OPERATIONS

Saks appoints Jack Stahl to board

BY Staff Writer

New York City — Saks Inc. announced that Jack L. Stahl, 58, was appointed to the company’s board of directors effective Jan. 16. He also will serve on the audit committee of the board.

From 2002 through 2006, Stahl served as president and CEO of Revlon. Prior to joining Revlon, he spent over 20 years with The Coca-Cola Co.

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OPERATIONS

Bill Clinton delivers keynote at NRF show

BY Marianne Wilson

New York City — Former president Bill Clinton delivered a keynote address entitled “Embracing Our Common Humanity” to an overflow crowd Monday morning at the National Retail Federation’s 101st Annual Convention & Expo in New York.

In his speech, Clinton spoke about the inequality, instability and the unsustainable way of life which makes up the world today, and said there remains a strong connection between social opportunity and economic opportunity.

Clinton, who spoke in his capacity as founder of the Clinton Foundation, discussed a wide variety of topics. With regards to retail, he noted that it makes up nearly 20% of GDP and supports roughly 25% of jobs.

At the end of the presentation, Clinton was joined on the stage by NRF chairman and Macy’s CEO Terry Lundgren. In response to Lundgren’s question about where Clinton shopped this past holiday season, the former president said he shopped mostly local merchants in his home of Chappaqua, N.Y. He also bought some books at Argosy, an iconic independent bookstore in New York City.

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News

Banana Republic helps dress returning troops

BY CSA STAFF

SAN FRANCISCO — In an effort to help the thousands of troops returning home from serving overseas, Banana Republic has announced “Our Duty to You,” a program created to help military personnel prepare for their next professional opportunities. 

“As our military personnel return home from their duties abroad, we are reminded of the enormous sacrifices they and their families have made for us,” said Jack Calhoun, president of Banana Republic. “Banana Republic is committed to supporting people during the significant moments in their lives, and starting a new professional chapter is one of the most important. We are hopeful the ‘Our Duty to You’ program will help give military personnel the extra confidence and success they deserve.”

From Jan. 19 to 22, Banana Republic will offer military personnel and their families 50% off three full-priced items, and from Jan. 23 through Dec. 31, they will receive 15% off their full-priced purchases with a valid military/veterans ID. Additionally, Banana Republic has launched www.BananaRepublic.com/military, a website where military personnel can find workplace styling tips, resume writing tips and links to Gap Inc. career opportunities that are a good fit for returning veterans.

To further assist servicemen and women, on Jan. 20 from 10 a.m. to 1 p.m. eight Banana Republic stores across the country will host special events where attendees can gain useful interviewing and resume writing tips from Banana Republic HR specialists as well as workplace wardrobe tips from trained Banana Republic stylists. The eight stores are all located nearby military bases and can be found in the following malls and shopping centers:

Fashion Valley – San Diego, Calif.

Tyson’s Corner – McLean, Va.

Ala Moana – Honolulu, Hawaii

Fashion Centre at Pentagon City – Arlington, Va.

Horton Plaza – San Diego, Calif.

Brook 35 Plaza – Sea Girt, N.J.

Otay Ranch – Chula Vista, Calif.

Westfield Annapolis – Annapolis, Md.

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