Strategy

Wayfair has named an e-commerce veteran from Staples to oversee supply chain and operations at the growing online retailer.

Wayfair announced that Sharif Sleiman has joined the company as vice president of supply chain and operations.  

Demand for shares of Ollie’s Bargain Outlet is such that the retailer has increased the size of a secondary offering.

American Apparel has lost one of its veteran executives. Martin Bailey, who headed up manufacturing for the company, has resigned, Fashionunited.com reported. Previously, he served as president and VP of operations for American Apparel, which recently emerged from Chapter 11 bankruptcy protection. [Fashionunited.com]

The losses are mounting at one of New York City’s most beloved supermarket chains, the 80-year-old Fairway Market, as it battles increased competition from the likes of Trader Joe’s and Whole Foods Market. Fairway Group Holdings Corp., is on the cusp of default, and the next step could be bankruptcy court, Crain’s New York reported. The company warned investors in a regulatory filing on Feb. 5 that it could breach its loan agreements.

Foot Locker named new CEOs to lead the athletic retailer’s North America and International divisions.

President and CEO Richard Johnson announced the promotion of Stephen D. (Jake) Jacobs to the position of executive vice president and CEO of North America and Lewis P. Kimble to the position of executive VP and CEO of International, effective Feb. 29.

Members of Target Corp.’s senior leadership team including CEO Brian J. Cornell, chief marketing officer Jeff Jones, and chief creative officer Todd Waterbury attended the recent TED Conference in Vancouver. In a post on the Target Bullseye Blog, the executives describe learnings such as the importance of empowering dreamers, the power of trust and reputation in social business, and why originals choose different Web browsers than everybody else.

Los Angeles -- CBRE Group announced that Mark Hunter has joined the company as managing director of retail asset services, the Americas. Hunter will assist CBRE in expanding its industry services for third party management of retail properties further into the mall sector. He will lead CBRE’s offering of services such as asset management, leasing, accounting, consumer marketing and development for malls generally exceeding 500,000 sq. ft.

Photo: Matthew Tice (left) and Mark Cosenza (right)

Demand for shares of Ollie’s Bargain Outlet is such that the retailer has increased the size of a secondary offering.