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Costco co-founder, chairman dies
A retail legend has passed. Costco Wholesale Club announced "with great sadness" that co-founder and chairman Jeff Brotman died Tuesday morning. He was 74. "The thoughts of Costco’s board, management and employees are with Jeff’s wife and family,” Costco said in a short statement. Brotman co-founded Costco Wholesale with Jim Sinegal. The two opened the first Costco warehouse club location in 1983, in Seattle. -
Westlake Ace Hardware promotes two execs
Westlake Ace Hardware has announced two executive promotions. The company promoted current COO Joe Jeffries to president and COO, continuing to support CEO Tom Knox. In addition, Andrew Schmitt will be promoted to the position of VP of operations for Westlake Ace Hardware. Schmitt currently holds the position of director of retail operations – Western Division, for Ace Hardware Corporation.