OPERATIONS

Pier I Imports names former J.C. Penney exec as executive VP of marketing

BY Marianne Wilson

Fort Worth, Texas — Pier 1 Imports has named Eric Hunter as executive VP of marketing, responsible for the company’s brand image and integrated marketing efforts. He most recently served as senior VP of marketing and acting chief marketing officer for J.C. Penney Co., where he led strategy, research, creative, media, customer relationship management and digital direction for the JCP enterprise brand and all JCP-owned brands.

Previously, he served as chief marketing officer & group president with Kellwood Company, an affiliated portfolio company of Sun Capital Partners.

Hunter’s appointment at Pier I comes days after the company credited misguided marketing as one of the reasons for its poor performance in the second quarter.

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OPERATIONS

Weis Markets CEO resigns; vice chairman named interim chief executive

BY Marianne Wilson

Sunbury, Pa. — Weis Markets announced that company president and CEO David J. Hepfinger has left the company to pursue other interests. Company vice chairman Jonathan H. Weis replaces him as interim CEO. Robert F. Weis remains as company chairman.

Hepfinger has also resigned from the company’s board of directors. As part of the reorganization, Kurt Schertle, executive VP, sales and merchandising will report directly to Weis who will also oversee the company’s real estate/store development, finance and human resources’ teams.

Until the reorganization is complete, Schertle will take on additional responsibilities, overseeing store operations and its operations support team.

Weis Markets operates165 stores in Pennsylvania, Maryland, New Jersey, New York and West Virginia.

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G.Hearn says:
Sep-24-2013 11:39 am

Thank you for another
Thank you for another fantastic posting. Where else could anyone get that kind of information in such a perfect way of writing? I have a speech next week, and I was looking for more info ; AC Dealer in mumbai

L.Kjl says:
Sep-24-2013 10:11 am

There is always a better
There is always a better business that we can carry in this place. - Integrity Spas

G.Hearn says:
Sep-24-2013 11:39 am

Thank you for another fantastic posting. Where else could anyone get that kind of information in such a perfect way of writing? I have a speech next week, and I was looking for more info ; AC Dealer in mumbai

L.Kjl says:
Sep-24-2013 10:11 am

There is always a better business that we can carry in this place. - Integrity Spas

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FINANCE

Sport Chalet hires Cappello Capital Corp. as exclusive financial advisor

BY Staff Writer

Los Angeles — Sport Chalet has engaged Cappello Capital Corp. as its exclusive financial advisor to assist in exploring a range of options including strategic partners, investors, alliances and joint ventures.

"While we lack the capital of some of our larger competitors, over the past year we have taken definitive steps to position Sport Chalet for future growth. We believe that in collaboration with the right partner, we can more expeditiously implement our growth plans across all channels and create shareholder value," said Craig Levra, Sport Chalet’s chairman and CEO. "We selected Cappello Capital Corp. to help us identify options to accelerate growth and realize the untapped value of our company and brand. Cappello has an impressive track record of helping companies identify strategic partners and raise growth capital, and we believe they are the ideal firm to assist us in this important endeavor."

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