TV Station KWQC reports this change at Target’s former Marshall Field’s unit:
Sears, Roebuck and Company says it’s plucked Luis Padilla from rival Target Corporation to become its first president of merchandising.
Padilla last served as executive vice-president for merchandising in Target’s recently sold Marshall Field’s unit.Sears says Padilla’s experience in department-store and discount environments, and in mall and non-mall formats, will help growth “on all fronts.” He’ll report to Chairman and Chief Executive Alan Lacy.
Great move for Sears – will be interesting to see what happens.
2 responses
VERY smart move on Sears' part. Merchadising has always been a problem in those stores. Hopefully it's not too late for them.
Does anyone know any more about Luis Padilla? Does he have any interest in hispanic marketing? Is he involved in Hispanic cultural groups? What is his descendancy? Gracias.