Former Tesco Exec to Lead Kmart

Sears Holdings has appointed former Tesco executive Alasdair James as president and chief member officer of Kmart.

James will be responsible for driving the Kmart format strategy, managing the Kmart P&L and aligning merchandise, marketing, pricing and selling with the needs of Shop Your Way members.

Since 2007, James held roles of increasing responsibility with Tesco, where he most recently served as the commercial director for the company's global business unit. Prior to that, he spent two years managing Tesco's China operations as executive vice president and commercial director. In addition to his experience with Tesco, James has held roles with GlaxoSmithKline and PepsiCo.

"Alasdair will work closely with me and our business unit leaders to understand the preferences of Shop Your Way members who shop at Kmart," says Edward S. Lampert, chairman and chief executive officer, Sears Holdings. "He will be responsible for the Kmart strategy, its performance and its continued transformation as an integrated retail format."

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