Human Resources

Matthews, N.C. -- Family Dollar Stores said Tuesday it has named Beth MacDonald to the position of VP – assistant general counsel and assistant secretary.

MacDonald, previously a partner in the Charlotte office of law firm Alston & Bird, joined Family Dollar in 2010 as divisional counsel - securities and was promoted to assistant general counsel in April.
 

DALLAS — Zale Corp. announced that Subha Ramesh has been named SVP real estate. Ramesh will report to Matt Appel, chief administrative officer.

Dallas -- Zale Corp. said Monday it has appointed Subha Ramesh as senior VP real estate, effective immediately.

Ramesh, who will report to chief administrative officer Matt Appel, was previously senior VP of Hilco Real Estate. Prior to that, she spent eight years at Limited Brands as senior VP real estate and as VP real estate for Intimate Brands.

Farmington Hills, Mich. -- Pet Supplies “Plus” said Tuesday that Donna Capichano Simmons has joined the company as senior VP real estate.

Capichano Simmons, who was previously VP real estate development for Kohl’s, is charged with refining and implementing PSP’s real estate growth strategy.
 

MINNEAPOLIS — The unexpected announcement that Target EVP and CFO Doug Scovanner will retire on March 31, 2012 has investors speculating about the reasons for his departure following the recent exit of other key executives.

Analysts at Bernstein Research pointed to the fact that no successor has been named, suggesting that the retirement was not a long planned for event. However, the firm said it believes that despite the unexpected news, this appears to be a true retirement and doesn't anticipate seeing Scovanner in a CFO role at another major company.

Wayne, N.J. -- Toys “R” Us announced Tuesday a joint venture with Li & Fung Retailing that will expand Toys “R” Us in Southeast Asia and Greater China.

With the new agreement, the existing Toys “R” Us licensed operations throughout Asia, consisting of more than 100 stores and offices across nine markets, will become 70% majority owned and controlled by Toys “R” Us and 30% owned by Li & Fung Retailing.

Dallas -- SRS Real Estate Partners has announced the hiring of Caroline Hurley as a senior marketing coordinator in the Dallas/Ft. Worth office.

Hurley will be responsible for executing national marketing strategies at the local level including branding, lead generation initiatives, communications and public relations, digital marketing and providing broker support. 

WAYNE, N.J. — Toys“R”Us announced that it has entered into a joint venture with Li & Fung Retailing that would make Toys"R"Us Inc. the majority shareholder of Toys"R"Us operations in Southeast Asia and Greater China. With this agreement, the existing Toys“R”Us licensed operations throughout Asia, which currently consist of more than 100 stores and offices across nine markets, will become 70% majority owned and controlled by Toys“R”Us Inc. and 30% owned by Li & Fung Retailing.