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Hhgregg seals its CEO deal
Hhgregg has completed its search for a permanent CEO by giving interim chief Robert Riesbeck the long-term nod. Riesbeck has held the interim title since February, when then-CEO Dennis May tendered his resignation. Now, with the top position becoming permanent, Riesbeck will give up his CFO title and the company will launch a new search for a replacement. -
100-year-old jewelry chain to close all stores
Rethinking its earlier turnaround plans, a century-old Canadian jewelry chain has announced it will shutter all stores. Winnipeg-based Ben Moss Jewellers, which has sold mid-to-high-priced jewelry since 1910, said it will close the 54-unit chain and has launched going-out-of-business sales that began on Saturday, July 30. The liquidation efforts are being handled by Gordon Brothers Canada, ULC and Hilco Global (through its Canadian division, Merchant Retail Solutions).

