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Chain Store Age Executive Fax back issues
Seiyu Ltd., a Japanese retailer soon to become a subsidiary of Bentonville, Ark.-based Wal-Mart Stores, appointed Ed Kolodzieski to become president and CEO.(PEOPLE IN THE NEWS)
November 4, 2005... Seiyu Ltd., a Japanese retailer soon to become a subsidiary of Bentonville, Ark.-based Wal-Mart Stores, appointed Ed Kolodzieski to become president and CEO. He currently is senior VP and COO of Wal-Mart International and has been a Seiyu board member since 2004.
Hat World Corp.(appoints Kenneth J. Kocher and Glenn Campbell)(Brief Article)
November 4, 2005... Kenneth J. Kocher has been named president of Hat World Corp. and Glenn Campbell has been named COO. Kocher, who joined Hat World in 1997 as CFO, will have general responsibility for all aspects of Hat World's business. Campbell, a co-founder of the company, will be responsible for store...
Rite Aid Corp.(appoints Kevin Twomey and Doug Donly)(Brief Article)
November 4, 2005... Rite Aid Corp. promoted Kevin Twomey, 55, to CFO. He had been acting CFO since August, when John Standley left the post to become CEO of Carteret, N.J.-based Pathmark Stores. Also at Rite Aid, Doug Donly, 43, was promoted to chief accounting officer.
Sales momentum holds strong: 4.4% comps surpass expectations.
November 4, 2005... A stronger-than-expected surge in sales lifted the International Council of Shopping Centers' (ICSC's) tally of industrywide same-store sales for the month of October. Retailers generated a 4.4% growth in comps, led by teen-oriented chains. Of the 66 retail companies listed below, a full...
New stores, new markets.(specialty stores in USA)(Brief Article)
November 4, 2005... Magnolia Hi-Fi, the consumer electronics concept acquired by Best Buy, has executed a lease to open a 9,589-sq.-ft. store in the Perimeter Place mall in Atlanta.... Celebra Por Menos has signed a lease for 4,000 sq. ft. in the Plaza Los Prados in Puerto Rico.... Grand Furniture Discount...