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C-SUITE

  • Best Buy Q1 profit surges; finance chief to exit

    Best Buy Co. Inc. surpassed Wall Street expectations with rising profits and declining revenues for the first quarter of fiscal 2017, and CFO/CAO Sharon McCollam announced she will retire June 14.
     

  • Chico’s nominates Walmart and Hudson’s Bay vets to board

    Chico’s FAS is nominating two new independent board members as two current members prepare to retire and an investor says it will nominate its own two candidates.
     

  • Toys ‘R’ Us names AEO exec as global tech head

    Toys “R” Us Inc. is creating a new position of CTO and turning to a veteran of American Eagle Outfitters (AEO) to fill it.
     
    Lance Wills will join Toys “R” Us as executive VP, global CTO effective June 13. He will report directly to chairman and CEO Dave Brandon. In his newly created role, Wills will oversee global and IT digital strategy, including governance and infrastructure.
     

  • Rent-A-Center appoints veteran IT leader as new CIO

    Rent-to-own retailer Rent-A-Center Inc. has named Angela Yochem to senior VP, IT and CIO.

    Yochem’s responsibilities will include developing Rent-A-Center’s IT talent; expanding recently developed technologies; enhancing the company’s web, online and mobile solutions; and providing technology leadership for new opportunities.

  • Abercrombie taps Target, Victoria’s Secret execs as brand presidents

    Abercrombie & Fitch Co. has named two veteran retailers to head up its divisions.

    The teen apparel retailer named Stacia Anderson as president of its namesake brand, and also its abercrombie kids division. Anderson is a 20-year veteran of Target Corp., where she most recently served as senior VP of merchandising.  She will join Abercrombie on June 13.
     

  • Online specialty retailer adds C-level IT exec

    ModCloth, a San Francisco-based e-commerce retailer focused on vintage and independent apparel styles, has named Nicholas Genest as CTO.
     
    Genest joins ModCloth with more than 15 years' experience across consumer, tech and online retail industries. He most recently served as the CTO for the online luxury consignment retailer The RealReal, where he strategically led the development of their mobile, web and data technologies since 2013.

  • NRF lauds retail supporters in Congress

    The National Retail Federation (NRF) is saying thanks to representatives in Congress who back retailers on important issues.

  • Victoria’s Secret taps former Nike exec as CEO

    L Brands subsidiary Victoria’s Secret has named a veteran of the specialty and intimate apparel verticals as its new CEO.

    Jan Singer, who served as CEO of Spanx from June 2014 – March 2016, is now CEO of Victoria’s Secret. Previously, she held corporate VP positions at Nike from February 2004 – June 2014.

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