Dollar General names new EVP & CIO
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Kohl ' s brings new CFO on board
American department store chain, Kohl’ s, has tapped Bruce H. Besanko as the new Chief Financial Officer of the company and will be responsible for overseeing Kohl’ s financial planning and analysis, investor relations, financial reporting, accounting operations, tax, treasury, nonmerchandise purchasing, credit and capital investment strategies.“ We’ re excited to have Bruce join our team and believe that his breadth of experience will be of great value to Kohl’ s as we continue to build our path forward,” said Kevin Mansell, CEO and President, Kohl’ s. With more than 21 years of financial leadership experience in retail, Bruce has great insights on how to help organizations move with the speed and agility that business
Nordstrom Rack to open in Wisconsin( US)
Nordstrom, US-based leading fashion specialty retailer has announced to open a Nordstrom Rack store at Bayshore Town Center in Glendale, Wisconsin, USA. The approximately 26,800 square-foot store is scheduled to open in fall next year.
The new Nordstrom Rack location will anchor the redeveloped north requires, while maintaining a financial framework of operational excellence. He also held various financial leadership roles in Supervalu and OfficeMax. Another interesting fact about Bruce is that he has served 26 years in the US Air Force where he rose to the rank of Lieutenant Colonel.
end of the project which will also feature a new mall entry, expanded convenient parking and other retail space. Nordstrom Rack will join existing retailers such as H & M, Ulta Beauty, iPic Cineplex, Trader Joe’ s and Kohl’ s.
“ We look forward to opening a store at Bayshore Town Center – a more convenient location
“ I have admired Kohl’ s business model for years and am enthusiastic about the future the company is creating, really differentiating itself as a bright spot in retail. Kohl’ s has an excellent reputation in the financial community and I look forward to joining the company,” stated Bruce.
for our customers in the North Shore area. We’ re excited to bring customers here, the great brands at great prices that they’ ve come to expect when we open our doors in 2018,” said Karen McKibbin, President of Nordstrom Rack.
This will be the second Nordstrom Rack store in the Milwaukee area. The company also operates a full-line store at Mayfair Mall.
Nordstrom Rack is the off-price retail division of Nordstrom Inc., offering customers a wide selection of on-trend apparel, accessories and shoes at an everyday savings of 30-70 per cent off on regular prices.
Dollar General names new EVP & CIO
Dollar General Corporation, an American chain of variety stores headquartered at Tennessee, has announced appointment of Carman Wenkoff as Executive Vice President and Chief Information Officer( CIO).
He will replace current CIO Ryan Boone, who recently announced his retirement. Wenkoff brings a broad range of experience to Dollar General with success in implementing digital strategies and payment and loyalty solutions at the retail level.
Commenting on his appointment, Todd Vasos, Dollar General’ s Chief Executive Officer said,“ I am excited to have someone with Carman’ s experience and digital expertise to be joining our team to lead this important part of the business. We continue to focus on enhancing our digital presence and meeting our customers when and how they decide to engage with us. I’ m confident about Carman’ s vision. We will continue to strengthen these efforts as well as leverage technology to improve our processes, lower costs and drive a better customer experience.”
Wenkoff most recently served as Chief Information Officer and Chief Digital Officer for Subway restaurants, where under his leadership, the Information Technology( IT) team created an innovative digital marketing platform and point-of-sale system, and many other integrated store technology solutions to help increase sales and profitability.
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