Retailers’ holiday promotions and a shift in consumer buying habits generates heavy demand for Monday deliveries by FedEx.
Brendan Hoffman, former head of Neiman Marcus Direct, takes over from Bud Bergren.
Regional department store chain retailer The Bon-Ton Stores Inc. has a new CEO with a lot of experience running a big e-commerce operation.
Bon-Ton, No. 520 in the Internet Retailer Second 500 Guide, has hired Brendan Hoffman to be its next CEO. Until recently Hoffman was the CEO of Lord & Taylor Holdings LLC, another regional department store chain that on Monday was acquired by Hudson's Bay Co., a Canadian retail conglomerate that also owns three retail chains and operates 600 stores.
Prior to running Lord & Taylor, Hoffman was the CEO of Neiman Marcus Direct, a part of The Neiman Marcus Group Inc., No. 39 in the Internet Retailer Top 500 Guide. In fiscal 2011 Neiman Marcus posted e-commerce sales of $653.7 million, up 13.9% from $574.0 million in fiscal 2010.
Hoffman will replace Bud Bergren as CEO, while Bergren stays on as chairman. Bon-Ton operates 276 department stores under brands such as Bon-Ton, Bergner’s, Boston Store, Carson Pirie Scott, Elder-Beerman, Herberger’s and Younkers. Bon-Ton launched e-commerce in 2007.