Kmart president and chief member officer Alasdair James has left the mass merchant, Business Insider reports.
As president and cmo, James was responsible for driving the chain's format strategy, managing P&L, and aligning merchandise, marketing, pricing and selling with the needs of Shop Your Way members. Before joining the company in July 2014, James worked at English retailer Tesco.
At press time, Kmart parent Sears Holdings did not return inquires to confirm James' departure. His LinkedIn continues to list his Kmart position, but his name and title have been removed from the “Senior Management Team” page within searsholdings.com.
The executive departure comes at a difficult time for struggling Sears, which will close 108 Kmart and 42 Sears “nonprofitable” stores this spring. The company also reported Kmart’s comparable store sales declined 5.3% in 2016.