Content about vice chairman

June 24, 2014

As the key cog in the wheel of a retail chain’s financial structure, today’s retail CFOs find themselves caught in the crosshairs of senior management and stakeholders demanding maximum profit and measurable growth amid increased consolidation and tightened revenues.

But that’s nothing new. Financial chiefs have always had to balance profit and loss with expansion strategies. What has changed is that a whole host of added responsibilities has now entered the mix.

June 6, 2014

Wal-Mart Stores named Greg Penner, 44, to the new role of vice chairman, a move that positions him to be a successor to chairman Rob Walton. Penner, 44, is Walton’s son-in-law and has served on the board since 2008. The appointment was announced Friday morning at the company's shareholders' meeting.

April 2, 2014

JLL has named Robert Gibson vice chairman of New York retail brokerage.

January 30, 2014

Joe Doody, president North American commercial, has been named vice chairman of Staples, Inc., and Shira Goodman, executive VP, global growth, has been named president, North American commercial of Staples, Inc.

September 23, 2013

Weis Markets announced that company president and CEO David J. Hepfinger has left the company to pursue other interests.

September 10, 2013

Wayne Kulkin, former vice chairman of Stuart Weitzman, has been appointed CEO of the company, effective immediately.

August 21, 2013

CBRE Group announced today that Patrick Arangio, co-leader of CBRE’s Capital Markets’ National Loan Sale Advisory Group, has been promoted to vice chairman.

August 13, 2013

J.C. Penney Co. announced that activist investor and hedge fund manager Bill Ackman has resigned from the board of directors of the company, effective Aug. 12.

June 11, 2013

Joe Cosenza, vice chairman of Oak Brook, Ill.-based The Inland Real Estate Group, sat down with Chain Store Age senior editor Katherine Boccaccio for an exclusive video interview at RECon 2013 in Las Vegas.

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May 7, 2013

Editor's Note: Chain Store Age's 24th annual survey of Fastest-Growing Acquirers measured retail square footage purchased during the 2012 calendar year.

This year's Fastest-Growing Acquirers range from list regulars to newcomers, a clear sign that retail is returning as a favored sector for growth.

A recovering economy continues to make retail an appealing category for operators and investors alike and, as might be expected, this year's fraternity contains some of the industry's major consolidators. Yet it also holds investment funds branching into new sectors.

April 25, 2013

Weis Markets announced it would invest $135 million in its 2013 capital expenditure program, an 8% increase compared to the year prior.

November 27, 2012

A Tuesday report by the Wall Street Journal said that activist hedge fund Starboard Value has added former Home Depot and Chrysler executive Robert Nardelli and ex-Staples vice chairman Joseph Vassalluzzo as advisors – part of Starboard’s plan to make sweeping changes at Office Depot Inc.

November 12, 2012

Smartphones will be retailers’ friend this holiday season, according to Deloitte’s annual survey of spending intentions and trends.

June 27, 2012

A study released by Deloitte found that smartphones – which already influence 5.1% of all retail store sales in the United States – are expected to impact 19% of total store sales, amounting to $689 billion, by 2016.

April 25, 2012

Amidst allegations of involvement in a foreign bribery scandal, Wal-Mart Stores vice chairman Eduardo Castro-Wright has vacated his seat on the board of life insurer MetLife, according to a Tuesday announcement by Wal-Mart.

January 31, 2012

CBRE announced Tuesday that Louis G. Christopher has joined the firm as vice chairman, charged with focusing on tenant representation on a local, national and global level.

November 10, 2011

Deloitte’s 26th annual holiday survey of consumer spending intentions and trends, released Thursday, found that nearly half (48%) of consumers say they most likely will shop for gifts online this holiday season – a 13% increase from last year.

September 27, 2011

Albert Boscov, chairman and CEO of Boscov’s Department Stores, began his retail career at the ripe age of 6 when his father Solomon Boscov, the company’s founder, ‘hired’ him to catch flies in the family-owned store in downtown Reading, Pa. Little Albert didn’t have to travel very far: The store, founded in 1911, was located upstairs in the building where he and his family lived. 


September 22, 2011

Jewelry chain Birks & Mayors said Wednesday that its president and CEO Tom Andruskevich has said he will resign from the company, effective spring 2012, and will continue in a new board role as vice chairman.

August 31, 2011

Franklin Brown, the former vice chairman at Rite Aid, was freed from jail on Wednesday, according to the Associated Press.

December 9, 2010

Regional appliance and electronics chain Conn's said Thursday that chairman William C. Nylin Jr. is stepping down and will be succeeded as non-executive chairman by director Theodore Wright.

August 20, 2008

Wal-Mart Stores Inc. said on Thursday it had reached a settlement with its former vice...

August 18, 2008

Circuit City Stores Inc. said Tuesday it named James Marcum as its vice chairman. Marcum...

June 2, 2008

DSW Inc. has announced the launch of its e-commerce site, DSW.com. The company, which opened...

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