Content about president and CEO

May 18, 2012
Hefner out, Redfield in as Sam’s Club new head merchant

Sam Club president and CEO Ros Brewer on Thursday named Charles Redfield as Sam’s newest EVP merchandising to replace Linda Hefner who will relocate to Chicago, according to an internal announcement.

May 17, 2012
Walmart Q1 comps gain 2.6%

First quarter profits at Walmart exceeded analysts’ estimates as same-store sales increased 2.6% and the company said it strategy of low prices on a broad merchandise assortment is resonating again with shoppers.

May 16, 2012
Hawaiin boutique owner wins top prize in NRF's 'This is Retail' contest

Tanna Dang, co-owner of the Eden in Love boutique in Honolulu, Hawaii was awarded the top $25,000 prize in the National Retail Federation’s inaugural “This is Retail” video contest.

May 11, 2012
CVS Caremark discusses growth at annual stockholders meeting

CVS Caremark held its annual meeting of stockholders at its headquarters on Thursday, and the tone attendees heard was a positive one.

May 11, 2012
QVC names CEO of European division

QVC has announced the promotion of Steve Hofmann to CEO of QVC Europe, reporting to QVC president and CEO, Mike George.

May 10, 2012
Investment in online pays off

Though 79 is just one point shy of what ForeSee considers a superior score on its annual top 100 online retailers for customer satisfaction list, Target should still be concerned as it was three points behind rival Walmart, and three points does make a difference.

May 9, 2012
A&P to feature CEO in campaign highlighting new store services and products

MONTVALE, N.J. — A&P president and CEO Sam Martin, will be the star of the retailer's new integrated marketing campaign highlighting the company’s vision to be the best neighborhood food and drug store by offering high-quality, localized products, enhanced services and greater value, the company announced Wednesday.

May 8, 2012
OfficeMax Q1 profits drop on store closing costs

Charges related to store closures in the United States caused OfficeMax's first quarter net income to drop from $4.9 million, or 6 cents per diluted share, compared with $11.4 million, or 12 cents per diluted share, in the first quarter of 2011.

May 3, 2012
Major Walmart shareholder urges rejection of key board members at annual meeting

It’s looking like Walmart’s upcoming annual meeting is going to be a bittersweet affair as the company observes its 50th anniversary against the backdrop of an unfolding Mexican bribery scandal and an appeal from a major shareholder this week urging a no vote on five board members.

May 3, 2012
WMT CEO Duke to be honored by executive women

After the pounding Walmart and its president and CEO Mike Duke have taken in recent weeks in the media over the alleged Mexican bribery and cover up scandal detailed by the New York Times, the company and its leader received some good news this week from the Network of Executive Women.

May 2, 2012
CVS raises guidance on solid Q1 performance

CVS Caremark’s president and CEO Larry Merlo told analysts Wednesday morning that he was “very pleased” with its first quarter, as results across both the retail and pharmacy benefit management segments came in at the high end of expectations and its integrated assets continue to demonstrate success and improve patient lives.

May 2, 2012
Network of Executive Women honors Walmart chief Duke with diversity award

The Network of Executive Women is honoring Michael Duke, president and CEO of Wal-Mart Stores, with its William J. Grize Diversity Hall of Fame Award, on June 28 during Women's Day at the LPGA in Rogers Ark.

April 13, 2012
McMillon balances freedom and framework internationally

More framework and less freedom is how Walmart International president and CEO Doug McMillon described the subtle shift occurring within a $126 billion division where he is looking to drive improved performance with a “powered by Walmart” approach.

April 13, 2012
Record expansion and leadership depth on display in Canada

Impressive. That is the best way to describe what a ballroom full of financial analysts and thousands of others watching via Web cast saw unfold Thursday inside a Toronto hotel ballroom where Walmart held its annual international meeting for the financial community.

April 12, 2012
Target a Canadian game changer, not so fast

The Canadian consumer is a value conscious, “tough nut to crack,” who is already well-served by existing retailers, according to Diane Briesebois, president and CEO of the Retail Council of Canada, a trade association founded in 1963 that represents retailers that operate more than 45,000 stores and account for 85% of Canadian retail sales.

April 11, 2012
Payless ShoeSource names GM for women's, accessories

Payless ShoeSource, a business unit of Collective Brands, has named Michele Bergerac SVP and general merchandise manager for Payless' women's and accessories businesses, reporting to LuAnn Via, president and CEO for Payless.

April 5, 2012
Pier 1 seeks multi-channel dominance

Bed Bath and Beyond may dominate the housewares retail space, but that isn't stopping companies like Pier 1 Imports from trying to take a bigger share.

March 29, 2012
Stage Stores names interim CEO

Stage Stores announced Michael Glazer has been appointed to the position of president and CEO on an interim basis.

March 27, 2012
Express Scripts exit gives Walgreens confidence in Q2

On the eve of a potential Federal Trade Commission approval of the Express Scripts/Medco merger, Walgreens' underlying fundamentals still are strong, Walgreens president and CEO Greg Wasson told analysts Tuesday morning.

March 20, 2012
NRF expects sales to hop up this Easter

While intentions aren't always equal to results, if NRF's predictions are correct, consumers will be shelling out quite a bit of cash this Easter.

March 14, 2012
New CFO to lead new era at A&P

A&P has emerged from Chapter 11, and tasked with ensuring the company stays on sure financial footing is Raymond Silcock, who has been promoted to the role of CFO reporting to president and CEO Sam Martin.

March 12, 2012
Former Sam’s CEO Cornell lands at PepsiCo

Less than two months after resigning as president and CEO of Sam’s Club, Brian Cornell has landed at Purchase, N.Y.-based PepsiCo where he will serve as CEO of the company’s North American food division reporting to chairman and CEO Indra Nooyi.

March 9, 2012
Hostess hopes to sweeten turnaround with new CEO

Hostess Brands has appointed Gregory Rayburn as president and CEO. He also was named to the company’s board of directors.

March 8, 2012
It’s all relative on the global stage

Walmart president and CEO Mike Duke frequently asserts no other global retailer is better positioned than Walmart, and it is easy to see why he holds that view especially when compared with the situation at the world’s second largest retailer.

March 2, 2012
Achieving fulfillment, making a difference the Simon way

Walmart U.S. president and CEO Bill Simon has the coolest job in the world, and he explained why during a luncheon presentation Thursday at the Cross Church in Rogers Ark. where he touched on his military career, being exceptional and overcoming evil.

© 2012 Retailing Today. All Rights Reserved.