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Issue 08-18-2014

New leaders take center stage

Rarely in mass retailing have so many senior management positions changed hands in so short a time. Since the turn of the year, no fewer than five new faces have ascended to the highest levels in mass retailing. Rarely in mass retailing have so many senior management positions changed hands in so short a time.

Kmart president to face formidable obstacles

Among the rash of high-level executive changes that have swept through the discount and drug store sectors in recent weeks, none is arguably more important for the future of the company that made it than Sears Holdings’ appointment of Tesco executive Alasdair James as Kmart president and chief member officer. Among the rash of high-level