Lord & Taylor on the hunt for a new leader
Thirty-years plus Lord & Taylor veteran is stepping down.
Liz Rodbell, president of Lord & Taylor, which is owned by Hudson’s Bay Company, and of the industry’s most admired executives, is leaving the company at the end of April. A search is underway for her successor.
Rodbell joined Lord & Taylor in 1985, as a dress buyer. She went on to hold positions of increasing responsibility.
From 2014 to June 2017, Rodbell served as president of both Lord & Taylor and Hudson’s Bay, after serving as executive VP and chief merchant of both businesses.
Last June, as part of a HBC management organization, she lost her title at Hudson’s Bay and shifted her focus to just running Lord & Taylor.
“Liz is a strong leader at HBC who has made a mark on Hudson’s Bay over the last five years,” Jerry Storch, the then CEO of HBC, said in a statement at the time. “Liz’s vision for the future of retail has helped steer the business, and she truly understands our customer. With more than 30 years at Lord & Taylor, Liz is uniquely positioned to continue to lead the banner through its evolution and drive its digital strategy.”
Rodbell is credited with helping to grow Lord & Taylor’s e-commerce business, transforming the store into an multi-channel experience, and updating its image.
Executive departure at women’s specialty retailer
Anthropologie is getting a new leader. Or make that leaders.
Urban Outfitters, Inc. announced that David McCreight, CEO Anthropologie Group and president, Urban Outfitters, will leave the company on April 27, 2018. Going forward, Hillary Super, Anthropologie group president, apparel and accessories, will lead the brand in partnership with Andrew Carnie, Anthropologie group president, home, garden and international.
Same-store sales for Anthropologie rose 5% in the company’s fourth quarter.
“We thank David for his six years of service to the company during which time the Anthropologie group opened 60 stores and grew revenue by over 35%,” said Richard A. Hayne, CEO, Urban Outfitters. “Both Hillary and Andrew are strong leaders and excellent merchants with a solid understanding of the Anthropologie customer. Anthropologie Group’s current business is particularly robust, and we are excited about both the near and longer-term opportunities for growth under their leadership.”
Urban Outfitters operates 247 namesake stores in the United States, Canada, and Europe; 226 Anthropologie Group stores in the United States, Canada and Europe; 132 Free People stores in the United States and Canada, 10 restaurants, and assorted e-commerce sites of March 31, 2018.
Walmart exec joins PriceSmart
PriceSmart has a new finance head.
PriceSmart Inc. said it has appointed Maarten Jager as executive VP and CFO, effective April 24, 2018. Jager will replace John M. Heffner who has served in that role since January 2004 and had previously announced his plans to retire.
Jager currently serves as senior VP of Walmart International, where he has worked since 2014. During his tenure at Walmart, he served as senior VP and CFO of Sam’s Club from 2015 to 2018 and as senior VP and CFO of its Asia division from 2014 to 2015.
Prior to Walmart, from 2013 to 2014, Jager worked as a consultant to public and private companies and their executives providing guidance on growth, turnaround and organizational effectiveness.
PriceSmart, headquartered in San Diego, owns and operates 40 U.S.-style membership shopping warehouse clubs in Latin America and the Caribbean.