Burberry taps Versace chief as CEO; Target more than doubles Apple shop-in-shops in time for the holidays; Is Best Buy undermining its storybook turnaround?; Tailored Brands hires Neiman Marcus vet for CFO spot
Layoffs and flexing in stores have taken a toll, current and former employees told Retail Dive. As one said, "You can't have good customer service when you barely have any customer service reps."
COO Matthew Moellering, who once served as the retailer's interim CEO, will become the acting chief financial officer following Perry Pericleous' departure.
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