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Human Resources

  • Wal-Mart shuffles senior executives; announces departures

    Bentonville, Ark. - The restructuring of Wal-Mart’s senior executive ranks continues with the latest round of appointments involving some familiar leaders in new roles with curious titles, as well as some key resignations.

  • Bon-Ton posts 5.3% rise in sales; CFO to exit

    Holiday discounts helped Bon-Ton Stores post a robust increase in same-store sales.

    The company said same-store sales for the nine-week holiday period ended Jan. 3 increased 5.3%. Total sales for the combined months of November and December were up 3.8%, the company said.

    Kathryn Bufano, president and CEO, said the company was “pleased” with the numbers, but that a “highly promotional sales environment” tempered the impact of those improved sales on Bon-Ton’s profits.

  • Barnes & Noble retail group CEO to retire; will serve as real estate advisor

    New York -- Barnes & Noble announced that Mitchell Klipper, CEO of the retail group, will retire at the end of the fiscal year, ending May 2, but will remain with the company in the role of special advisor on real estate and other matters. Klipper, a 28-year veteran of the chain, previously served as the retailer’s COO and CFO before being appointed chief executive.

    The retailer said it has begun a search to fill Klipper’s position and that he will help with the selection of the new retail CEO and in the transition process.

  • Walmart elevates exec to omnichannel role

    With retail executive titles becoming increasingly exotic, credit Walmart for coming up with an unusual sounding title for a position that other retailers might describe as chief omnichannel officer.

  • Bon-Ton CFO to retire

    York, Pa. -- The Bon-Ton Stores announced that Keith E. Plowman, executive VP and CFO plans to retire in August. His departure will be followed by an 18-month consulting stint.

    The retailer will undertake a national search to find a CFO to succeed Plowman.

  • Conn’s showing it ‘Cares’ about kids

    Conn’s is launching a new philanthropic program to help improve the communities it serves by empowering children.

    Conn’s Cares is the company’s first program to will galvanize every employee around a single cause at all Conn’s locations, the company said.

    “Our vision is that Conn’s Cares will become an enduring investment in the children of the communities we serve,” said Theodore Wright, Conn’s chairman and CEO. “We are committed to the idea that every child should have an opportunity to succeed.”

  • Barnes & Noble retail chief to retire

    The chief executive of Barnes & Noble Inc.’s retail group will retire May 2.

    Mitchell Klipper, will continue to work with the company as a special adviser on real estate and other matters, Barnes & Noble said. The company said it has begun to search for a new retail CEO, and Klipper will help in the process.

  • Kellwood names former Barnes& Noble exec as CEO

    New York -- Apparel manufacturer and retailer Kellwood has named Joseph Lombardi, the former CFO of Barnes & Noble, as CEO.

    Lombardi joined Kellwood as CFO in 2013, and has three decades of retail experience across a variety of sectors, including apparel.

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