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  • Chief merchant out at OfficeMax

    NAPERVILLE, Ill. — OfficeMax Friday announced that Ryan Vero, EVP and chief merchandising officer will be leaving the company effective Dec. 2. The company, which did not specify the reason for Vero's departure, said it has already started its search for a replacement. Michael Lewis, EVP and president of retail, will continue to provide oversight to the marketing and merchandising teams.

  • Express CEO takes on chairman’s job

    Columbus, Ohio -- Express said Thursday that its CEO, Michael Weiss, will also take over the role of board chairman, because of the current chairman's involvement in a rival company.

    Weiss succeeds Stefan Kaluzny in the chairman's job. Kaluzny joined Express' board when the private equity firm where he worked, Golden Gate Capital, bought Limited Brands in 2007. Kaluzny has since joined another private equity firm, Sycamore Partners, which recently brought a controlling stake in Mast Global Fashions, which is Limited Brands' apparel sourcing division.

  • Target still driving sales, despite leadership uncertainty

    MINNEAPOLIS — Target reported October sales growth that fell short of analysts expectations, while uncertainty remains following the recent departure of the company's CFO.

    Target reported that its net retail sales for the four weeks ended Oct. 29 were $4.8 billion, an increase of 4.3% from $4.6 billion for the four weeks ended Oct. 30, 2010. On this same basis, comparable-store sales increased 3.3% in October and 4.3% in the third quarter.

  • Kronos Retail Labor Index edges down

    Chelmsford, Mass. -- The Kronos Retail Labor Index edged down to 3.8% in October 2011, following an upwardly revised 4.2% for September, which was the first reading above 4% since October 2008. Even with the small decline in October, the Retail labor Index remains well above the series low of 2.8% in January 2011.

  • OfficeMax names new chief digital officer

    NAPERVILLE, Ill. — OfficeMax announced that it has appointed Jim Barr as EVP and chief digital officer, effective Nov. 14. Barr will report to Ravi Saligram, president and CEO of OfficeMax, and will be responsible for all aspects of the company's e-commerce business and for driving its multi-channel digital strategy.  

    Barr has been working with the OfficeMax e-commerce business in an advisory capacity since July 2011 to assess the opportunities for the business and develop a strategy to maximize its potential.  

  • OfficeMax appoints chief digital officer

    Naperville, Ill. -- OfficeMax announced that it has appointed Jim Barr as executive VP and chief digital officer, effective Nov. 14. Barr will be responsible for all aspects of the company's e-commerce business and for driving its multichannel digital strategy.

    Barr has been working with the OfficeMax e-commerce business in an advisory capacity since July 2011. Prior to that, he served as president of Sears Holdings' online division.
     

  • Gordmans names former Charming Charlie, Macy’s exec as COO

    Omaha, Neb. -- Apparel and home fashions retailer Gordmans Stores said Wednesday it has named Michael Wirkkala as executive VP operations and COO.

    Wirkkala was previously VP of store operations for Charming Charlie. He also worked for Macy’s for three decades.
     

  • Report: Announced U.S. job cuts rose 13% from year ago

    Chicago -- A Wednesday report by Challenger, Gray & Christmas said that job cuts announced by U.S. employers increased in October from the same month last year.

    According to the report, planned firings rose 13% to 42,759, from 37,986 in October 2010, boosted by job cuts by government agencies and financial companies.

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