Management

Dover Saddlery Taps Brad Wolansky as CEO
May 31, 2017 at 3:29 pm

Dover Saddlery, a multichannel retailer of equestrian products, has named Brad Wolansky as CEO and a member of its board of directors, effective June 1. Most recently, Wolansky was interim chief digital officer at Performance Sports Group via Boston’s B2C Partners. Previously, he was president of consumer direct and president of fundraising, as well as…

New Hires to Drive BJ's Tech, Omnichannel Transformation
May 31, 2017 at 3:11 pm

BJ's Wholesale Club announced two new leadership hires that will drive the company's technology road map and omnichannel transformation. Scott Kessler has been named executive vice president, chief information officer, and Rafeh Masood has joined BJ's as senior vice president, chief digital officer. Most recently, Kessler was executive vice president and CIO at Belk. Prior to that,…

Office Depot Announces Leadership Changes
May 31, 2017 at 2:54 pm

Office Depot recently announced leadership changes that will affect a wide range of its operations. The new appointments include the following: Steve Calkins has been named president of Office Depot's Business Solutions division, which focuses on the office supply retailer's B-to-B customers. He joined the company's legal team in 2003, and had served as Office…

Retail Succession Planning: Now and Then
May 31, 2017 at 2:30 pm

Succession planning has always been an important discussion topic for every thoughtful or “planful” retail company. However, with the paradigm shift taking place in the industry, the importance of the process and of making it more than talk has become critical for several reasons. Not only is the current generation of retail leadership retiring in…

Michael Kors to Close Up to 125 Stores Over Next 2 Years
May 31, 2017 at 9:56 am

Michael Kors Holdings Ltd. announced during an earnings call that it will be closing 100 to 125 full-price stores over the next two years. This will save the company about $60 million annually, however, the designer handbag and accessories brand expects to incur about $100 million to $125 million in one-time charges. Michael Kors had…

Retail Right Now: May 26
May 26, 2017 at 11:27 am

Welcome to this week's episode of Retail Right Now. In this episode, Joe Keenan review the week's top retail news stories, including J.C. Penney's new CMO; Warby Parker's new Prescription Check app; and Target's settlement from a 2013 data breach.

Wal-Mart Announces Guaranteed Pay for Military Workers
May 25, 2017 at 10:09 am

Wal-Mart wants to make sure its employees who take time off to serve in the military never have to take a pay cut. The company on Tuesday announced a new pay policy for all full-time and part-time workers who leave for voluntary or involuntary military assignments. Wal-Mart's pledge is to cover the difference in pay…

Who Are Retail's Most Likeable CEOs?
May 24, 2017 at 1:40 pm

If you’re looking for a new senior-level job in the retail industry, you might want to reach out to Wooden Street, India’s first custom online furniture store, or Shaw Floors, a full-service flooring company with more than $4 billion in sales and 25,000 employees. Why? Because employees at these companies have the most likeable CEOs, according to…

Jesper Brodin Promoted to CEO at Ikea
May 24, 2017 at 1:28 pm

Ikea Group has named Jesper Brodin CEO after Peter Agnefjall decided to step down recently. Brodin is currently responsible for the Swedish furniture retailer’s product range and supply chain. He started at Ikea in 1995, and has worked in purchasing, product range development, logistics and group management. Ikea Chairman Lars-Johan Jarnheimer told Bloomberg that the…

Gymboree Names New President and CEO
May 24, 2017 at 12:58 pm

The Gymboree Corporation announced this week the appointment of Daniel Griesemer as the company's new president and CEO. Griesemer joins Gymboree after a successful five-year tenure leading Tillys, an action sports-inspired teen and young adult apparel retailer where he also served as president and CEO. Griesemer assumes his responsibilities from Interim CEO Mark Weikel, who will continue his…