the republic logo

Boire appointed acting president and CEO of Sears Canada

bug
Share/Save/Bookmark

HOFFMAN ESTATES, Illinois — A Sears executive was named acting president and CEO of Sears Canada on Wednesday.

Late last month the company said that CEO of Sears Canada, Douglas Campbell, would leave at the end of the year.

The Hoffman Estates retailer has been struggling and earlier this month said that it would sell most of its stake in the Canadian unit to raise $380 million in much-needed cash ahead of the holiday season.

Sears Holdings Corp., which runs Kmart and its namesake stores, said Ron Boire would step down from his roles as executive vice president, chief merchandising officer and president of Sears Full Line Stores and Kmart Format.

Before joining Sears in 2012, Boire was the CEO of Brookstone Inc.

Think your friends should see this? Share it with them!

Story copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Feedback, Corrections and Other Requests: AP welcomes feedback and comments from readers. Send an email to info@ap.org and it will be forwarded to the appropriate editor or reporter.


We also have more stories about:
(click the phrases to see a list)

Category:

Follow The Republic:

All content copyright ©2014 The Republic, a division of Home News Enterprises unless otherwise noted.
All rights reserved. Privacy policy.