Dastugue to Leave J.C. Penney as CFO
April 11, 2012,
PLANO, Texas-Michael Dastugue, J.C. Penney's executive vice president and chief financial officer, will leave the retailer on April 13.
Michael Kramer, chief operating officer, will assume the chief financial officer duties in an interim capacity. A search has begun for a new chief financial officer.
Other Articles By Author
Von Tobel Cites Brass Textures Among Top Trends
HFN's DIGITAL EDITION
2017 State of the Industry Report
Cautious Optimism, Mixed Results
Many expected 2016 would be a banner year, but the political and economic climate softened consumer confidence. It was also a year consumers spent more lavishly on home remodeling rather than decorating.
ALSO IN THIS ISSUE:
- TJX Unveils First U.S. Homesense Store - In a time when retailers are reducing store counts, TJX continues to get physical.
- Ikea’s Fluid Spaces - The retailer’s new intros reflect multifunctional rooms.
- N.Y. Home Fashions Market Preview - Textile textures get soft and cozy, colors warmer.