Login
|
Lampert To Take Sears Reigns As D'Ambrosio Steps Down Tuesday January 8th, 2013 - 9:37AM
These are shortcuts to your favorite social networking and bookmark sites. Add this story to your Facebook page, del.icio.us, DiggIt, and many others!
 Sears Holdings Corp. has announced that Louis D'Ambrosio will step down as CEO due to family health matters at the end of the company's fiscal year on February 2. At that time, Edward Lampert will assume the role of CEO of Sears Holdings in addition to his role as chairman of the board of directors. D'Ambrosio will remain on the board until the company's next annual meeting, to be held in May, and will be available to assist with the transition. "The board greatly appreciates Lou's strong leadership in accelerating the transformation of Sears Holdings, and we understand and respect his personal decision to step down," said Lampert. "Lou has guided Sears Holdings during a time of rapid industry change to become a more customer and member-focused company, and positioned us to lead in integrated retail. His contributions to our company have been significant, and the entire Sears Holdings family wishes Lou and his family the very best." Tags: Housewares Retail |
Nordstom Racks Up Sales But Still Comes Up Short In Q1 »
Kohl's Roughed Up In Q1 But Earnings Beat Street
Lifetime Brands, Bombay Co. Ink Licensing Deal
Wal-Mart Cites Weather For Chilling Q1 Sales
Macy's Q1 Tops Street On Earnings Despite Headwinds
Five Below Sales, Stores, Shares Expand
With all the color that has been unleashed on the housewares business this year, asking what the hot colors are is not enough. It’s more important to understand why they might be hot and how they can be applied to generate sustained revenue.
