Labor & Employment

New York City -- The Home Depot promoted Aaron Carmack to president of The Home Depot Canada.

Carmack, currently regional VP of the Pac North region in the United States, on Jan. 31 replaces Annette Verschuren, who is leaving the home-improvement retailer after nearly 15 years.

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ATLANTA - The Home Depot announced that Aaron Carmack has been promoted to president, The Home Depot Canada, effective Jan. 31.  Carmack, the current regional VP of the Pac North region in the U.S., is replacing Annette Verschuren, who is leaving the company after nearly 15 years of service.

Foothill Ranch, Calif. -- Specialty apparel retailer Wet Seal announced that it has entered into an employment contract with Susan McGalla to serve as its new CEO through Aug. 8, 2014. McGalla will assume her position as CEO on Jan. 18. Ed Thomas will remain as interim CEO until Jan. 18, and thereafter will remain employed by the company until Feb. 8, to assist with transition.

Dallas -- Zale Corp.’s same-store sales rose 8.5% during the November-December selling period. This figure is a key indicator of a retailer's health because it gauges results at existing stores instead of newly opened ones.

Zale is refocusing its merchandise on diamonds and stepping up training of its workers, said CEO Theo Killion in a Bloomberg report. The company increased the number of salespeople certified by the Diamond Council of America to 2,000, from 800 last year, and plans to add more, he said.

New York City -- Supervalu reported a loss for its third quarter, dragged down by falling revenue and asset values, tighter margins and the cost of closing some stores. The grocer cut its full-year outlook based on the poor performance.

Supervalu, which operates Alberstons, Jewel-Osco and other supermarket chains, reported a loss of $202 million for the quarter, compared with net income of $109 million in the same quarter last year.

ATLANTA — Newell Rubbermaid, whose portfolio includes the hair accessories brand Goody, has announced that its president and CEO, Mark Ketchum, will retire later this year.

An executive recruiting firm has been retained to conduct an outside search for Ketchum's replacement and also assist with the assessment of internal candidates, the company stated. To help ensure a smooth and transition, Ketchum plans to remain on the company¹s board through the spring of 2012.

St. Louis -- Brown Shoe Co. announced Monday it has promoted Diane Sullivan as president and CEO, effective May 26.

Sullivan ha been president and COO.

Current CEO Ron Fromm will remain chairman following a transition period ending in May.

Minneapolis -- Two leaders of Target have been appointed to the retailer's executive committee.

Tina Schiel, senior VP enterprise strategy and new business development, was promoted to executive VP stores and will join the executive committee, while Laysha Ward, who will retain her position as Target's community relations president and Target Foundation president, also will join the executive committee.