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NRF to recognize ‘the Chief’ at special luncheon
NEW YORK — The National Retail Federation will present Ohio Council of Retail Merchants president and CEO John C. Mahaney Jr., known as “the Chief,” with the J. Thomas Weyant Lifetime Achievement Award at NRF’s Annual Convention and EXPO next week in New York.
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Sears CEO stepping down; Lampert taking reins
New York -- In a surprise move, Sears Holdings Corp. announced that CEO Louis J. D'Ambrosio will step down as CEO, effective Feb. 2, for family health reasons. D'Ambrosio will be replaced by the company's chairman and its largest shareholder, Edward Lampert.