C-SUITE

Toys "R" Us named Mark Johnson executive VP, U.S. marketplace operations, effective immediately.    Johnson had been serving as interim executive VP, store operations since May. He joined the company in October 2014 as regional director for stores before being promoted to VP of operations, strategy and execution in 2015.   

A veteran retailer has joined the executive team of Sally Beauty.   Sally Beauty Holdings has named Carrie McDermott as president of its Sally Beauty operations in the U.S. and Canada, effective August 29, 2017.  

Houston-based Fiesta Mart has appointed a retail veteran as its new chief executive.   The Hispanic grocery store chain named Sid Keswani as CEO, effective August 9, 2017. He replaced outgoing chief executive Mike Byars.  

Pier I Imports' loss is Fossil Group's gain.   Pier 1 Imports announced that Jeffrey N. Boyer, executive VP and CFO, is leaving the company effective October 3, 2017 to become CFO of Fossil Group, where he has been a member of the board of directors since 2007. Pier 1 is appointing an executive search firm to conduct a search for a new CFO.   

One of the nation's leading supermarket executives has tapped a retail and digital veteran to join its team.    Albertsons Companies appointed Kevin Turner, former COO at Microsoft, as vice chairman of the board of managers of AB Acquisition, its direct parent. Turned has also been named senior advisor to Albertsons chairman and CEO, Bob Miller.  

Volatility in the retail industry is now hitting senior retail executives in the pocketbook.   Seventy-three percent of retail companies paid little to no bonuses to senior executives in 2017 for 2016 performance, with 35% paying no bonus and 38% paying only small bonuses to their executives, according to new research by Korn Ferry. The company conducted an analysis of 40 North American retailers with annual sales between $1 billion and $50 billion  

Someone forgot to tell At Home that big-box stores are passé.    Since Lee Bird took the reins as chief executive at the beginning of 2013, the Plano, Texas-based home decor superstore retailer has been on a steep upward trajectory — and it shows no signs of losing momentum anytime soon.   

A retail legend has passed.   Costco Wholesale Club announced "with great sadness" that co-founder and chairman Jeff Brotman died Tuesday morning. He was 74.   "The thoughts of Costco’s board, management and employees are with Jeff’s wife and family,” Costco said in a short statement.    Brotman co-founded Costco Wholesale with Jim Sinegal. The two opened the first Costco warehouse club location in 1983, in Seattle.