Labor & Employment

New York -- In a surprise move, Sears Holdings Corp. announced that CEO Louis J. D'Ambrosio will step down as CEO, effective Feb. 2, for family health reasons. D'Ambrosio will be replaced by the company's chairman and its largest shareholder, Edward Lampert.

NEWTON, Mass. — Former Reebok and New Balance executive Chris Cohen has been named VP of sales at Topo Athletic.

Founded in December 2012, Topo is a brand focused on designing innovative athletic gear that amplifies the natural mechanics of the human body. In his new role, Cohen will lead North American sales and sales operations for Topo.

ARLINGTON, Va. — The Retail Industry Leaders Association has made changes to its top staff. Former Toys “R” Us and Babies “R” Us executive Garth Gasse has joined the association as director of retail operations, asset protection. Lisa LaBruno has been promoted to SVP for retail operations.

Walter Killough will step down as CEO of the 109 unit Delia’s retail chain on April 1.

The retail said it and Killough reached a mutual agreement not to renew his employment agreement which was scheduled to expire on August 2. Plans now call for Killough to leave the company on April 1, however he may stay on longer if a replacement has not been named.

Foothill Ranch, Calif. -- The Wet Seal has named John D. Goodman to serve as its new CEO, with his appointment effective Jan. 7. He replaces former CEO Susan McGalla, who was fired by the company in July 2012 amid sliding sales.

New York -- Hiring by the nation’s retailers this past holiday season was at the highest level in six years despite the uncertain economy, Superstorm Sandy and the presidential election, according to an analysis of government job data by Challenger, Gray & Christmas, Chicago, a leading outplacement consultancy.

Atlanta -- Jones Lang LaSalle announced Monday that it has promoted Kristin Mueller to COO.

The firm also announced the establishment of new leadership roles, including the promotion of John Bemis and Geno Coradini to Retail Market Lead in Atlanta/Southeast and Dallas/Southwest, respectively.

New York -- Office Depot announced that Kevin Peters had resigned from his role as president of the retailer’s North American division, effective immediately.

Arlington, Va. -- The Retail Industry Leaders Association (RILA) announced that Garth Gasse has joined the association as director of retail operations, asset protection and Lisa LaBruno has been promoted to SVP retail operations.

Top food executives at Walmart are presumably in the crosshairs of Safeway recruiters now that longtime chairman and CEO Steve Burd has announced his retirement.