Levi Strauss names president of global retail
New York — Levi Strauss & Co. promoted Joelle Mahler, senior VP of Americas Retail, to the new post of executive VP of the company, and president of global retail, effective immediately.
Mahler will be responsible for Levi’s retail operations worldwide, including company-owned, franchise and outlet stores, along with e-commerce.
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Sears launches online charity project
Hoffman Estates, Ill. — Sears Holdings Corp. said Wednesday it has launched a new online charity project designed to parlay customer opinions into charitable contributions.
The project, called “Love/Hate: Share Your Thoughts, Send Some Love,” allows customers to review a product in order to vote for one of four charities. The participating charities competing for the grand prize of $100,000 include the American Cancer Society, St. Jude Children’s Research Hospital, World Vision and World Wildlife Fund.
“Customer opinions are important to us at Sears. Good or bad, we want to encourage our online community to share their thoughts on our products,” said Adriana Llames, division VP social media marketing for Sears.
Through June 28, Sears customers will share opinions on Facebook at http://on.fb.me/LoveHateCharity, and every two weeks the retailer will make a contribution to one of the four charities, with the final grand prize charity receiving a $100,000 contribution that will be announced on Sears Holdings’ Shop Your Way social commerce site at Shopyourway.com.
The Sears Love/Hate project is down to the final three charities and which will be in the run-off for $100,000 is decided by public vote this Thursday. Vote now! http://budurl.com/searscharity American Cancer Society, St. Jude, and World Wildlife Fund need your vote before Thursday!
Ackman on J.C. Penney: Wait until August
New York — William Ackman, founder and CEO of Pershing Square Capital Management, said that J.C. Penney Co. should start to see “real progress” in early 2013. Ackman made his comments in an interview Tuesday on CNBC’s “Squawk Box.” Pershing Square owns about 18% of J.C. Penney.
Ackman, who has been steadfast in his support of CEO Ron Johnson’s ambitious reinvention of the chain, said that changes will start to become noticeable in Penney stores in August when new merchandise begins to make its way onto the sales floor.
Ackman also emphasized that it “takes time to educate the customer.”
"Ultimately, time is your friend when you look at strategy change," he said. “Eventually, people are going to get it."
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