Content about president and COO

January 27, 2014

Francesca's Holdings Corp. announced that in connection with a management restructuring, Theresa Backes, president and COO of Francesca's, will be leaving the company effective Jan. 27.

January 14, 2014

PetSmart Inc. announced changes to its management team in conjunction with the retirement of its president and COO, Joseph O’Leary.

January 9, 2014

Family Dollar Stores on Thursday announced that president and COO Michael Bloom has left the company to pursue other interests.

December 2, 2013

What are retail shopping center developers up to in the vibrant northeastern region of the United States?

All across the Northeast — in which we include Ohio, Maryland, Virginia, Pennsylvania, New Jersey and the traditional northeastern states to the north — developers are renovating, redeveloping, raising rents, welcoming tenants and starting to get back to normal.

October 30, 2013

Bloomingdale’s longtime chief executive and chairman, Michael Gould, 70, is stepping down after 22 years on the job.

October 17, 2013

The Kroger Co. named Michael L. Ellis, senior VP of retail divisions, as president COO effective January 1, 2014, completing the succession plan announced in September.

October 14, 2013

Family Dollar has elevated Jason Reiser to the position of senior VP/lead merchandising officer at Family Dollar, according to an internal memo from company president and COO Mike Bloom.

October 3, 2013

Power centers have proven themselves to be a resilient asset class in recent years. First the recession cut into business. Then e-commerce leveled some of their big-box tenants, hurt others and ignited a downsizing trend. 

Yet research from Washington, D.C.-based CoStar Group shows that only 2% of power centers have vacancy rates of 40% or higher and probably won’t recover. Another 6% have vacancy rates of 20% to 40% and are in serious condition but may recover.

After all the carnage, only a little more than 2% can’t recover? How can that be?

August 27, 2013

Supermarket-anchored shopping centers haven't changed much since the invention of suburbia. Find a good location, sign a grocery anchor, get a construction loan and some inline local, regional and maybe national retailers, and you're in business.

Today, however, supermarkets are beginning to change, and supermarket-anchored shopping centers, of course, must follow along.

Why are grocers changing? Competition from all sides.

Big boxes like Wal-Mart, Target, warehouse clubs and drug stores are competing with traditional grocers for commodity dry-goods sales.

August 7, 2013

The Limited said it has appointed former Brooks Bros. president and COO Diane Ellis as its new CEO, effective Aug. 26.

June 28, 2013

The Finish Line's first-quarter net income plunged 59% amid start-up costs related to its deal to open branded in-store shops in Macy’s. But the retailer still beat Wall Street expectations. In other news, the company announced a new role for retiring president and COO, Steve Schneider.

June 24, 2013

Rite Aid Corp. has promoted Ken Martindale, currently senior executive VP and COO, to president and COO.

June 10, 2013

Dollar Tree has promoted former COO Gary Philbin to the new position of president and COO.

April 26, 2013

Supervalu has elected Rite Aid chairman, president and CEO John Standley and Cerberus COO and general counsel Mark A. Neporent to its board of directors.


April 16, 2013

Stater Bros. Markets said Tuesday it has named that Peter Van Helden as president and COO, succeeding the retiring Jim Lee.

March 5, 2013

Best Buy Co. named Ron Wilson as president and COO of its Canadian operations, effective immediately.

February 21, 2013

Hastings Entertainment announced that Alan Van Ongevalle has been promoted to president and COO, effective Feb. 15.

January 23, 2013

PetSmart announced its planned management succession plan. The company said that following its annual shareholders meeting on June 14, 2013, current president and COO David K. Lenhardt will be promoted to CEO and simultaneously join the board of directors.

December 17, 2012

Staples Inc. announced Monday that its president and COO Michael Miles has left the company, effective Feb. 2.

October 25, 2012

Regional retailers are typically defined by geography, but Charlotte, N.C.-based Belk is a bit different than most. Distinguished by its signature Southern hospitality, the nation’s largest privately held department store chain has a dominant presence throughout the South and a footprint as far west as Oklahoma and north through Maryland. But its reach extends even farther, as Canadians and Californians alike shop its e-commerce site. 

September 27, 2012

Tractor Supply Co. said that, as part of its planned management succession, current president and COO Gregory Sandfort will assume the role of president and CEO, effective Jan. 1.

August 7, 2012

Private equity firm Sycamore Partners, which has wrapped up its $391 million acquisition of The Talbots, appointed Michael Archbold, formerly president and COO of Vitamin Shoppe, as CEO and CFO of Talbots.

February 22, 2012

After 30 years in the drug store sector, Michael Bloom left CVS Caremark in September 2011 to become president and COO of Family Dollar Stores. The extreme-value chain has adopted an aggressive growth strategy in recent years, and plans to open 450 to 500 stores in 2012.

Family Dollar is equally committed to improving existing locations. Under its ambitious store-reinvention program, an estimated 1,000 locations are scheduled to be renovated, relocated or expanded this year.

November 23, 2011

The new year will see a changing of the guard in the chief executive’s office of several big retailers. Here are four to watch:

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