The necklace is featured in the brand’s “Rebel Heart” campaign starring Adam Levine and Behati Prinsloo.
Sears Canada CEO resigns citing family issues
Sears Canada announced that after just a year on the job, CEO Doug Campbell will step down from the position by the end of the year.
Toronto--Sears Canada announced that after just a year on the job, CEO Doug Campbell will step down from the position by the end of the year.
The company said that it would begin the search for his replacement immediately, and that Campbell will stay on until the new CEO is found but no later than Jan. 1. He will move back to the United States after his resignation to deal with personal family issues, according to Sears.
Before taking the role of CEO in September 2013 to succeed Calvin McDonald, Campbell served as executive vice president and chief operating officer of the retailer.
Sears Canada, which is majority owned by Sears Holding Corp., has seen years of falling sales and revenue as it faces tough competition and continues to lose share in the market.
The parent company has been looking to sell its 51 percent stake in the division but hasn’t found a buyer yet. It also has been selling a number of its leases in high-profile urban shopping areas in Canada to help raise cash.
In its announcement about Campbell’s resignation, Sears Canada said it “remains committed to continue the strategy of optimizing productivity, realizing value from desirable assets, and creating a highly relevant retailer in Canada with a focus on rural and suburban locations.”
RELATED CONTENT: Analysts speculate the end is near for Sears
While Sears Canada “remains committed,” analysts have been speculating that parent company Sears Holding Corp. could be the next big retailer to shutter its doors, given its stagnant sales, growing losses, and the recent $400 million loan from its own CEO, Edward Lampert, which he secured with liens on 25 properties owned by Sears.
The Latest
The two organizations will host a joint event, “Converge,” in September 2025.
Big changes appear to be on the horizon for the diamond miner and its parent company, Anglo American.
With Ho Brothers, you can unlock your brand's true potential and offer customers the personalized jewelry experiences they desire.
Padis succeeds Lisa Bridge, marking the first time the organization has had two women board presidents in a row.
Jesse Cole, founder of Fans First Entertainment, shared the “five Es” of building a fan base during his AGS Conclave keynote.
The Royal Oak Perpetual Calendar "John Mayer" was celebrated at a star-studded party in LA last week.
For over 30 years, JA has advocated for the industry, fought against harmful legislation and backed measures that help jewelry businesses.
The announcement came as the company reported a 23 percent drop in production in Q1.
A double-digit drop in the number of in-store crimes was offset by a jump in off-premises attacks, JSA’s 2023 crime report shows.
Inspired by the Roman goddess of love, the designer looked to the sea for her new collection.
The luxury titan posted declining sales, weighed down by Gucci’s poor performance.
The selected nine organizations have outlined their plans for the funds.
The mining company’s Diavik Diamond Mine lost four employees in a plane crash in January.
The crown introduced a dozen timepieces in Geneva, including a heavy metal version of its deep-sea divers’ watch.
Emmanuel Raheb recommends digging into demographic data, customizing your store’s communications, and retargeting ahead of May 12.
Located in the town of Queensbury, it features a dedicated bridal section and a Gabriel & Co. store-in-store.
A 203-carat diamond from the alluvial mine in Angola achieved the highest price.
Ruser was known for his figural jewelry with freshwater pearls and for his celebrity clientele.
The “Rebel Heart” campaign embodies rebellion, romance, and sensuality, the brand said.
Editor-in-Chief Michelle Graff shares the standout moments from the education sessions she attended in Austin last week.
The overhaul includes a new logo and enhanced digital marketplace.
A new addition to the “Heirloom” collection, this one-of-a-kind piece features 32 custom-cut gemstones.
Last month in Dallas, David Walton pushed another jeweler, David Ettinger, who later died.
The move will allow the manufacturing company to offer a more “diverse and comprehensive” range of products.
From now through mid-May, GIA will be offering the reports at a 50 percent discount.
De Beers’ rough diamond sales were down 18 percent year-over-year in its latest round of sales.