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Wolverine Worldwide appoints Toys ‘R’ Us exec as president of Stride Rite
Rockford, Mich. -- Wolverine Worldwide announced the appointment of Ira P. Hernowitz as president of the Stride Rite Children's Group. He most recently served as executive VP of "R" Us Brands for Toys R Us, Inc.
Hernowitz has served in a variety of leadership roles during his career, and his strong background in children's products, coupled with his retail expertise. -
Hudson’s Bay completes acquisition of Saks; NYC flagship to get major renovation
Toronto -- Canada’s Hudson's Bay Co. said Monday that it has completed its $2.4 billion acquisition of Saks Inc. Saks shareholders overwhelmingly approved the sale of the New York company during a special meeting on Wednesday. The combined company will operate a total of 320 stores, including 179 full-line specialty department stores, 72 outlet stores and 69 home stores in prime locations throughout the U.S., and Canada, along with three e-commerce sites.