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  • Urban Outfitters CFO moves over to REI

    Seattle -- REI revealed on Thursday that Urban Outfitters CFO Eric Artz has been named finance chief for the outdoor retailer, effective May 2012.

    Urban Outfitters announced Artz’s departure earlier on Thursday.

  • McDonald’s chief to retire June 30

    Oak Brook, Ill. -- McDonald’s Corp. announced Wednesday that vice chairman and CEO Jim Skinner will retire on June 30.

    Skinner will be succeeded by current president and COO Dan Thompson, 48, effective July 1.

  • Sears brings in former Sony exec to head appliance division

    HOFFMAN ESTATES, Ill. — Former Sony Electronics executive, Steve Haber, is joining Sears Holdings as SVP and president, home appliances. 

    In his new role with Sears Holdings, Haber will lead the company's effort to continue driving profitable growth in its industry-leading appliance business.

  • Neiman Marcus invests in Chinese e-commerce company

    Dallas -- The Neiman Marcus Group said Thursday that it will invest $28 million in Glamour Sales Holding, a Shanghai-based e-commerce company, as part of its strategy to gain a foothold in the Asian e-commerce marketplace.

    “We are taking this bold step to establish Neiman Marcus Group as an international brand,” said Karen Katz, president and CEO, Neiman Marcus Group.

  • Sears names former Sony exec as appliance head

    Hoffman Estates, Ill. -- Sears Holdings Corp. said Thursday that Steve Haber will join the company as senior VP and president, Home Appliances.

    Haber was previously executive VP at Sony Electronics, leading the Product to Consumer Marketing and the Home and Digital Reading business divisions.
     

  • RadioShack forges agreement to expand into southeast Asia with 1,000 stores

    Fort Worth, Texas -- RadioShack Corp. said Thursday it has made an agreement with Malaysian retail group Berjaya Retail Berhad that will expand RadioShack's global footprint across 10 Southeast Asian countries.

    Under the long-term agreement, Berjaya Retail (Cayman) Limited as franchise developer is expected to open at least 1,000 franchise locations across the Association of Southeast Asia Nations within the first 10 years. Its subsidiary in Malaysia, Berjaya RS Sdn. Bhd., expects to open its first RadioShack locations later this year in Kuala Lumpur.

  • REI gets CFO from Urban Outfitters

    SEATTLE — REI (Recreational Equipment Inc.) announced that retail and outdoor industry veteran Eric Artz will join the company as chief financial officer in May. Artz comes to REI from Urban Outfitters.

  • Urban Outfitters CFO stepping down

    Philadelphia -- Urban Outfitters said Wednesday that CFO Eric Artz is leaving the company, and will be replaced by current chief accounting officer Frank Conforti, effective April 3.

    No reason has been given for Artz’s departure, other than he plans to return to the west coast.

    Urban Outfitters operates under the Anthropologie, BHLDN, Free People, Terrain and Urban Outfitters brands.

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