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Former Limited exec hired by Sears Canada
Toronto -- Sears Canada, a subsidiary of Sears Holdings Corp., said Monday it has hired former Limited Brands online executive VP Steven Goldsmith as its executive VP merchandising, apparel and accessories.
The move comes after the resignation of Sears Canada CEO Dene Rogers and subsequent replacement by former Loblaw Cos. executive Calvin McDonald. -
Books-A-Million abandons bid to buy 30 Borders stores
Birmingham, Ala. -- Books-A-Million said late Monday that it was unable to put a deal together to acquire the leases and assets of 30 Borders bookstores out of bankruptcy.
"The company’s efforts to secure the inventory, fixtures, equipment and leasehold interests for 30 Borders stores has ended unsuccessfully because the parties could not agree on terms and the going out of business sales at these locations commenced," Clyde B. Anderson, Books-A-Million CEO, said.
