OPERATIONS

Citi Trends President to Retire

BY CSA STAFF

Savannah, Ga., Citi Trends Inc. said Wednesday that company president and chief merchandising officer George A. Bellino will retire in the spring or summer of 2008.

The value–priced apparel company said it will start a search for a new chief merchandising officer immediately.

Bellino has been in his current role since 2001 and was a company director from 1999 to 2005. He was previously chief executive of the company as well.

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OPERATIONS

Pep Boys Names New Board of Directors Member

BY CSA STAFF

Philadelphia The Pep Boys – Manny, Moe & Jack announced that Dr. Irvin D. Reid has joined its board of directors.

Dr. Reid is president of Wayne State University, an urban research university located in Detroit. He also serves as a director of Mack-Cali Realty Corp. and Handleman Corp., and sits on the board of the Federal Reserve Bank of Chicago (Detroit branch).

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OPERATIONS

Collective Brands Names CEO

BY CSA STAFF

Topeka, Kan., Collective Brands Inc. said Wednesday it had named Gregg Ribatt to take over as CEO and president of its subsidiary, The Stride Rite Corp.

Ribatt will start Jan. 7, overseeing the operation of 300 Stride Rite stores and developing its Stride Rite, Keds, Saucony and Sperry Top-Sider brands.

He most recently served as CEO of Stuart Weitzman Holdings, a New York-based designer of women’s shoes and handbags.

Ribatt replaces current COO Rick Thornton, who has left the Lexington, Mass.-based subsidiary.

Payless ShoeSource Inc. bought rival Stride Rite for about $800 million this summer, before changing the corporate name to Collective Brands.

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