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Orvis names former Select Comfort CEO as new president
Sunderland, Vt. - William R. McLaughlin has been named as the new president of the Orvis Company Inc. He will succeed Raymond G. McCready, who will retire later this year.
McLaughlin will assume the post July 27. McLaughlin's early career included leadership roles with Pillsbury and PepsiCo. At Pepsi, he managed several of their international businesses and rose to become president of Frito Lay Europe, Middle East & Africa. From 2000 to 2012, McLaughlin was president & CEO of the specialty retailer Select Comfort Corp.
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Crate & Barrel to close Manhattan flagship store
New York -- Rising rents are causing another national chain to exit a high-profile location in Manhattan. Home-furnishings retailer Crate & Barrel will close its flagship on Madison Avenue (at 59th Street) on Aug. 2, after negotiating an early exit from its lease, according to the Wall Street Journal. The store opened in 1995.
The closing will leave the city with just one Crate & Barrel, in the Soho section of downtown Manhattan.

