View Post

Barbara Rentler to Succeed Michael Balmuth As Ross Stores CEO

In People, Reports, What's New by Accessories StaffLeave a Comment

People

Pleasanton, CA—Ross Stores, Inc. announced today the promotion of Barbara Rentler to chief executive officer, effective June 1, as part of its long-term management succession plan. Rentler has been serving as president and chief merchandising officer of Ross Dress for Less since December 2009. Rentler will succeed Michael Balmuth, who …

View Post

Executive Moves: Ross Stores, Deckers, Vera Bradley, RG Barry

In People, What's New by Accessories StaffLeave a Comment

People

Ross Stores Appoints Michael Hartshorn Chief Financial Officer Dublin, CA—Ross Stores Inc. announced that Michael Hartshorn, 46, is being promoted to chief financial officer, retaining his senior vice president title, effective Feb. 2. Hartshorn will be responsible for the accounting, treasury, financial planning, tax, risk management and investor relations functions. …

View Post

Good Tidings: December Comp Sales Better Than Expected

In Industry News, Reports, What's New by Accessories StaffLeave a Comment

New York—Despite unpredictable weather and politics in Washington, retailers managed to beat what had been lowered expectations for December comparable store sales. Of the 17 or so major retailers reporting today (excluding drugstores), total December comparable store sales rose 4.5%, topping analysts’ estimates for a 3.3% increase. Even better, the …