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Julian Geiger resigns from Aeropostale board
New York City -- Aeropostale said Friday it has appointed seven-year board member Karin Hirtler-Garvey as chairman of the board, replacing Julian R. Geiger who has stepped down as chairman and resigned from the board.
In November, Gieger left his chairman/CEO post with Aeropostale to join Crumbs Bake Shop as president and CEO.
Hirtler-Garvey is a CPA, and most recently was the chief risk executive for Ally Financial Inc. Prior to that, she held various senior level management positions at Bank of America.
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Walgreens same-store sales down 4.6% in January
Deerfield, Ill. -- Walgreens said its same-store sales in January fell 4.6% in the wake of its decision to stop doing business with a major pharmacy benefits manager. A weak flu season also figured into its results.
Walgreen stopped filling prescriptions for patients in the Express Scripts network on December 31, 2011. Pharmacy same-store sales were down 7.9% in January.