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  • RKF Chicago office adds two new directors

    Chicago -- RKF announced that Steve Schwartz and Lara Keene have joined the firm’s Chicago office as directors.

    Schwartz and Keene, formerly of Baum Realty Group, mark the latest additions to the RKF Chicago office, which opened this past April as part of the firm’s ongoing expansion into key urban markets nationwide.
     
     

  • Brown Shoe CFO resigns, successor named

    St. Louis -- Brown Shoe Co. said Wednesday that CFO Mark Hood has resigned the company, effective June 11. Russ Hammer has been named the successor.

    “I’m confident [Hammer] will be able to make an immediate contribution across the company and to the work we’ve been completing in our portfolio realignment efforts,” said Diane Sullivan, president and CEO.

  • Levi Strauss names president of global retail

    New York -- Levi Strauss & Co. promoted Joelle Mahler, senior VP of Americas Retail, to the new post of executive VP of the company, and president of global retail, effective immediately.

    Mahler will be responsible for Levi’s retail operations worldwide, including company-owned, franchise and outlet stores, along with e-commerce.
     

  • Pep Boys nixes merger with private equity group

    PHILADELPHIA — Pep Boys has put an end to the proposed merger between itself and investment firm The Gores Group.

    The potential merger was first announced on Jan. 30, and The Gores Group has agreed to pay Pep Boys a fee of $50 million and to reimburse Pep Boys for certain merger-related expenses. The special meeting of Pep Boys’ shareholders, which was scheduled to be held on May 30, has been canceled.

  • Ackman on J.C. Penney: Wait until August

    New York -- William Ackman, founder and CEO of Pershing Square Capital Management, said that J.C. Penney Co. should start to see “real progress” in early 2013. Ackman made his comments in an interview Tuesday on CNBC’s “Squawk Box.” Pershing Square owns about 18% of J.C. Penney.

  • Neiman Marcus on the Cusp of contemporary fashion

    DALLAS — Neiman Marcus is rebranding its contemporary departments within each of the 42 Neiman Marcus stores as Cusp shop-in-shops. 

    Neiman Marcus first launched the Cusp brand in 2006 with two freestanding stores that offered customers a contemporary assortment including apparel, shoes, handbags and accessories in a boutique environment. The brand has grown over time and now includes a total of six Cusp stores and Cusp.com.

  • Whole Foods Market names regional presidents

    Austin, Texas -- Whole Foods Market has named Scott Allshouse, Omar Gaye and Rob Twyman as regional presidents following the promotion of David Lannon and Kenneth Meyer to executive VPs of operations.

    Allshouse fills Meyer's former role as president of the company's Mid-Atlantic Region. He moves from his position as president of the South Region.

    Gaye takes the South Region president position vacated by Allshouse, moving from his position as the South Region's VP.

  • John Standley appointed chairman of Rite Aid

    CAMP HILL, Pa. — Rite Aid has appointed president and CEO John Standley as chairman, the retail pharmacy chain said Friday.

    Rite Aid announced that its board of directors had elected Standley to replace current chairman Mary Sammons, effective June 21. Sammons has served as chairman since June 2007 and plans to step down at the company's annual stockholder meeting.

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