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From 2006 to 2009, he was president of Sam's Club, Walmart's warehouse stores division.
(REUTERS TOYS R US Usaidid the president of its United States stores division, John Barbour, was terminated "without cause".
"They put their U.R.L. on the shopping bag in stores, and the stores division wanted to charge the Internet division.
The Target stores division, now four-fifths of the company, has continued to outperform Target Corp's old-style department stores, which include Dayton's, Hudson's and Mervyn's California.
Wal-Mart Stores said yesterday that it had named Eduardo Castro-Wrigheadhead of its Mexican subsidiary, chief operating officer of its United States Wal-Mart stores division.
Circuit City Stores, the electronics chain, promoted George D. Clark Jr. to president of its retail stores division and named two other executives to senior positions.
Similar(47)
"The rent is prohibitive," said Andy Stockel, president of the company's store division, about the store's closing.
Operating profit at the group's department store division dropped almost 9percentt in the first nine months of the year.
Revenue rose nearly 13percenttoto $10.07 billion, from $8.94 billion, driven by a 16percentt increase at its namesake discount store division.
Target, the discount-store division of the Target Corporation, won the Obie Hall of Fame award for years of outstandingly creative outdoor ads.
Another surprise came from J. C. Penney, which posted a 5.9percentt increase in same-store sales for its department store division.
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