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Retail Movers & Shakers

A week does not go by without a significant promotion or appointment within retail companies — including merchants, industry associations as well as solution providers. Retail TouchPoints presents these updates via the Retail Movers & Shakers section, spotlighting the individuals and companies announcing important new executive developments.

Schnucks Markets Names New President And COO

Schnucks Markets, Inc. has named David A. Peacock, former President of Anheuser-Busch, as President and COO. Peacock will be responsible for managing procurement/merchandising, operations, marketing/communications and supply chain for the company’s 100 stores.

HSN CEO Steps Down To Lead Weight Watchers

HSN announced that the retailer’s CEO Mindy Grossman will step down from her position after 11 years in the job. Shortly after the announcement, Weight Watchers International Inc. said Grossman will become its new CEO, effective July 2017.

DSW Names Nordstrom Exec To COO Spot

Longtime Nordstrom executive Michele Love has been named EVP and COO at DSW Inc. With responsibility for marketing and digital, Love will oversee all aspects of customer engagement, with the goal of driving impactful and consistent messaging across all touch points. Love also will be responsible for delivering DSW’s unique warehouse experience in more than 500 Designer Shoe Warehouses nationwide. She will report directly to CEO Roger Rawlins.

Sears Continues Store Closures, Replaces CFO

Sears Holdings began this year with an announcement that it would close 150 stores in 2017,  and things have not improved in the months since. The retailer is shuttering 92 underperforming pharmacy operations in certain Kmart stores and 50 Sears Auto Center locations. The company has updated its strategic restructuring…
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Albertsons Promotes Denningham To President And COO

Albertsons Companies has promoted long-time executive Wayne Denningham to President and COO. Bob Miller remains chairman and CEO, titles he has held since April 2015. In this new combined role, Denningham will continue to lead store operations for the supermarket chain, with added oversight of marketing and merchandising, supply chain, manufacturing and integration. “I asked Wayne to join Albertsons LLC in 2006 to lead our Rocky Mountain Division,” said Miller in a statement. “Since that time, he’s led three different divisions, helped to negotiate and manage some of our most significant acquisitions, and successfully turned around some of our toughest assets.”

Touch Of Modern Names First President/COO

Touch of Modern has named Egon Smola to the newly created position of President and Chief Operating Officer. Smola will report to CEO and Co-Founder Jerry Hum and will be responsible for day-to-day operations, including developing existing internal talent and promoting company culture. In the role, Smola will partner with Hum to determine strategic direction for the company, manage interaction with the Board of Directors, and explore fundraising and strategic partnership opportunities.

Crate & Barrel, Benetton CEOs Call It Quits

The CEOs at Crate & Barrel and Benetton Group have decided to step down from their positions. The situations at each company are different, although both announcements come as something of a surprise. In the case of Crate & Barrel, chief exec Doug Diemoz resigned on April 14 in the…
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Kohl’s Names First CMO Since 2012

Kohl’s has named former Best Buy exec Greg Revelle as its CMO, filling this position for the first time in five years. The CMO spot has been vacant since Julie Gardner stepped down in November 2012. In the role, Revelle will be responsible for Kohl’s marketing organization and overall marketing strategy, including the company’s focus on driving customer engagement through analytics, enhancing the loyalty platform, accelerating customer traffic and continuing to build Kohl’s overall brand position. Revelle will report directly to Chief Merchandising and Customer Officer Michelle Gass.

Coach Creates CEO Position For Namesake Brand

Coach Inc. has named Joshua Schulman President and CEO of its namesake brand, effective June 5, 2017. In this newly created role, Schulman will report directly to Victor Luis, CEO of Coach, Inc. Schulman is currently president of Bergdorf Goodman and NMG International. He served CEO of Jimmy Choo from 2007 to 2012, and has previously held executive roles at Gap, Yves Saint Laurent and Gucci.

Former Kmart President To Lead Pier 1 Imports

Pier 1 Imports has tapped former Kmart President Alasdair James as its new President and CEO, effective May 1, 2017. James announced he was stepping down from his role at Kmart in mid-March 2017. He was the third exec to leave the struggling retailer in the span of a few months.

Colleen Wegman Named President, CEO Of Wegmans

Wegmans is keeping its business in the family. CEO Danny Wegman has named his daughter Colleen as President and CEO of Wegmans Food Markets, Inc., while he stays on as Chairman. Colleen Wegman joined the family-owned company in 1991. She has held numerous positions in the company, including store manager, director of e-Commerce and vice president. She was named president by her late grandfather Robert B. Wegman in 2005.

Criteo Hires EVP Of Americas To Lead Sales Team

Performance marketing technology provider Criteo has named Greg Archibald EVP of Americas. In this role Archibald will oversee the Americas sales team responsible for all revenue operations including strategic planning, budgeting and national sales execution. Archibald will report directly to Chief Revenue Officer Mollie Spilman.
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