Human Resources

There’s been a top-level shakeup at Abercrombie & Fitch Co., with the company announcing a big promotion for one executive and the departure of another.

The retailer elevated the head of its Hollister brand, Fran Horowitz, to the newly created role of president and chief merchandising officer with responsibility for all brands. It also announced the departure of Christos Angelides, who has served as president of the Abercrombie brand since October 2014. And it said that it has suspended its active hunt for a CEO.

Sweaty Betty, the London-based athleisure brand, is gearing up for expansion in the United States.

The retailer named Erika Serow president and CEO of its U.S. business, effective Jan. 18, Women’s Wear Daily reported. Serow has served as retail practice leader for the Americas region for Bain & Co. since 2013, with a focus on the apparel sector. She started at Bain in 1995.

Walmart and the Walmart Foundation is out with its annual Giving Report, which puts a monetary value on all the ways the retailer and its charitable arm sought to make a difference during the 2015 fiscal year.

From a big picture standpoint, Walmart and the Walmart Foundation donated more than $1.4 billion in cash and in kind donations, primarily food, and Walmart’s 2.2 million employees also contributed more than 1.5 million hours of their time outside of work to volunteer causes.

Levis Strauss & Co. has named a new leader with experience at Nike, Petco and Target to drive growth at its 2,700 unit global retail division.

Levi Strauss & Co. said Carrie Ask will join the company on Feb. 16, 2016 as executive vice president and president of global retail. She fills a position that has been vacant since June when Craig Nomura resigned after just 16 months with the company. Ask will report directly to Chip Bergh, president and CEO of the $4.8 billion global apparel company.

J.C. Penney’s efforts to become a world class omnichannel retailer are under the leadership of a new chief information officer with a unique background.

J. C. Penney appointed Therace Risch as executive vice president and chief information officer, effective immediately. Risch joins the retailer from COUNTRY Financial, and succeeds Scott Laverty.

Walmart and the Walmart Foundation is out with its annual Giving Report which puts a monetary value on all the ways the retailer and its charitable arm sought to make a difference during the 2015 fiscal year.

From a big picture standpoint, Walmart and the Walmart Foundation donated more than $1.4 billion in cash and in kind donations, primarily food, and Walmart’s 2.2 million employees also contributed more than 1.5 million hours of their time outside of work to volunteer causes.

On the heels of naming a new CEO, Tuesday Morning Corp. has appointed a new finance chief as well.

The company named Stacie Shirley as executive VP, CFO and treasurer, effective January 18, 2016. Most recently, she served as senior VP - finance and treasurer of the Neiman Marcus Group. She started at Neiman Marcus in 2001.

Prior to Neiman Marcus, Shirley served in various positions with CompUSA.

Tuesday Morning recently names a former board member, Steve Becker, as its new CEO.

Executives from retail and restaurant chains grabbed some of the top spots in an annual ranking of the nation’s top CEOs.

Rite Aid chairman and CEO John Standley was rated the number one executive on ExecRank’s 2015 Top Mid Cap CEOs list. Taking the number two spot: Sally J. Smith, CEO and president of Buffalo Wild Wings. Gary Friedman, chairman and CEO of Restoration Hardware Holdings, took the third spot.