Retailers Report Modest Gains For April

‘The house is probably 90 years old, and needed quite a lot of work before they could move in.’

Macy’s Inc. said Chief Operations Officer John Harper is leaving the company Aug. 1 and the position will be eliminated. With the elimination of the COO role, the retailer said Marc Mastronardi, chief stores officer, and Dennis Mullahy, chief supply chain officer, will report to Chairman and Chief Executive Jeff Gennette. New York-based Macy’s (NYSE: M), which also owns Bloomingdale’s and Bluemercury, made the announcement along with other changes to its senior leadership team.

The city treasurer and the upstart alderwoman advance to the April 6 runoff election, defeating Aldermanic President Lewis Reed, who had been backed by some of the biggest names in the St. Louis business community.

Cleveland-based Sherwin-Williams said late Monday afternoon that Sewell had resigned to lead a company outside the paint and coatings industry.

The sale also included a portion of the 35th floor at Waiea, which was previously listed as one unit for $35 million.

The sale is part of a larger strategic plan for parent company World Group to streamline services.