Big Lots Executive VP Retires
Columbus, Ohio Big Lots Inc. said Wednesday Donald Mierzwa, executive VP for store operations, will retire after 19 years with the company.
Mierzwa oversaw store operations at the chain’s 1,300 stores. The company said it is currently searching for a replacement.
Target CEO to Retire
Minneapolis Target Corp. announced on Wednesday that Bob Ulrich will step down as chief executive, effective May 1. He will be replaced by Target president Gregg Steinhafel. Ulrich will remain chairman through the end of fiscal 2008.
Ulrich, 64, began his career as a merchandising trainee in 1967 at Dayton’s, a former division of Target Corporation. In 1994, he was named chairman and CEO of the corporation.
Steinhafel, 52, joined Target in 1979 and served in a variety of merchandising positions until being named executive VP, merchandising in 1994. He was appointed president in 1999 and became a member of the board of directors in 2007.
“During Bob’s tenure, Target has achieved outstanding financial results and became one of the most recognized and valuable brands in the world,” Steinhafel said in a prepared statement. “I am fortunate to have had the opportunity to learn from one of the best leaders in the retail industry.”
Talbots Names Bennett President of J. Jill
Hingham, Mass. Talbots Inc. said Tuesday it has appointed Paula Bennett to serve as president of its J. Jill brand, effective Jan. 28.
Bennett is currently with Orchard Brands where she serves as president and CEO of its Appleseed’s, Tog Shop and WinterSilks brands. She previously served as COO of Eileen Fisher.
Bennett is replacing Phil Kowalczyk, who was recently appointed COO at Talbots.