Management

Edible Arrangements Names New Chief Marketing Officer
December 6, 2017 at 5:15 pm

Edible Arrangements announced that Kaitlin Reiss has been named chief marketing officer of the world's largest franchisor of shops offering creatively designed, fresh cut fruit arrangements and treats. Reiss has been with the company for 12 years, and most recently served as vice president of marketing and e-commerce. “There are not many people that know Edible…

Under Armour Taps Yahoo Exec as New SVP of Digital Product
December 6, 2017 at 5:08 pm

Under Armour announced a series of executive moves as it restructures. The sports apparel brand announced this week that Michael La Guardia has been named senior vice president of digital product, effective Jan. 8. He will be reporting to Paul Fipps, chief technology officer. La Guardia was most recently the head of product for both…

Lowe's Names Sylvain Prud'homme President, International
December 6, 2017 at 4:54 pm

Lowe's announced that Sylvain Prud'homme has been appointed president, international, effective Dec. 15. Prud'homme will report to Lowe's chairman, president and CEO, Robert A. Niblock, and will remain based in Boucherville, Quebec. He will continue to serve as president and CEO of Lowe's Canada and add responsibilities for the Mexico business. This appointment follows the announcement that…

PetSmart Hires New Chief Marketing Officer
December 6, 2017 at 4:25 pm

PetSmart has named Joshua Kantar its new chief marketing officer. In his new role Kantar will oversee all aspects of PetSmart’s brand marketing, digital, media and creative. Prior to PetSmart, Kantar worked as vice president of marketing and customer experience for Viking Cruises, as well as senior vice president of marketing at Caesars Entertainment. “Joshua is…

Judge Approves $14M Toys"R"Us Executive Bonus Payout
December 6, 2017 at 12:21 pm

The judge overseeing the Toys"R"Us bankruptcy case ruled Tuesday that the insolvent retailer can pay its 17 top executives $14 million in incentive bonuses. Toys"R"Us, which is based in Wayne, N.J., agreed to trim its original $16 million bonus proposal by $2 million, and to make $5 million of the bonus payout contingent on the company creating…

Charming Charlie Announces Management Changes, Store Closures
December 5, 2017 at 12:26 pm

Charming Charlie is overhauling its operations and management in an attempt to stem financial losses and restructure a heavy debt load during the critical holiday season. The Houston-based accessories retailer announced this month plans to pare down its chain of about 375 stores by an unspecified number, cut jobs at its Houston headquarters and distribution center,…

Blue Apron Co-Founder Steps Down as CEO
December 1, 2017 at 11:32 am

Less than a month after an earnings report indicated customers dropped 6 percent from last year, Blue Apron Holdings has announced that Matt Salzberg, the company's co-founder, has stepped down from his role as president and chief executive officer. In addition, the company's board of directors has appointed Brad Dickerson, Blue Apron's current CFO, to fill both of those roles.…

Lowe's COO Retiring; Replacement Named
November 29, 2017 at 4:50 pm

Lowe's Companies, Inc. announced last week that Richard D. Maltsbarger, the company's current chief development officer and president, international, has been appointed chief operating officer (COO), effective Feb. 3. Maltsbarger will succeed Rick D. Damron, who will retire in February after 36 years with the company. Damron…

Macy's Requires Appointment to Meet Santa at NYC Flagship
November 21, 2017 at 12:49 pm

At Macy's flagship store on 34th Street in New York City, a chance to sit on Santa's lap is by appointment only this year, for the first time ever. Starting Monday, families can go online to sign up for a time slot from 30 minutes to five days in advance. Admission is free to Santaland Herald…

Toys"R"Us Seeks OK for $16M in Executive Bonus Pay
November 16, 2017 at 1:12 pm

Toys”R”Us is seeking approval to pay 17 of its senior executives $16 million in incentive bonuses. Those bonuses could exceed the estimated amount if toys sales are better than expected during the holiday season. The bankrupt retailer is arguing the incentives for the senior-level executives are necessary in order to retain top-level talent through its…