MCM Electronics, Sharper Image, Eddie Bauer, Talbots, Red Envelope, Neiman Marcus, Guitar Center and More

Talbots: Trudy Sullivan has been named CEO of this clothing retailer. Previously, she served as president of Liz Claiborne. She succeeds Arnold Zetcher, who is resigning after two decades at Talbots’ helm.

Financial Briefs

Red Envelope: Despite a 0.4 percent loss for the recently completed fourth fiscal quarter ($21.9 million in net revenue, compared to $22 million in 2006), the retailer posted a 7.1 percent gain for the fiscal year. Net revenues grew to $121.3 million, compared to $113.2 million in 2006.