C-SUITE

Discounter’s head of risk and compliance to depart

BY Deena M. Amato-McCoy

Target is losing another key executive.

Jackie Rice, Target's chief risk and compliance officer, announced she will be leaving the company at the end of the month. Rice announced that leaving is a personal decision, and she wants to be closer to her family who lives outside of Minneapolis, according to the Minneapolis-St. Paul Business Journal.

Rice, who joined Target in 2014, was responsible for overseeing the enterprise’s risk management, compliance, vendor management and corporate security. She lead a team focused on evolving and enhancing enterprise risk and compliance standards to protect Target and the company’s stakeholders, including customers, team members and vendors.

Rice’s team, which is comprised of approximately 60 associates, will now report to chief legal officer Don Liu, who has a background in risk compliance. The company does not plan to replace her, the report said.

In the report, a Target spokesperson said, via an email, that the company was "extremely thankful for the work Jackie led in the past three years to strengthen our risk and compliance efforts." Rice was hired by CEO Brian Cornell, shortly after he joined the company in 2014 — and on the heels of Target’s high-profile data breach in a year earlier.

Rice’s upcoming departure is the latest in a string of leadership changes at Target in the last year. These include the addition of a new chief digital officer, head of grocery operations and leader of innovation and strategy.

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DESIGN/CONSTRUCTION

Sporting goods retailer in new store openings

BY Marianne Wilson

It's going to be a busy September for Dick's Sporting Goods.

The retailer will open eight namesake stores and two new Field & Stream stores in the first half of September, including three locations in California. The openings will give the company 711 Dick's locations and 34 Field & Stream locations across the country.

The new stores will bring approximately 875 total jobs to nine communities through the hiring of full-time, part-time and temporary associates for these stores.

"We're excited for the opening of 10 new stores across six states and look forward to expanding our exclusive offering of products and in-store services to communities that have a rich history of great sports and outdoor traditions." said Lauren Hobart, president, Dick's Sporting Goods.

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DESIGN/CONSTRUCTION

Home furnishings giant to open flagship in New York

BY Marianne Wilson

Pottery Barn is bringing its new store concept to the city where it all began.

The retailer, a division of Williams-Sonoma, will unveil a 17,000-sq.-ft. flagship on September 8, 2017, in Manhattan's Flatiron District. (The first Pottery Barn store opened in 1949 in the West Chelsea section of lower Manhattan.)

The new store is located in a landmark building constructed in 1904. The building is representative of New York’s Beaux-Arts movement, and features original columns and adorned ceiling accents.

The interior reflects Pottery Barn’s new store concept, and will feature local partnerships and exclusive products and services. These include "Design Crew," a new design services initiative that enables customers to work with a team of designers who will help them find the right products and services across all eight Williams-Sonoma brands.

The store will also offer a selection of one-of-a-kind vintage items hand-selected by Pottery Barn, with new ones continually being added. In-home installation services including, room painting, drape installation, gallery wall hanging and more will be available.

In addition, the flagship will be Pottery Barn's first location to offer a new design initiative called The Package Deal – Home in a Box. It offers a curated menu of furniture pieces that make up the foundation to a well-designed bedroom or living room, with packages starting at $1,000. Each season, the room offerings will vary as different products and pricing tiers are introduced.

"The first Pottery Barn store opened in New York City and it’s exciting to come full circle by opening a flagship store in the city where it all began,” said Marta Benson, president of Pottery Barn. “The new store concept is designed to enhance the customer experience to create an inviting, relaxed environment that makes the process of decorating your home effortless and fun."

Pottery Barn has 203 stores in the United States, Canada and Australia and unaffiliated franchisees that operate stores in the Middle East and the Philippines, as well as an ecommerce site. Williams-Sonoma's other banners include Williams Sonoma, Williams Sonoma Home, Pottery Barn Kids, PBteen, Mark and Graham, Rejuvenation, and West Elm.

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