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  • Hudson's Bay Co. taps former Penney exec as CFO

    The parent company of Hudson's Bay, Lord & Taylor and Saks Fifth Avenue has appointed a 25-year retail veteran as its new finance head.   HBC named Edward Record as CFO, effective August 28, 2017. He succeeds Paul Beesley, who, as previously announced is leaving HBC.   Record joins HBC after more than three years as CFO of J. C. Penney Company. In July, he announced he was stepping down from the company to "pursue other interests."  
  • Sears Canada chairman to make bid for troubled chain

    There's a new person running things at Sears Canada.    Brandon Stranzl, executive chairman of Sears Canada has been removed from his day-to-day responsibilities of running the company in order to work on a management bid for the retailer, the Globe & Mail reported. Sears COO Becky Penrice is now leading the chain's executive team.   
  • Walmart CEO: Trump missed ‘critical opportunity’ to unite country

    The CEO of the nation's largest private employer has criticized the administration’s response to the violent protests in Charlottesville, Virginia.    In a note to Walmart employees posted on the company's website, CEO Doug McMillon said that President Trump "missed a critical opportunity" in his initial reaction to the "tragic events" that occurred in Charlottesville, Va. But he called Trump's follow-up remarks on Monday "a step in the right direction."  
  • Sur La Table names former Abercrombie exec as CEO

    Kitchenware retailer Sur La Table has tapped a veteran retailer as its new CEO.    Sur La Table has appointed Billy May as CEO. May, who will also join the board of directors, succeeds Diane Neal who retired earlier this year.   May joins the kitchenware retailer from Abercrombie & Fitch, where he most recently served as senior VP and member of the executive leadership team. At Abercrombie, May was responsible for marketing, e-commerce, omnichannel and geographies. 
  • Discounter names new food and beverage VPs

    Target is bringing on talent from Walmart and General Mills to accelerate its food and beverage strategy.     Mark Kenny will join Target as VP divisional, meat and fresh prepared food where he will oversee the meat, seafood, deli, bakery and prepared food categories. Kenny joins Target from Walmart, where he most recently was the senior director of private brands, deli and bakery.    
  • PetSmart CEO resigns

    The chief executive of the nation's largest specialty pet retailer of services and solutions has left the building.   PetSmart announced that Michael J. Massey has stepped down from his position as CEO, president and board member. Raymond Svider, managing partner at BC Partners, will serve as executive chairman and oversee the company’s operations with the senior leadership team while the board searches for a new chief executive.   
  • Costco appoints new chairman

    Costco Wholesale Club has tapped its longtime director as its new chairman.   The company announced the election of Hamilton “Tony” James to the position of chairman. He replaces Jeff Brotman, who co-founded Costco with James Sinegal in 1982. Brotman passed away unexpectedly on Aug. 2.  
  • Parent company of Winn-Dixie and Bi-Lo taps veteran grocery exec as CEO

    Southeastern Grocers has made a temporary appointment permanent.   The supermarket operator, parent company of Winn-Dixie, Bi-Lo, Fresco y Más, and Harveys, has appointed Anthony Hucker president and CEO, effective immediately. Hucker has served as interim president and CEO since July 1, 2017.  
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