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.
Prior to his three-year tenure at Kmart, James served as Commercial Director of Tesco’s Global Business Unit, as well as Executive Vice President and Commercial Director of Tesco China.
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“In our search for a new leader to navigate Pier 1 Imports through this challenging and exciting retail environment, our Board sought an innovative, customer-centric and proven leader with a visionary perspective,” said Terry E. London, Chairman of the Board of Pier 1 Imports in a statement. “Alasdair comes to us with the strong, consumer-focused background, track record of success and strategic capability we were seeking.”
