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Sears names new supply chain exec
Former Dell and Best Buy executive William Hutchinson is joining Sears Holdings at SVP and president of supply chain.
Hutchinson spent seven years with Dell and most recently served as vp of global fulfillment and logistics for the Round Rock, Texas-based company. In his new role Hutchinson will be accountable for all aspects of the company's supply chain, including distribution, transportation, customs compliance and global sourcing. He is filling a role previously held by Raj Penkar, who will retire from the company on May 31.
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Coldwater Creek to seek liquidation, according to report
New York -- Coldwater Creek Inc. is planning to liquidate its assets after a bankruptcy filing that is expected to come soon, Bloomberg News reported. The filing would come five months after the specialty women's apparel retailer, which is based in Sandpoint, Idaho, said it was exploring strategic alternatives, including a sale.