• Brad Street, the president of Albertsons’ Intermountain division, has been named president of the company’s Northern California division. Street began his Albertsons career in 1983.
• Gerald Storch, the former Toys R Us CEO who since 2015 has been CEO of Hudson’s Bay Co. - which owns Saks Fifth Avenue and Lord & Taylor - resigned on Friday. Reuters describes the resignation as coming “at a time when the department store company is in the middle of a strategic review and struggling to turn around sales.”
• Gerald Storch, the former Toys R Us CEO who since 2015 has been CEO of Hudson’s Bay Co. - which owns Saks Fifth Avenue and Lord & Taylor - resigned on Friday. Reuters describes the resignation as coming “at a time when the department store company is in the middle of a strategic review and struggling to turn around sales.”
- KC's View:
