Wal-Mart Apparel Chief Resigns as Sales Lag
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Claire Wattsâs departure comes as the worldâs largest retailer continues to work to revive sales in the flagging division.
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Trudy F. Sullivan is stepping down to become president and chief executive of the womenâs apparel retailer Talbots.
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Weaker-than-expected holiday shopping forced Wal-Mart Stores Inc. on Saturday to cut its projected sales increase for November by more than half, an ominous announcement for retailers as their busiest time of year begins.
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The retailer's same-store sales decline.
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Phil Knight is finally letting go. He officially announced his resignation as CEO and president of the world&#39;s largest sneaker company on Nov. 18.
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Yum! Brands Inc. operations chief Aylwin Lewis has resigned from the Louisville restaurant company to become president and chief executive officer of discount retailer Kmart.
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Wal-Mart, the world's biggest  retailer, is selling its underperforming German stores to the  country's leading retail chain Metro, marking a major retreat  that will cost it about $1 billion.
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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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The surf-and-skate retailer's executive resigns, possibly to go off and buy Rossignol.
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In a long-expected move, the retailer announced that its chief executive, Bob Ulrich, would retire May 1 and be replaced by its president, Gregg Steinhafel.
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Thomas Coughlin, who joined Wal-Mart Stores as head of security and rose to vice chairman, will give up the post early next year after 25 years of service that helped the company become the world&#39;s biggest retailer.
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BearingPoint Inc. chairman and chief executive Randolph C. Blazer resigned abruptly yesterday after leading the McLean consulting firm for more than four years.
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Philip H. Knight resigned yesterday as head of the Oregon sneaker company that he built into Nike Inc., a global sportswear powerhouse that made everyone want to soar in Air Jordans, Wear
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Wal-Mart Stores Inc. on Monday said vice chairman Thomas M. Coughlin will retire Jan. 24, and his responsibilities will be assumed by a senior management team.
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Supermarket giant Winn-Dixie Stores Inc., struggling against competition from Wal-Mart and other grocery chains, named a new president and chief executive officer Friday, forcing out its previous leader after less than 18 months on the job.
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The wife of Democratic presidential candidate Barack Obama resigned Tuesday from the board of a food supplier for retail giant Wal-Mart Stores Inc., a target of criticism by the Illinois senator.
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Wal-Mart Stores Inc., the world&#39;s largest retailer, lowered its sales forecast for August, citing slow back-to-school sales and the effects of Hurricane Charley.