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Unsettled retail environment taking toll on senior executives pay
Volatility in the retail industry is now hitting senior retail executives in the pocketbook. Seventy-three percent of retail companies paid little to no bonuses to senior executives in 2017 for 2016 performance, with 35% paying no bonus and 38% paying only small bonuses to their executives, according to new research by Korn Ferry. The company conducted an analysis of 40 North American retailers with annual sales between $1 billion and $50 billion -
CEO Corner: Q&A with At Home's Lee Bird
Someone forgot to tell At Home that big-box stores are passé. Since Lee Bird took the reins as chief executive at the beginning of 2013, the Plano, Texas-based home decor superstore retailer has been on a steep upward trajectory — and it shows no signs of losing momentum anytime soon.