Modell’s Names Merchandising Exec VP
New York City Seth Horowitz, chairman, president and CEO of Everlast Worldwide has joined Modell’s Sporting Goods as executive VP of merchandising, advertising, marketing, planning and allocation.
Horowitz succeeded his father as chairman and CEO after he passed away in November 2005. He was serving as president and COO at the time.
Tractor Supply Co. Names New Board Member
Brentwood, Tenn. Tractor Supply Co. said Tuesday that William Bass will join the company’s board of directors.
Bass is co-founder and CEO of apparel retailer Fair Indigo. He also held management positions with Sears, Roebuck & Co. and Lands’ End Inc.
Tractor Supply Co. operates 738 stores in 40 states.
Wal-Mart Cuts Back on Weekly Managers’ Meetings
Bentonville, Ark. Wal-Mart Stores is doing away with one of its long-standing legacies—its weekly Saturday morning managers’ meeting, according to The Wall Street Journal.
Dating back to Wal-Mart’s earliest days, company managers have gathered on Saturday from 7:30 a.m. to 9:30 a.m. in Bentonville, Ark., to talk over business results and swap merchandising tips.
Despite complaints over the years about the early morning timing, Wal-Mart has required managers at its headquarters to attend two meetings a month, staggering attendance to fit the employees into its headquarters auditorium.
Wal-Mart said it will cut back the Saturday staff meetings to once a month starting in March, for the sake of efficiency, the report said.
The meetings will be broadcast on its closed-circuit network to allow those outside Bentonville to view the events.