Human Resources

New York -- Macy's CEO Terry Lundgren had a pay package worth $11.3 million in 2012, down 22% from 2011, the Associated Press reported.

Lundgren had a salary of $1.6 million stock and options awards worth $7.7 million, and perks worth about $76,000. The decline came from a 63% smaller cash payment for performance, the report said.

Macy's said the CEO beat the profit expectations for the year but fell short on cash flow, due to a big merchandise purchase at the end of the fiscal year.

MERRIMACK, N.H. — Brookstone announced that it has accepted the resignation of Stephen Bebis, its president and CEO and a member of the company's board of directors. Bebis' resignation will be effective April 4. Bebis joined Brookstone in May 2012.  

Effective upon Bebis' resignation, James M. Speltz, the company's VP, COO has been appointed as the company's new president and CEO.

SUNBURY, Pa. — Weis Markets announced that Gretchen Suydan has joined the company as director of marketing. The company announced the promotions of Brian Bosworth to sales director and Maria Panko to private brands manager.

Tampa, Fla. -- RMC Property Group said Wednesday it has named Jannie DelRio as a leasing executive, specializing in tenant representation.

DelRio previously worked with a Tampa-based brokerage firm representing tenants such as Great Clips for Hair, Smoothie King, It’s a Grind Coffee House, Dunkin Brands, Quizno’s, Stride Ride and Papa John’s Pizza.

At RMC, DelRio's tenant representation assignments in Southwest Florida include Bull Chicks, a Texas-based fast casual concept, and Firehouse Subs.

Empty shelves at Walmart are getting a lot of attention these days, but the situation isn’t new and can’t be blamed entirely on store staffing levels.

Target was among six companies recognized by Second Harvest Heartland, a member of Feeding America, as one of the relief organization’s Hunger Heroes.

Los Angeles - Bebe stores announced Wednesday it has named Katrina Glusac as chief merchandising officer, effective immediately.

In her new role, Glusac will lead the merchandising, visual merchandising and planning & allocations teams in defining and building the brand’s merchandising offerings across all categories.
 
Most recently, Glusac served as chief merchant and VP merchandising at ShoeDazzle.com. Prior to that, she was divisional VP and general merchandising manager of Guess.

Food Lion store manager Charles Inman received the retailer’s highest honor this week and offered yet another example of the growth potential the retail industry offers.

Inman joined Food Lion in 2002 as a cashier and over the years held positions of increasing responsibility, including produce manager, office manager and assistant store manager.　He was later promoted to store manager and was recently selected from among a group of 1,119 store managers to receive the retailer’s Store Manager Excellence Award.