Christopher & Banks Adds Former Galyan’s Head to Board
Minneapolis, Christopher & Banks Corp. has added Robert Mang to its board of directors. He was chairman and CEO of Galyan’s Trading Co. from 2000 to his retirement in 2004.
His addition expands the retailer’s total number of board seats to eight and the number of independent directors to six.
Safeway Replaces Dominick’s Chief
Pleasanton, Calif., Safeway Inc. has rotated Don Keprta into the top position at its Dominick’s division. He replaces executive VP Bruce Everette, who is returning to Pleasanton from Dominick’s Chicago headquarters to take on broader retail responsibilities at the parent company.
Keprta most recently served as Dominick’s VP of retail support.
May Acquisition Boosts Federated’s 3Q
Cincinnati, Federated Department Stores posted net income of $436 million. That’s more than quadruple the $74 million it recorded in the year-ago period, but it includes results from the recently acquired May Department Stores Co.
Federated’s net sales for the third quarter were $5.78 billion, up 64.1% from last year. Same-store sales grew 0.6%.