Retail

Community Choice Financial’s Saunders Joins Conn’s Board

Conn's

THE WOODLANDS, Texas-Conn’s has appointed William E. Saunders Jr., chairman and CEO of Community Choice Financial, to its board of directors. Saunders has been CEO of Community Choice Financial since June 2008, and was named chairman in May of this year. He joined the company in March 2006 as chief financial officer. Community Choice FinancialMore »

Last updated: August 4, 2014

Walmart Preps for an August Cyber Monday

Walmart

BENTONVILLE, Ark.-Walmart is kicking off August with special back-to-school deals geared toward college students looking for top electronics, dorm décor and other school essentials. The mass retailer said its rollbacks and special buys are timed to the start of sales tax holidays in select states and at a time that data shows a spike inMore »

Last updated: August 1, 2014

Bufano Named to Lead Bon-Ton

Kathryn Bufano

YORK, Pa.-The Bon-Ton Stores has named Kathryn Bufano president and CEO effective Aug. 25. Bufano most recently served as Belk Inc.’s president of merchandising. Bufano will succeed Brendan Hoffman, who chose not to renew his employment agreement. Hoffman resigned as president and CEO and as a member of Bon-Ton’s board, effective with Bufano’s election. AMore »

Last updated: August 1, 2014

West Elm Decorates Gracie Mansion

Gracie Mansion West Elm

NEW YORK–As New York City Mayor Bill de Blasio and his family settle in to Gracie Mansion this week, they will be making themselves at home amongst home furnishings supplied by West Elm. West Elm Home Stylist, Johanna Mele, was the lead designer on the project, which includes three bedrooms, a formal sitting room, aMore »

Last updated: August 1, 2014

Aaron’s Picks MasterCard’s Lockhart for Board

Aaron's

ATLANTA-Gene Lockhart, former president and CEO of MasterCard Worldwide, has been selected to serve on the board of directors of rent-to-own retailer Aaron’s. Lockhart’s appointment to the board goes into effect today. Board member John Schuerholz, president of the Atlanta Braves, is retiring from the board after eight years of service. During his tenure withMore »

Last updated: August 1, 2014

Target Tabs PepsiCo’s Cornell as New Chief

Brian Cornell

MINNEAPOLIS-Target has named Brian Cornell, former CEO of PepsiCo Americas Foods, as its new chairman and CEO, succeeding Gregg Steinhafel, who left the mass merchant in May. Cornell will assume his new post on Aug. 12. According to a Target statement, his first priorities will be “accelerating the company’s performance and advancing Target’s omnichannel evolution.”More »

Last updated: July 31, 2014

Decker Named Merchandising Head of Home Depot

Ted Decker

ATLANTA-The Home Depot has promoted Ted Decker to executive vice president of merchandising, responsible for all aspects of the home improvement retailer’s merchandising strategy and operations. Decker will assume his new role on Aug. 4. He will report to Craig Menear, president of Home Depot’s U.S. retail operation. Menear was the previous executive vice presidentMore »

Last updated: July 31, 2014

hhgregg Q1 Loss Grows as Sales Fall

hhgregg

INDIANAPOLIS-The first-quarter net loss for hhgregg increased from $1.3 million last year to $10.3 million this year, as the specialty retailer’ sales fell by double digits. Net sales in the quarter, which ended on June 30, dropped 10 percent to $472.3 million, primarily due to the decrease of 10.2 percent in same-store sales. Computers andMore »

Last updated: July 31, 2014