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Big Lots names Campisi CEO
Columbus, Ohio -- Discount retailer Big Lots has named David Campisi, 57, as CEO and president of Big Lots, effective May 6. The 30-year-industry veteran most recently served as chairman and CEO of Respect Your Universe, a publicly traded company focused on premium performance apparel and equipment. Prior to that, he was an executive with The Sports Authority for nearly seven years, rising to become chairman and CEO.
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North American new home construction boosts Masco Q1
Taylor, Mich.-based Masco Corp. reported first-quarter net sales of $1.88 billion, up 3.9% from the same quarter last year.
Net income for the giant manufacturer of home improvement and building products was $47 million, up from $33 million in the prior-year quarter.