OPERATIONS

Best Buy COO Steps Down

BY CSA STAFF

Richfield, Minn. The COO of Best Buy International, Kevin Layden, will resign, the company revealed in SEC documents Thursday, according to the Minneapolis/St. Paul Business Journal.

Best Buy said that Layden’s last day with the company will be July 4. The company did not give a reason for his departure, nor did it disclose who will take over the post.

Layden has been COO of Best Buy International since January 2008. Prior to that, he was president and COO of Best Buy Canada. He joined the company in 1997 as VP of merchandising.

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Report: Fresh & Easy to Expand Work Force

BY CSA STAFF

Phoenix Fresh & Easy Neighborhood Market plans to hire 750 additional employees over the next three months as a part of its continued expansion in Southern California, Arizona and Nevada, according to the Phoenix Business Journal.

The company will open its 62nd store in Manhattan Beach, Calif., July 2.

Each store employs about 25 people, with a total of more than 2,100 to date. Officials say they have had more than 13 applications for each job, the report said.

“We’re demonstrating our commitment to be a great place to work, and we’re thrilled about our continued expansion in California, Arizona and Nevada, despite tougher economic times,” said Tim Mason, Fresh & Easy Neighborhood Market CEO, in a statement. “We know our rewards and benefits package is competitive, and our timing is right — we’re creating quality jobs for our employees, right in their neighborhoods, with great opportunity for advancement.”

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BY CSA STAFF

Dothan, Ala. Movie Gallery Inc. said its chief merchandising officer has resigned, a month after the movie-rental company emerged from bankruptcy, according to the Birmingham Business Journal.

Bo Loyd resigned his post as executive VP and chief merchandising officer.

Sherif Mityas, Movie Gallery’s COO and president of retail operations, will assume Loyd’s responsibilities, the report said.

The company did not disclose how long Loyd had been with the company. Mityas joined the company earlier this month, the report said.

In May, the company emerged from Chapter 11 bankruptcy protection and announced a new CEO, C.J. “Gabe” Gabriel.

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