Sears Holdings denies Sears Canada sell-off rumors
HOFFMAN ESTATES, Ill. — A report in the New York Post that Sears Holdings is looking to sell its Canadian division is false, the retailer said.
The Post reported that Sears Holdings chairman and CEO Eddie Lampert was talking with investment bankers at the possibility of selling Sears Canada.
"This morning’s report concerning Sears Canada by the New York Post contains false statements regarding Sears Holdings and its intentions for Sears Canada," a statement by the company read. "In particular, it is false to claim that Mr. Lampert, the CEO of Sears Holdings, is in talks with investment bankers about Sears Holdings’ interest in Sears Canada. Similarly, the claim that Mr. Lampert is conducting a ‘beauty contest’ also is false."
Peter McMahon appointed as Shopko CEO
GREEN BAY, Wis. — The former COO of Canadian grocery chain Loblaws has been named mass-merchandise retailer Shopko’s new CEO, the company said Monday.
Shopko announced the appointment of Peter McMahon, who was responsible for Loblaws’ supply chain, information technology, human resources, labor relations, merchandising, store operations and loss-prevention functions. Before Loblaws, he served in various positions at Walmart in Germany and Japan and Tesco in central Europe. McMahon will replace COO Mike Bettiga, who was appointed as interim CEO in October 2012 after the departure of Paul Jones.
"We are fortunate to have such a successful and distinguished retail executive like Peter McMahon join the Shopko team," said T.S. King, senior managing director of Sun Capital Partners, the investment firm that owns Shopko. "Peter is highly collaborative and has an outstanding track record of driving results and solving complex business problems. His extensive supply chain experience will be a tremendous asset as Shopko continues to grow its Shopko Hometown store format, which serves smaller, rural markets."
Strategic sales consultant Dan Mack offers in-depth exploration on how ‘Dark Horse’ companies succeed
CHICAGO — Strategic sales consultant, trainer and first-time author Dan Mack on Friday announced that his soon-to-be-launched first book, "Dark Horse" will be showcased at http://DarkHorseBook.com.
Mack focuses specifically on the topic of entrepreneurship with the intention of helping small businesses achieve success despite the ever-growing competition and uncertain business and economic scenarios. In preparation for writing the book, Mack researched, interviewed or consulted with more than 100 emerging companies that, by all accounts, were outmatched by competition — yet they were winning.
The best leaders and companies bring more than unique products or services to the market, and they consistently tap into the 10 growth enablers outlined in this book, Mack noted. And he should know; Mack also shares many insights from the experiences he gained from developing two of his own businesses, or "challenger companies," as he describes them.
"I always find people asking me for advice on how they too can set up their own business and be successful at it, considering the tough competition and uncertain economic scenario," Mack said. "Whether these people want to lead a small business, a consulting practice, a sports team or a not-for-profit enterprise, this book will reveal the clues left behind by winning organizations and help them succeed and prove themselves to be a dark horse company," he said. "Running a small business can be exciting and stressful at the same time. Preparation is the key to success, and my book will go a long way in introducing first time entrepreneurs and small business owners to brace themselves for the challenges."
Mack earlier this summer outlined the top 10 characteristics that define leading dark horse companies on a DSN "From the Blogs" post.