New hire amounts to Sears shakeup
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The Sears Roebuck and Co. PR team had its cue cards close at hand on Monday, ready to read off rote answers to some of the more delicate but obvious concerns related to the arrival of Luis Padilla as the retailing giant&#39;s new president of merchandising.
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Three of the nation&#39;s largest warehouse retailers - Wal-Mart, Home Depot and Costco Wholesale Corp. - have much in common: In opening hundreds of new stores, they&#39;ve hired tens of thousands of hourly employees, many of whom have become managers.
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Kmart is replacing its president and chief executive with Aylwin B. Lewis, an outsider whose background is in the fast-food restaurant business.
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CHICAGO, Jan. 28 -- Sears Holdings said Monday that chief executive Aylwin B. Lewis will step down this week, leaving a management void at the top of the department-store chain as it struggles to connect with customers and reinvigorate slumping sales.
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LG Electronics Inc.  replaced on Monday its chief executive and other senior officials in a management reshuffle that analysts say is aimed at bringing in momentum to its stalled handset and display businesses.
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Mr. Brennan became chief executive at Sears in 1986, when the company was the nationâs largest retailer.
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Carole Leigh Hutton, the editor of The San Jose Mercury News was replaced in a top-level shake-up at the newspaper.
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Susan L. Decker, Yahooâs new president, is reorganizing the companyâs management ranks with a new division responsible for generating the bulk of the companyâs revenue.
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John Pluthero, the combative executive chairman of Cable & Wireless, has begun his shake-up of the telecoms group's international division by replacing two key managers.
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- Retailer Sears Holdings Corp  said its Chief Executive Aylwin Lewis will leave the company, effective Feb 2.
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Microsoft Corp  announced a  management shake-up at its loss-making online division on  Thursday, thrusting an outsider into a prominent position ahead  of a proposed merger with Yahoo Inc .
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Business & money: New chief executive says retailer was left with large quantities of unsold goods in run-up to Christmas
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The Mets, as expected, shook up most of their Major League coaching staff on Wednesday, moves that coincide with the search for a new manager.
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The retailer shows its turnaround may be working.
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Lowe Worldwide's new leader has a reorganization plan for the agency, which is recovering from account losses, management turmoil and failed mergers.
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Andrew Ruben, who built unusual alliances between the retailer and environmental groups, is leaving the job for a new assignment overseeing merchandise.
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Sears Roebuck and Co. probably will put a new spin on the Sears name for the 56 stores it is taking over from Kmart and Wal-Mart. &quot;Sears will be in the name, but we&#39;re reviewing whether the name will be something