C-SUITE

MBH Architects, Alameda, California, announced the appointment of a new principal, Dimple Manghani, who previously led the retail team as a senior associate and studio director.

A licensed architect and a LEED accredited professional, Dimple has 12 years experience building relationships with such clients as Williams-Sonoma, Levi’s, and H&M. Additionally, she is responsible for the acquisition of the firm’s luxury retail clients, including Dior and Tiffany & Co.

For about three hours the morning of April 4 it looked like Christopher & Banks had found itself a new board member, but then the company discovered a conflict that prevented the high level executive from accepting the nomination.

Longtime Walmart executive Tom Coughlin, an inspirational leader who played a key role in Walmart’s growth and left the company in 2005, passed away on April 1.

Macy’s CEO and other top executives are feeling the pain of the chain’s disappointment financial performance in 2015. The board decided to award no bonuses after the chain fell short of its sales, cash flow and earnings goals, Macy’s said in a regulatory filing, according to Bloomberg. [Bloomberg]

With the retail environment changing so rapidly today, and technology impacting everything a store does, the role of the chief financial officer has become more important than ever. When I started recruiting in 1990, the business was much simpler — we hired retail executives based on a linear skillset and departments operated in individual silos. Today, it is much more complex, as the C-suite works in collaboration to keep up with an increasingly savvy consumer.

So, what then do you look for in a CFO today?

Companies of all sizes, and increasingly retailers, are implementing integrated portfolio management solutions to make smarter real estate decisions and solve their business challenges.

To better support retailers with their real estate portfolios, JLL announced that it has welcomed back Geno Coradini to the firm as executive VP, retail integrated portfolio services lead. He will be responsible for working with our retail tenant representative brokers nationally to support JLL’s retailer client base.

Lumber Liquidators on Monday announced the appointment of Dennis Knowles as COO, effective March 1, 2016.

Knowles has served in store operations leadership roles at Lowe's Companies since 2001, most recently as chief store operations officer, and prior to that as senior VP of store operations support and specialty sales and its senior VP of store operations for Lowe's West and South Central Divisions, respectively.

Michael Rouleau was never seen as a long-term leadership solution as Tuesday Morning’s CEO, but the veteran retailer’s abrupt departure with no immediate successor named reveals the off-price retailer lacked a succession plan.

The company said Rouleau, 77, will remain in a consultative capacity until March 31, 2016 and that it had created a new Office of the Chairman led by current Board Chairman Steven Becker to support oversight of the company’s strategic initiatives until a new CEO can be hired.