99 Cents Only Stores has named former Walmart EVP Jack Sinclair as its new Chief Merchandising Officer (CMO). In this role, Sinclair will be responsible for the merchandising and marketing functions of 99 Cents Only Stores.
Sinclair served more than seven years as EVP of the U.S. Grocery Division at Walmart, which generated growth through a focus on local assortment and fresh foods, before retiring from the position in March 2015.
Prior to working at Walmart, Sinclair spent 14 years at UK-based Safeway PLC, where he served in a variety of roles, eventually managing store operations and merchandising as Group Marketing and Trading Director.
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“Jack’s significant experience in retail merchandising will be an asset to 99 Cents Only Stores as we continue to improve the execution of our core business plan that emphasizes a strong mix of seasonal, grocery, and close-out products,” said Andrew Giancamilli, Interim CEO of 99 Cents Only Stores. “His deep knowledge of the grocery and fresh food category will be particularly valuable, given the importance of these categories to our customers and for driving traffic in our stores.”
