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New execs named at Zale Corp.
DALLAS -- Zale Corp. announced that Jeannie Barsam has been named SVP merchandise planning and allocation, and Toyin Ogun has been named SVP human resources and customer service.
“Jeannie and Toyin add both critical experience and depth to our leadership team,” said Theo Killion, CEO. “These appointments exemplify the strategic investments we are making in organizational capability to drive our turnaround initiatives.”
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Collective Brands narrows Q4 loss
Topeka, Kan. -- Collective Brands, the parent company of Payless ShoeSource, said Wednesday that its net loss narrowed slightly in the fourth quarter as sales improved in its wholesale unit. The performance beat Wall Street expectations.
For the three months ended Jan. 29, Collective Brands lost $10.1 million, compared with a loss of $10.9 million in the year-ago period.