Icing being rebranded; 35 stores on tap
New York — Icing, a division of Claire’s Stores, is being re-branded with a new store design, new logo and updated imagery, Women’s Wear Daily reported.
The jewelry and accessories retailer plans to open some 35 stores this year, including a flagship in Chicago. The new locations will feature the updated design. Existing stores will be remodeled.
J.C. Penney names VP human resources
Plano, Texas — J. C. Penney Company announced the promotion of Brynn Evanson to EVP human resources, leading all HR functions across stores, supply chain and the home office, including team member relations, recruiting, learning and development, compensation and benefits, and talent operations. Evanson will join the company`s executive board, reporting to CEO Myron E. (Mike) Ullman, III.
Evanson, 44, joined J.C. Penney in 2009 and most recently served as VP compensation, benefits and talent operations.
Panera Bread’s Ron Shaich to shift from co-CEO to solo CEO
St. Louis — Panera Bread Company on Tuesday said that chairman and co-CEO Ron Shaich will once again serve as the company’s sole CEO starting on Aug. 1. Bill Moreton, who currently serves as co-CEO and president, plans to transition to an executive vice chairman role in order to spend more time on a family matter.
Moreton commented: "As a result of this family matter, I have found myself unable to travel and am now clear I will be challenged to fully execute my responsibilities as president and Co-CEO of Panera Bread.”
Shaich is Panera’s founder and longtime CEO, having served as sole CEO from May 1994 to May 2010 and Co-CEO from January 1988 to May 1994 and March 2012 to present.
In other news, Panera’s net income rose to $48.1 million in the first quarter, which ended March 26, from $41.2 million a year earlier.