 34-year retail veteran, and has been a key leader in the company's success, the retailer said.

July 1, 2014

Signet Jewelers Ltd. on Tuesday announced that Theo Killion, CEO and president of its newly acquired Zale division, has resigned, effective July 31.

Hamilton, Bermuda -- Signet Jewelers Ltd. on Tuesday announced that Theo Killion, CEO and president of its newly acquired Zale division, has resigned, effective July 31.

Killion had been tapped to lead Zale as a separate division within the company, Signet said when the deal closed in late May. George Murray, Signet's current chief integration management officer, has been promoted to president of the Zale division and will succeed Killion upon his departure.

June 19, 2014

Apparel retailer American Apparel Inc. has fired its controversial founder Dov Charney as chairman, effective immediately, and has moved to fire him as CEO and president.

Los Angeles -- Apparel retailer American Apparel Inc. has fired its controversial founder Dov Charney as chairman, effective immediately, and has moved to fire him as CEO and president. The actions come on the heels of an ongoing investigation into alleged misconduct by Charney, who has been targeted in sexual harassment lawsuits and charged with allegations of misconduct for years.

"Charney will be terminated for cause after a contractual 30-day cure period,” the Los Angeles-based company said in a statement.

June 2, 2014

Burlington Stores announced that Thomas A. Kingsbury, the company’s CEO and president, has been unanimously elected as chairman of the board.

Burlington, N.J. -- Burlington Stores announced that Thomas A. Kingsbury, the company’s CEO and president, has been unanimously elected as chairman of the board.

“We are excited to elect Tom to chair the board of directors of Burlington Stores,” the board said in a statement. “He has done an outstanding job as CEO since he joined the company in 2008. The growth of the business has been impressive under Tom’s leadership and we look forward to this continuing under Tom’s expanded role as chairman and CEO.”

May 5, 2014

Target Corp. announced on Monday that CEO and president Gregg Steinhafel, a 35-year-company-veteran, had resigned, effective immediately.

Minneapolis -- Target Corp. announced on Monday that CEO and president Gregg Steinhafel, a 35-year-company-veteran, had resigned, effective immediately. The news comes nearly five months after the retailer disclosed a massive data breach that damaged its reputation among customers and has derailed its business.
 

May 2, 2014

When the International Council of Shopping Centers opens the doors of the Las Vegas Convention Center on May 18 to shopping center attendees from around the globe, it will unveil a lineup of newly built and redeveloped properties ripe for deal-making.

On the following pages, Chain Store Age highlights five projects that will be on display at RECon 2014.

August 27, 2013

Small beginnings can lead to big things. That’s certainly true in the case of Pep Boys, which was founded in 1921 by four Navy buddies who pooled together $800 to open an auto parts store in Philadelphia. Today, with some 750 stores across the United States and Puerto Rico, the Philadelphia-based company is one of the nation’s leading auto supply and service providers.

July 8, 2013

Office Depot announced that Michael J. Massey, previously CEO and president of Collective Brands, has been nominated to join the board.

Boca Raton, Fla. -- Office Depot announced that Michael J. Massey, previously CEO and president of Collective Brands, has been nominated to join the board. He fills the vacancy created by current director Brenda Gaines, has decided not to stand for reelection at this year’s annual meeting of stockholders.

April 30, 2013

Discount retailer Big Lots has named David Campisi, 57, as CEO and president of Big Lots, effective May 6.

Columbus, Ohio -- Discount retailer Big Lots has named David Campisi, 57, as CEO and president of Big Lots, effective May 6. The 30-year-industry veteran most recently served as chairman and CEO of Respect Your Universe, a publicly traded company focused on premium performance apparel and equipment. Prior to that, he was an executive with The Sports Authority for nearly seven years, rising to become chairman and CEO.

August 20, 2012

Best Buy Co. has named Hubert Joly, the former chief executive of global hospitality company Carlson, as the chain's new CEO and president.

Minneapolis -- Best Buy Co. has named Hubert Joly, the former chief executive of global hospitality company Carlson, as the chain's new CEO and president. Carlson, which operates such businesses as Radisson and T.G.I Friday's, announced Sunday that Joly resigned from that company.

May 24, 2012

Brookstone said it has hired Stephen Bebis as its new president and CEO, effective immediately.

Merrimack, N.H. -- Brookstone said it has hired Stephen Bebis as its new president and CEO, effective immediately.

Bebis is the founder of Golf Town and served as its president and CEO for 14 years. He has also worked at Home Depot, serving as VP general merchandise manager for its mid-southern division.

March 19, 2012

Online diamond and fine jewelry retailer Blue Nile announced the appointment of Harvey Kanter as CEO and president, effective March 30.

Seattle -- Online diamond and fine jewelry retailer Blue Nile announced the appointment of Harvey Kanter as CEO and president, effective March 30. Kanter will also be appointed to Blue Nile's board of directors, effective March 30.

Prior to joining Blue Nile, Kanter served as president and chief executive of Moosejaw Mountaineering and Backcountry Travel, a multichannel retailer of premium outdoor apparel and gear. Before Moosejaw, he served as executive VP and managing director of Michaels Stores.

December 12, 2011

Cosi announced the appointment of Carin L. Stutz as the company's new CEO and president beginning Jan.1.

Deerfield, Ill. -- Cosi announced the appointment of Carin L. Stutz as the company's new CEO and president beginning Jan.1. She also will join the Cosi board of directors.

Stutz, 55, joins Cosi from Brinker International, where she was president of global business development, leading all aspects of franchise development and operations for 240 Chili's and Maggiano's restaurants around the globe.

 

December 8, 2011

By all reports, the ICSC New York deal-making conference, held Dec. 5 and 6 in New York City, delivered what the retail and shopping center industries were waiting for: A sense of forward progress.

New York City -- By all reports, the ICSC New York deal-making conference, held Dec. 5 and 6 in New York City, delivered what the retail and shopping center industries were waiting for: A sense of forward progress.

Chain Store Age heard mostly positive comments from the show, such as “I haven’t seen this much deal action since 2006,” from one happy retail broker in the aisles of the New York Hilton meeting space. Mall developers unveiled redevelopment plans, and social media innovations and rollouts were the theme of the conference.

December 7, 2011

The retail sector continues to edge tentatively toward recovery, buoyed by a strong start to the holiday shopping season, but several obstacles stand in the way of sustained progress in 2012, according to Jones Lang LaSalle’s North America Year-end Retail Outlook.

New York City -- The retail sector continues to edge tentatively toward recovery, buoyed by a strong start to the holiday shopping season, but several obstacles stand in the way of sustained progress in 2012, according to Jones Lang LaSalle’s North America Year-end Retail Outlook.

December 7, 2011

Supervalu announced that it has joined the U.S. Department of Energy’s Better Buildings Challenge, which aims to engage building operators nationwide in improving energy efficiency by 20% by 2020.

Washington, D.C. — Supervalu announced that it has joined the U.S. Department of Energy’s Better Buildings Challenge, which aims to engage building operators nationwide in improving energy efficiency by 20% by 2020. The announcement was made by President Barack Obama and former President Bill Clinton during a leadership event attended by Craig Herkert, Supervalu CEO and president, this morning in Washington, D.C.

November 1, 2011

Jones Lang LaSalle announced Tuesday that it has launched a comprehensive digital media program across its 98 million-sq.-ft. nationwide retail portfolio.

Atlanta -- Jones Lang LaSalle announced Tuesday that it has launched a comprehensive digital media program across its 98 million-sq.-ft. nationwide retail portfolio.

The firm is rolling out The Scoop customer loyalty program, the My Style social media program and new center-specific mobile apps to deliver up-to-the-minute information on fashion trends, retailer promotions and events.

August 23, 2011

David Campisi, CEO and president of Sports Authority has suddenly resigned after just 17 months in the position, according to The Denver Post and other newspapers.

New York City -- David Campisi, CEO and president of Sports Authority has suddenly resigned after just 17 months in the position, according to The Denver Post and other newspapers. Campisi joined Sports Authority in 2004 and served in various executive roles prior to being named chief executive and president in 2010. No reason has been given for the departure.

August 12, 2011

Collective Brands’ Payless ShoeSource announced that it will rebuild its tornado-demolished store in Joplin, Mo., with a new 3,100-sq.-ft. store at the same location.

Topeka, Kan. -- Collective Brands’ Payless ShoeSource announced that it will rebuild its tornado-demolished store in Joplin, Mo., with a new 3,100-sq.-ft. store at the same location.

August 1, 2011

Sears Holdings Corp. announced Monday it has hired Edgar O. Huber as CEO and president of Lands' End.

Hoffman Estates, Ill. -- Sears Holdings Corp. announced Monday it has hired Edgar O. Huber as CEO and president of Lands' End.

Huber most recently was with Liz Claiborne, where he was the executive VP global business development. He will be based at Lands' End's home office in Dodgeville, Wis.
 

May 23, 2011

Sears Holdings announced that Sam Solomon has joined the company as SVP and president of its tools business.

Hoffman Estates, Ill. — Sears Holdings announced that Sam Solomon has joined the company as SVP and president of its tools business.  Solomon is responsible for developing and driving growth and profit opportunities for one of the company's cornerstone businesses, the company reported.  He was recently CEO and president of The Coleman Company Inc.  

May 12, 2011

Supervalu has named Santiago Roces, a former Wal-Mart Stores executive, as the CEO and president of its discount Save-A-Lot division.

Eden Prairie, Minn. -- Supervalu has named Santiago Roces, a former Wal-Mart Stores executive, as the CEO and president of its discount Save-A-Lot division. Roces, who most recently served as senior VP and general manager of Wal-Mart's small-format division, replaces Bill Shaner, who led Save-A-Lot since 2006 and worked for Supervalu for 27 years.

Supervalu it plans to double the number of Save-A-Lot stores, growing it to more than 2,400 locations by the end of 2015.

March 31, 2011

Wal-Mart Stores plans to expand its presence in the smaller cities of China, Ed Chan, CEO and president of the company’s China operations, said today at an investor meeting by video conference, Bloomberg reported.

New York City -- Wal-Mart Stores plans to expand its presence in the smaller cities of China, Ed Chan, CEO and president of the company’s China operations, said today at an investor meeting by video conference, Bloomberg reported.

The discounter may also buy more land to build stores in China, which it predicted will be the world’s largest grocery market by 2014, according to the report. Wal-Mart is building its seventh Sam’s Club outlet in the northeastern port city of Dalian, on the first plot of land it bought in the country.

July 1, 2010

Seems everyone has felt the economic crisis in his wallet. Unemployment remains high, wages...

Seems everyone has felt the economic crisis in his wallet. Unemployment remains high, wages are low, and salaries are frozen. Even C-level executives saw little if any upward mobility in salaries from 2008 to 2009.

Of course, middle managers and hourly workers might argue that living on a seven-figure salary, even in a crisis economy, doesn’t compare with living on a budget in mainstream America. Compounding the pain is the perception that incomes are fixed, with little opportunity to increase personal earnings.

December 14, 2008

Within the space of two weeks’ time early next year, we will inaugurate a new...