Labor & Employment

MINNEAPOLIS — Best Buy may be dealing with all of the negative attention surrounding the resignation of Brian Dunn, but "the show must go on," as they say, and the search has begun for a new CEO. The company has announced the members of its CEO search committee. The company said the committee will oversee a global search process to identify internal and external candidates, including current interim CEO Mike Mikan.

Walmart held another one of its sustainability milestone meetings this week and webcast the event live from the auditorium at its home office. By the time the hour-and-a-half event was over the senior executives who participated had delivered a clear and consistent message around the company’s wide-ranging sustainability efforts.

PURCHASE, N.Y. — PepsiCo has appointed Jim Wilkinson to lead the company's global communications team.

Toronto -- Sears Canada, Inc., an arm of Sears Holdings Corp., said Friday it has completed the transaction with landlord The Cadillac Fairview Corp. to return three stores for $170 million.

The stores – located in Vancouver, Calgary and Ottawa – are slated to be exited by Sears as of Oct 31, 2012. The agreement between Sears and the landlord was first announced in March.
 

MOORESVILLE, N.C. — Lowe's has created two new executive positions, with the goal of streamlining its operations to better serve its customers. The new positions are chief customer officer and chief operating officer, and they will be filled by current EVP business development, Gregory Bridgeford, and Rick Damron, EVP store operations, respectively. The promotions are effective May 5, and both executives will report to Robert Niblock, chairman, president and CEO.

Igloo Products Corp., named Terri Brooks VP strategic accounts as part of a larger sales reorganization and said she would be based in Bentonville.

Katy, Texas-based Igloo said the addition of Brooks to her newly created position and the addition of David D’Auteuil as VP new business development would accelerate the momentum the company has achieved from new product introductions and aggressive marketing.

Austin, Texas -- Cencor Realty Services said that Jeff Nebrat has been promoted to senior VP and head of asset and property management for Cencor Realty Services’ Austin office.

Nebrat, who has been with the company for 14 years, now oversees all asset and property management operations of the 2.8 million-sq.-ft. portfolio of properties operated by Cencor in Austin. His property management duties involve leading the day-to-day operations of a portfolio that encompasses 40 retail centers with more than 500 tenants.

Sam’s Club next week is set to hold the first of three unique supplier fairs designed to improve sourcing from women and minority owned firms.

The event is scheduled for April 25 from 7:30 a.m. to 6 p.m. and is designed to provide education on the Sam’s Club merchandising strategy, engage potential suppliers, strengthen relationships with diverse suppliers and identify product offerings relevant to the members that Sam’s Club serves.