OPERATIONS

Customer Opens Fire at Tenn. Mall, Killing Worker

BY CSA STAFF

Knoxville, Tenn. A customer opened fire in a crowded shopping mall Wednesday afternoon in Knoxville, Tenn., killing an employee of the Reno Menswear clothing store before he was shot and wounded by police officers, authorities said. Witnesses said the gunfire sent people “stampeding” for cover, according to the Associated Press.

The employee was shot multiple times around 4:20 p.m. after a confrontation with the man at Knoxville Center Mall, police spokesman Darrell DeBusk said.  He died at the scene.

The suspect was taken to University of Tennessee Medical Center and was in stable condition. Police didn’t release the names of the customer or the suspect.

The mall, owned by Simon Property Group of Indianapolis, closed early because of the shooting.

Mall manager Tim Hill said in a release that the company was “deeply saddened” by the tragedy, offered sympathy to the victim and his family and pledged full cooperation with authorities.

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OPERATIONS

Save Mart Confirms CFO

BY CSA STAFF

Modesto, Calif. Save Mart Supermarkets confirmed the appointment of Stephen Ackerman as CFO. He had been acting CFO and VP of finance since May.

Save Mart operates nearly 250 stores in Northern California and Northern Nevada.

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OPERATIONS

Stage Stores Names President, COO of Peebles Division

BY CSA STAFF

Houston Stage Stores, Inc. announced that Richard Maloney joined the company as president and COO of its Peebles division. Maloney succeeds Dennis Abramczyk, who announced his intent to retire in January 2008.

Maloney has over 31 years of retail experience, while 15 of which were in senior executive roles. Prior to joining Stage Stores, Maloney spent five years as a business consultant, and seven years as president and CEO of the Meier and Frank division of The May Department Stores Co. (now part of Macy’s).

Maloney also held various senior merchandising positions of increasing responsibility at a number of former Macy’s divisions.

He will be responsible for all operations of the Peebles division, including merchandising, marketing, planning and allocation, and store operations.

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