Content about president and CEO

June 24, 2014

Following the dismissal of former president and CEO Arthur T. Demoulas, the board of directors of Demoulas Super Markets Inc. has elected retail executives Felicia Thornton as COO and Jim Gooch as chief administrative officer, and the two will serve as co-CEOs.

Tewksbury, Mass. – Following the dismissal of former president and CEO Arthur T. Demoulas, the board of directors of Demoulas Super Markets Inc. has elected retail executives Felicia Thornton as COO and Jim Gooch as chief administrative officer, and the two will serve as co-CEOs. Both Thornton and Gooch had recently been serving as consultants to the company.

June 23, 2014

Rite Aid is bringing some glitz, as well as health consciousness, to its newly reopened Beverly Hills store.

Camp Hill, Pa. – Rite Aid is bringing some glitz, as well as health consciousness, to its newly reopened Beverly Hills store. On June 23, Rite Aid re-opened its Beverly Hills store with a major remodel that features its new wellness store design, as well as dining options.

June 20, 2014

John Donahoe, 54, president and CEO of EBay Inc., has been appointed to the board of directors of Nike Inc.

Beaverton, Ore. - John Donahoe, 54, president and CEO of EBay Inc., has been appointed to the board of directors of Nike Inc. Donahoe joined EBay in 2005 as president of EBay Marketplaces, and was appointed president and CEO in 2008.

June 20, 2014

Walmart Canada has appointed an executive from Delhaize Group, Dirk Van den Berghe, as president and CEO, effective Aug. 1.

Mississauga, Ontario -- Walmart Canada has appointed an executive from Delhaize Group, Dirk Van den Berghe, as president and CEO, effective Aug. 1.

Van den Berghe, who has 30 years of international business experience, most recently served as CEO of Delhaize’s Belgium and Luxembourg operations. His appointment at Walmart was seen as a way for the discounter to strengthen its grocery business in Canada.

June 10, 2014

Joel Anderson, president and chief executive officer of Walmart.com., has left the online giant to assume the role of president at Five Below, which targets pre-teens and teens with trendy, extreme-value merchandise priced at $5 and below. Walmart has appointed Fernando Madeira, CEO of Walmart.com's Latin America unit, as the new head of Walmart.com. He will relocate from Sao Paulo, Brazil, to San Bruno, California, where Wal-Mart’s global e-commerce operation is based.

New York — Joel Anderson, president and chief executive officer of Walmart.com., has left  the online giant to assume the role of president at Five Below, which targets pre-teens and teens with trendy, extreme-value merchandise priced at $5 and below. Walmart has appointed Fernando Madeira, CEO of Walmart.com's Latin America unit, as the new head of Walmart.com. He will relocate from Sao Paulo, Brazil, to San Bruno, California, where Wal-Mart’s global e-commerce operation is based.
 

June 6, 2014

Wal-Mart Stores president and CEO Doug McMillon told shareholders at the company’s annual meeting on Friday that the company would accelerate the pace of change going forward. Presiding over over his first shareholders’ meeting since being named chief executive, McMillon put a big emphasis on technology, saying that the chain needs to be “at the forefront of innovation and technology.”

Fayettville, Ark. — Wal-Mart Stores president and CEO Doug McMillon told shareholders at the company’s annual meeting on Friday that the company would accelerate the pace of change going forward. Presiding over over his first shareholders’ meeting since being named chief executive, McMillon put a big emphasis on technology, saying that the chain needs to be “at the forefront of innovation and technology.”

May 30, 2014

Wal-Mart Stores announced the promotion of Shelley Broader, currently president and CEO of Walmart Canada, to executive VP, president and CEO of Walmart EMEA, effective June 1.

Bentonville, Ark. -- Wal-Mart Stores announced the promotion of Shelley Broader, currently president and CEO of Walmart Canada, to executive VP, president and CEO of Walmart EMEA, effective June 1. In her new role, she will lead Walmart's retail operations and oversee business development in Europe, the Middle East, Sub-Saharan Africa and Canada and will report directly to David Cheesewright, president and CEO, Walmart International.

May 29, 2014

Canadian retailer David’s Tea has named Sylvain Toutant as president and CEO.

Montreal -- Canadian retailer David’s Tea has named Sylvain Toutant as president and CEO. He will be responsible for all operations at the company and oversee its growth in Canada, the United States and around the world. He will also serve on the board of directors.

Most recently, Toutant was president of Keurig Canada, where he accelerated growth through a strategic alliance with Keurig Green Mountain in the United States. He also headed Keurig's operations in the United Kingdom.

May 27, 2014

I indulged in a shopping center grand opening on May 22 – and I’m glad I did.

I indulged in a shopping center grand opening on May 22 – and I’m glad I did.

May 14, 2014

Krispy Kreme Doughnuts Inc. has named Anthony N. (“Tony”) Thompson, 47, as president and CEO, effective June 1.

Winston-Salem, N.C. – Krispy Kreme Doughnuts Inc. has named Anthony N. (“Tony”) Thompson, 47, as president and CEO, effective June 1. Thompson joins the company from Papa John’s International Inc., where he most recently served as president and COO.

May 2, 2014

When it comes to success in retail, the old mantra of “location, location, location” has been largely replaced by “customer, customer, customer.” That was one of the themes of the SPECS workshop session, “It’s All in the Demographics.”

“Yes, it’s about demographics, but it’s more than demographics. It’s about the lifestyle embedded in the demographics,” explained Bill Stinneford, executive VP retail, Buxton, Fort Worth, Texas, which provides customer analytics for site selection, marketing and e-commerce.

May 2, 2014

All eyes were on Texas as Chain Store Age’s SPECS conference celebrated its 50th annual show with an opening keynote by President George W. Bush. The 43rd president of the United States, who participated in a discussion moderated by Walgreens president and CEO Gregory Wasson, was given a standing ovation by attendees.

May 1, 2014

Editor’s Note: The 25th annual survey of Fastest-Growing Managers surveys new domestic and international third-party management and leasing contracts obtained during the 2013 calendar year and ranks the top performers. As always, the measuring stick is square footage.

April 28, 2014

Bob Evans Farms Inc. has appointed Kevin M. Sheehan, president and CEO of Norwegian Cruise Line, Kathy S. Lane, former CIO of TJX Companies Inc., and Larry S. McWilliams, co-CEO of Compass Marketing, to its board of directors.

New Albany, Ohio - Bob Evans Farms Inc. has appointed Kevin M. Sheehan, president and CEO of Norwegian Cruise Line, Kathy S. Lane, former CIO of TJX Companies Inc., and Larry S. McWilliams, co-CEO of Compass Marketing, to its board of directors. E. Gordon Gee, 70, is stepping down from the board effective immediately, following his acceptance in March of the permanent position of president of the West Virginia University.

April 23, 2014

Wal-Mart Stores, Inc. announced Wednesday that its former president and CEO Lee Scott will not seek re-election to the company’s board of directors.

Bentonville, Ark. -- Wal-Mart Stores, Inc. announced Wednesday that its former president and CEO Lee Scott will not seek re-election to the company’s board of directors.

As well, current board member Chris Williams will not stand for re-election to the board of directors at Walmart’s Annual Shareholders’ meeting on June 6.

April 8, 2014

Retail visual merchandising solution provider RBM Technologies has named E.Y. Snowden its new president and CEO.

Cambridge, Mass. – Retail visual merchandising solution provider RBM Technologies has named E.Y. Snowden its new president and CEO. Snowden was previously CEO of Boston Communications Group and president of APC/Sprint Spectrum.

In addition, RBM has closed a $9.5 million round of growth equity financing led by Spring Lake Equity Partners. RBM plans to use the financing to enhance its products and enter the international mobile market and new retail verticals.

March 28, 2014

Saddled with high levels of debt and sluggish sales, Brookstone Inc. is preparing to file for bankruptcy protection, with a plan already in place to be bought by specialty retailer Spencer Spirit Holdings Inc.

New York -- Saddled with high levels of debt and sluggish sales, Brookstone Inc. is preparing to file for bankruptcy protection, with a plan already in place to be bought by specialty retailer Spencer Spirit Holdings Inc.

March 25, 2014

Gordmans Stores announced that its president and CEO, Jeff Gordman, has given his resignation to the board.

Omaha, Neb. -- Gordmans Stores announced that its president and CEO, Jeff Gordman, has given his resignation to the board. The retailer said that Gorman is retiring to spend more time with his family and pursue outside interests.

T. Scott King, the current chairman of Gordmans’ board, will serve as interim CEO while a search is conducted for a permanent successor to Gordman. King will take an unpaid leave of absence from his position as senior managing director at Sun Capital Partners while he serves in the interim position.

March 21, 2014

The Great Atlantic & Pacific Tea Company (A&P) announced that company COO Paul Hertz has been appointed president and CEO, effective immediately.

Montvale, N.J. -- The Great Atlantic & Pacific Tea Company (A&P) announced that company COO Paul Hertz has been appointed president and CEO, effective immediately. He succeeds Sam Martin. In January, A&P confirmed Martin’s departure.

March 7, 2014

Cerberus Capital Managament, which owns Albertsons, won the bid for Safeway.

Pleasanton, Calif. — Cerberus Capital Managament, which owns Albertsons, won the bid for Safeway.

Safeway and Albertsons on Thursday announced a definitive agreement under which AB Acquisition will acquire all outstanding shares of Safeway in a deal valued at more than $9.1 billion. The transaction is expected to close in the fourth quarter of this year.

The companies will operate independently until closing.

March 4, 2014

As a category of shopping center, open-air centers have been evolving ever since the days they were called lifestyle centers. New categories of tenants have evolved, along with new ways of creating compelling tenant mixes and environments. We asked three open-air owners to tell us about current and possible future directions that evolution may take. 

The companies are San Diego-based American Assets Trust; Irvine Co. Retail Properties in Irvine, Calif.; and Columbus, Ohio-based Glimcher Realty Trust. Here’s what they had to say.

February 20, 2014

Wal-Mart Stores Inc. on Thursday doubled its projected growth of its small-store format as the retailer reported a disappointing fourth quarter and issued lower-than-expected fiscal 2015 guidance.

Bentonville, Ark. – Wal-Mart Stores Inc. on Thursday doubled its projected growth of its small-store format as the retailer reported a disappointing fourth quarter and issued lower-than-expected fiscal 2015 guidance. Net income for the quarter, which ended Jan. 31, fell 21% to $4.4 billion. Total sales increased 1.4% to $128.8 billion, including a $1.8 billion negative impact related to foreign currency translation. Same-store sales in the United States fell 0.4%.

February 18, 2014

Revionics, a provider of end-to-end merchandise optimization solutions, appointed the company’s president and CEO Marc Hafner as chairman of the board.

New York -- Revionics, a provider of end-to-end merchandise optimization solutions, appointed the company’s president and CEO Marc Hafner as chairman of the board.

Hafner has served as president and CEO since 2010 and with this newly added role he will lead the company’s strategic planning and accelerate its global growth.

February 14, 2014

Weiss Markets named Jonathan Weis as president and CEO. Weis, 46, will also retain his role as vice chairman of the chain.

Sunbury, Pa. — Weiss Markets named Jonathan Weis as president and CEO. Weis, 46, will also retain his role as vice chairman of the chain.

Weis has been serving as the company’s interim CEO since David Hepfinger departed in September. He is the son of Robert F. Weis, who remains chairman of Weis Markets.

 

 

 

February 5, 2014

Mark Panzer, president and CEO Pharmaca Integrative Pharmacy, will be leaving Pharmaca in pursuit of an opportunity at Sears Holding Company, according to Drug Store News.

BOULDER, Colo. — Mark Panzer, president and CEO Pharmaca Integrative Pharmacy, will be leaving Pharmaca in pursuit of an opportunity at Sears Holding Company, DSN has learned.

Panzer will be in charge of pharmacy operations at Sears Holding and will direct the health and wellness initiatives across K-Mart pharmacy as SVP and president pharmacy.