Sears’ Lampert Ups AutoNation Stake
Ft. Lauderdale, Fla. Sears Holdings Corp. chairman Edward Lampert has brought his stake in AutoNation to about 39%, according to an article in the South Florida Business Journal.
According to Securities and Exchange Commission filings on Tuesday, Lampert bought about 521,000 shares on May 22 for between $15.44 and $16 each. He now holds about 69.6 million shares.
Lampert has been steadily growing his stake in the Fort Lauderdale-based auto retailer.
Last week, he bought 145,600 shares for between $16.14 and $16.25 each. When he stepped off AutoNation’s board in March 2007, Lampert held a 24% stake in the company. By March 14, 2008, he owned 37.2%, and by May 6, he owned 37.9%.
Krupa in talks to represent Giantto
LAS VEGAS The Giantto Group, a Los Angeles-based jewelry company specializing in original custom jewelry, announced that it is in talks with supermodel Joanna Krupa to make her the new official spokesmodel for the group.
Krupa is set to make an appearance on June 1 at the JCK exhibition. A popular model, Krupa has appeared in GQ and FHM.
Big Lots names store ops vp
COLUMBUS, Ohio Big Lots has named Christopher Chapin as senior vp of store operations, effective immediately. Chapin will report to ceo Steve Fishman.
Chapin will oversee store standards, field operations, customer service, process development, and program implementation for the company’s 1,300+ closeout retail stores in 47 states.
Chapin most recently served as president of FacilitySource, a worldwide retail facility maintenance and management business headquartered in Secaucus, N.J. Previously, Chapin was with Limited Brands as vp of store operations and YUM Brands as national director of operations.