Cost Plus World Market expands board of directors; three retail industry leaders appointed.World Market this week announced the election of three retail industry leaders to its Board of Directors, bringing the total number of directors to seven. Cost Plus World Market is a specialty retailer of globally-sourced, casual home decor and furniture; housewares house·wares pl.n. Cooking utensils, dishes, and other small articles used in a household, especially in the kitchen. ; gourmet food and wine. -- Mervin Morris founded Mervyn's department stores This is a list of department stores. In the case of department store groups the location of the flagship store is given. This list does not include large specialist stores, which sometimes resemble department stores. in 1949 in San Lorenzo San Lorenzo, town, S Honduras, on the Gulf of Fonseca. Its satellite, Henecán is the chief Pacific port of Honduras. Henecán's modern port facilities and deepwater harbor and channel approach were constructed in the late 1970s after the old port at , Calif. Mervyn's evolved from its original store with two employees to a company with sales of nearly $5 billion, employing more than 50,000 people nationwide. Morris was chairman and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. until 1979, one year after it became a division of Dayton Hudson Corporation. Morris also served as chairman of the National Retail Merchants Association. He is now chairman of Morris Management Company. -- Joe Coulombe Joe Coulombe, born 1930 in San Diego, California, is best known for being the founder and first CEO of Trader Joe's Market. He went to San Diego High School and entered Stanford University in 1947. He graduated from Stanford with an MBA in 1954. founded Trader Joe's Trader Joe's is a privately held chain of specialty grocery stores headquartered in Monrovia, California. As of September 2007, Trader Joe's has a total of 284 stores.[1] in 1958 and ran it until 1989. Trader Joe's now has approximately 70 stores and sales of approximately $700 million. Coulombe also has served as head of Thrifty Corp. (1995), Provigo of California, (1994), and Sport Chalet Sport Chalet is a retailer of sporting equipment, apparel, shoes, and accessories in the United States. It operates approximately 40 company owned stores in Southern California, Arizona, Nevada, with new stores opening soon in Utah, with the first at Jordan Landing. , Inc. (1995). He now serves on several boards. -- Danny Gurr is CEO of Lauriat's Booksellers. Lauriat's, founded in 1872 in Boston, is widely recognized as one of the oldest booksellers in the U.S. Gurr joined Lauriat's in 1991 and was elected to the board of directors and appointed CEO in 1993. During Gurr's tenure, the company has grown from its original base of 43 stores to its current size of 153 stores in 11 states, under the names Lauriat's, Royal, Encore and Book Corner. "We want the experience and capabilities of Morris, Coulombe and Gurr as we build momentum and expand our network of stores farther eastward," said Ralph Dillon, chairman and CEO of Cost Plus World Market. "The specialty retail industry is both an exciting and challenging place to compete in the 90s. Cost Plus World Market's growth, expansion and prosperity in recent years, is built on the type of strategic leadership these directors will provide." Cost Plus was founded in 1958 and offers a fun, eclectic, affordable variety of casual home furnishings and gourmet food and beverages imported from more than 40 countries. The 50 stores in nine western states, showcase an ever-changing merchandise mix of more than 20,000 items selected from throughout the world. CONTACT: Hill and Knowlton Lynn Brinton, 415/781-2430 |
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