What happens when a 20-something whiz is suddenly the boss

Article Abstract:

Federated Department Stores Inc.'s Love Goel is the chief operating officer of the company's e-commerce division. Goel, who at 28 is much younger than top managers in the company, has ambitious goals for his e-commerce unit. Goel's lack of experience with managing people has been criticized within the company, but ideas and vision are seen as necessary to the company's success in the e-commerce business.

United States, Mail Order Houses, Electronic Shopping and Mail-Order Houses, Mail-order industry, Mail order business, Macy's Inc., Goel, Love

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Problems in Carrefour's home market sank CEO

Article Abstract:

Chief Executive Officer Daniel Bernard has resigned Carrefour S.A. Under his management the global retailer expanded to approximately 10,000 department stores in 30 countries. However, the French home market problems with price cutting competitors and decreased market share led to the resignation of Daniel Bernard.

Market share, Management dynamics, Appointments, resignations and dismissals, Company Profile, Company business management, Company market share, Bernard, Daniel, Duran, Jose Luis

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Carrefour SA

Article Abstract:

Carrefour S.A. is planning to make approximately $800 million (691.8 million euros) in investments in South Korea. The company is planning to make these investments between 2004 and 2007.

South Korea, Financial management, Company investment, Investments

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