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Lumber Liquidators names chief merchant
TOANO, Va. -- Lumber Liquidators announced that William Schlegel has joined the company as its chief merchandising officer, effective March 14, 2011. In this position, Schlegel will oversee the company's merchandising, replenishment and allocation and global sourcing activities, and will report directly to Robert Lynch, president and COO.
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Sears appoints high-tech exec as new CEO; Q4 profits fall but beat Street
Hoffman Estates, Ill. -- Sears Holdings Corp. reported on Wednesday that it has ended a three-year search for a permanent CEO, appointing a former technology executive with no retail experience as its new chief executive and president. The company name Lou D’Ambrosio to the position of president and CEO.