Content about president and chief executive

December 1, 2010

Shrink happens — every retailer knows it, and most are aware that an estimated 35% of losses associated with shrink are attributed to employee fraud. However, most retailers are surprised by the losses that are attributed to human error rather than malice. 


Grocery is perhaps the sector most plagued with erroneous shrink at checkout due, in part, to the sheer volume of SKUs running across the scanner, but it is often a function of misleading promotions or unclear directives.

November 20, 2008

In an unexpected move, Wal-Mart Stores Inc. announced Friday chief executive Lee Scott will retire...

November 3, 2008

According to a report in The Greenville News, Lone Star Funds of Dallas, owner of...

November 3, 2008

Following a dismal third-quarter performance, Coldwater Creek announced Monday that it would slash new store...

October 8, 2008

Pier 1 Imports Inc. said Thursday same-store sales fell in September as traffic declined, and...

August 25, 2008

Tuesday Morning Corp. reported that sales for its 2008 fiscal year were down 4.2% from...

July 24, 2008

Michael W. Kramer, CFO of Abercrombie & Fitch, is leaving to take the top post...

June 30, 2008

In 2001, Advance Auto Parts realized it needed to learn Spanish—and fast. The nation’s...

June 30, 2008

In 2001, Advance Auto Parts realized it needed to learn Spanish—and fast. The nation’s No....

May 20, 2008

Movie Gallery Inc. named C.J. Gabriel Jr. as president and chief executive. He succeeds...

May 19, 2008

First-quarter profits at Target Corp. dropped almost 8% on softer-than-expected sales and higher costs, but...

December 31, 2007

That the world’s biggest, most successful retailer is now striving to be one of...

January 29, 2006

Fort Myers, Fla., ...

August 3, 2005

New York City, ...

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