STORES Magazine - May 2008 - (Page 31)

STORES drew on the wisdom of a handful of retail luminaries to select the winning concepts highlighted here. Collectively, these six men have more than a century of retail experience and expertise; individually, each has carved a niche in the annals of U.S. retailing. While each of STORES’ judges has a unique resume, they share one commonality: Every one of them served as a former chairman of the National Retail Federation, gaining a broad view of all things related to retailing. Their multifaceted vision of contemporary business and keen understanding of what it takes to succeed in retailing makes them uniquely qualified to serve as our judges. Bernard Brennan, Chairman, Tomax and eFashionSolutions Brennan’s career in retail spans more than 30 years, 17 of them as a CEO. He began at Sears, where he held a variety of positions. He then moved on to Sav-A-Stop, where he was chairman and CEO, and Household Merchandising, a $5 billion retail holding company, where he was also seated in the corner office. Brennan is best known for the 11 years he spent at the helm of Montgomery Ward Holding Co. Today, he remains engaged in the retail industry as chairman of eFashionSolutions, a N.J.-based turnkey provider of web stores, and Salt Lake City-based Tomax, which offers merchandising and store-execution applications. Farooq Kathwari, chairman and CEO, Ethan Allen Kathwari has transformed Ethan Allen into a leading vertically integrated interior design company. The stores — now called design centers — provide decorating solutions using stylish, quality products that offer great value. Kathwari preserves the inspirational and aspirational quality of the brand while expanding its reach to a broad base of customers, keeping prices affordable and providing flexible financing plans. James Oesterreicher, former CEO, JCPenney Oesterreicher started with JCPenney as a management trainee in 1964. He climbed to the very top of the corporate ladder, eventually reaching the CEO perch. Since retiring in 2000, Oesterreicher has served on a number of public, not-for-profit and charitable boards. He currently sits on the boards of directors for Brinker International and HCC Insurance Holdings. In the not-for-profit arena, he serves as a director of Texas Health Resources. WWW.STORES.ORG Allen Questrom, senior advisor, Lee Equity Partners Questrom’s retail resume is peppered with some of the most well-known and well-respected names in retailing: Federated Department Stores, Barneys New York and JCPenney. Today, he is a senior advisor of Lee Equity Partners, a member of the boards of directors of Sotheby’s Holdings and Wal-Mart Stores and a trustee of Boston University (his alma mater). Questrom is a member of the National Committee of the Whitney Museum of American Art in New York and of the Aspen (Colo.) Art Museum’s National Council. With Kelli, his wife of 39 years, he spends time in Dallas, New York and Aspen. Gordon Segal, chairman, Crate & Barrel Segal became chairman of Crate & Barrel on May 1, marking only the second time the co-founder and CEO of the nationwide retailer of domestic goods and furnishings has had to change the title on his business card. Segal and his wife Carole started the company in 1962 with “a lot of taste and little money,” today, Crate & Barrel has a cult following. Segal is pulling back from 60-hour work weeks to become more involved with the Segal Design Institute at Northwestern University. Arnold Zetcher, former chairman, president and CEO, Talbots Zetcher retired in August 2007 after 20 years as Talbots president and CEO. He kept his finger on the pulse as chairman of the board until March 31, but now delights in calling himself a “civilian.” Still, he continues to be involved in the industry as chairman of the NRF Foundation and remains intensely interested in the industry. Zetcher serves on the board of Washington University in St. Louis (his alma mater). Most of his time is now spent with his wife Ellen in Southern California, where the two indulge their passion for thoroughbred race horses. STORES / MAY 2008 31 http://WWW.STORES.ORG

Table of Contents Feed for the Digital Edition of STORES Magazine - May 2008

Stores - May 2008 Contents Executive Editor's Page President's Page Contrasting C-Level Compensation Across Segments What Shoppers Think 10 Things You May Have Missed Numbers Worth Counting Full Price/Markdown Retail People Cover Story: Concepts That Clicked Concept2Watch Kiosks Artificial Intelligence Tech Support Online LPinformation Data Synchronization Human Resources Site Selection POS Selection Communications Biometrics Networking Systems Credit Loeb Retail Letter Arts Update Point of View NRF News Retail Crossword Retail Industry Calendar Last Laugh

STORES Magazine - May 2008

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