Deb Shops Names Questrom as Nonexecutive Chairman

Philadelphia Veteran retailer Allen Questrom, the former CEO of J.C. Penney, Federated Department Stores and Barneys New York, has been named nonexecutive chairman at Deb Shops Inc.

The announcement was made by Prospect Capital Corp., which has invested in the takeover of the formerly public Deb Shops this year by the Lee Equity Partners private-equity firm.