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  • Sears cuts HQ staff by 100

    HOFFMAN ESTATES, Ill. — A spokesman for Sears Holdings Corp. said that the owner of Sears and Kmart stores is cutting 100 jobs at its headquarters in Hoffman Estates, Ill.

    According to Chris Brathwaite, Sears spokesman, the cuts cover a range of positions. The terminated employees were notified Thursday.

    The retailer has not said whether additional cuts are planned.

  • Golfsmith names president

    Austin, Texas -- Golfsmith International Holdings has appointed Sue E. Gove as president of the company, in addition to maintaining her role as COO and CFO.

    Gove was appointed CFO in March 2009. She will continue to report directly to Martin Hanaka, CEO.

  • Report: HSN’s Mindy Grossman not interested in joining Avon

    New York City -- Mindy Grossman, CEO of HSN Inc., is staying at the home shopping giant and is not interested in becoming the next CEO at Avon Products Inc., according to Women's Wear Daily.

    The report cited a letter Grossman sent to top HSN executives at HSN.

    Previous reports had Grossman as a top candidate to replace Avon CEO Andrea Jung, who agreed in December to resign.

  • DLC names acquisitions chief

    Tarrytown, N.Y. -- DLC Management Corp. announced that it has named Jonathan Wigser as chief investment officer, charged with leading all of the company’s acquisition and disposition activities.

    Since joining DLC in 2002, Wigser has been involved in the acquisition and disposition of more than $1.1 billion of retail real estate, in addition to raising more than $250 million of equity from institutional and high net worth investors.

  • CBL names asset management exec

    Chattanooga, Tenn. -- CBL & Associates Properties announced the promotion of Scott Word to VP – asset management.

    Word began his career with CBL in 1993 as an accountant. In 1997, he moved into CBL’s Acquisitions Department as a financial analyst and, in 2008, he joined the Asset Management team as director - asset management.

  • Sears cuts 100 headquarters staff

    Hoffman Estates, Ill. -- A spokesman for Sears Holdings Corp. said that the owner of Sears and Kmart stores is cutting 100 jobs at its headquarters in Hoffman Estates, Ill.

    According to Chris Brathwaite, Sears spokesman, the cuts cover a range of positions. The terminated employees were notified Thursday. 

    The retailer has not said whether additional cuts are planned.
     

  • Sterling Jewelers names COO, management shifts

    Akron, Ohio -- Sterling Jewelers said Thursday it has named Ed Hrabak, senior VP merchandising, as COO to succeed Bill Montalto, who is retiring from the position in June.

    Hrabak has been with Sterling for over 25 years, assuming increasingly greater management responsibility during his tenure.

    Sterling also announced that Stuart Lee, VP merchandising, will be promoted to senior VP merchandising upon Hrabak’s promotion to COO.

  • Wilsonart names new president

    Wilsonart International, a maker of laminate flooring, countertops and sinks, has named Kristen Manos as its new president. She replaces Bill Gaetano, who announced his retirement late last year. DiGaetano has been president of Wilsonart since 2005 and is a 33-year veteran of the Temple, Texas, company. 

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