Home
Global Supplier Directory
APPLIANCE Engineer
Supplier Solutions
APPLIANCE Line
Whitepaper Library
Calendar of Events
Association Locator
Contents Pages
Market Research
Subscription Center


 
Daily News

Sears Establishes New Executive Retail Position
Jul 13, 2004
 Printable format
 Email this Article
 Search

Appliance retailer Sears, Roebuck and Co. announced the establishment of a new, expanded leadership position of president of Sears Retail. The new role reflects the next phase of the company's growth strategy, including Sears' recently announced accelerated expansion off-mall.

The new position will include responsibility for all existing U.S. Sears Full-line and specialty retail stores and leadership of the company's new off-mall growth agenda. Sears expects to operate approximately 70 new off-mall stores by the end of next year, including 12 to 14 Sears Grands and a new mid-size format that was announced with Sears' planned acquisition of up to 54 Kmart stores and seven Wal-Mart stores. In addition, the business president will oversee merchandising, supply chain management, and marketing.

Sears will immediately commence an external search for the position. Alan J. Lacy, Sears chairman and CEO will perform the functions of the position on an interim basis while the search is being conducted.

"We are establishing this important new position as part of the next phase of Sears' strategic plan, which involves execution of our off-mall growth program, full integration and alignment of the retail organization, and the continuing turnaround of our mall-based stores," Mr. Lacy said.

Sears also announced that Mark S. Cosby, executive vice president and president of Full-line stores, is leaving the company to explore other opportunities, effective immediately.

Back to Daily News

 

Daily News

...........................................................

Dec 17, 2014: Bosch names Kenny head of marketing

Dec 17, 2014: Multifamily Production Index off its peak, but still positive

Dec 17, 2014: AHRI launches two new certification programs

Dec 16, 2014: Ar├želik awarded for fridge with integrated ice-cream bowl

Dec 16, 2014: Report: appliance segment at the top of 2014 reshoring list

More Daily News>>

RSS Feeds
.........................................................
Appliance Industry
Market Research

...........................................................

November 2014: Appliance Magazine Market Insight Annual Subscriptions
November 2014: U.S. Appliance Industry: Market Value, Life Expectancy & Replacement Picture 2014
October 2014: Portrait of the European Appliance Industry
September 2014: Appliance Industry Focus: HVAC




 
Contact Us | About Us | Subscriptions | Advertising | Home
UBM Canon © 2014  

Please visit these other UBM Canon sites

UBM Canon Corporate | Design News | Test & Measurement World | Packaging Digest | EDN | Qmed | Plastics Today | Powder Bulk Solids | Canon Trade Shows