Kmart names a new president

Alasdair James

Kmart has a new president and chief member officer in Alasdair James, who will be leaving his job as Tesco's commercial director, global business.

In his new role, James will be charged with driving the Kmart format strategy, managing the Kmart P&L and aligning merchandise, marketing, pricing and selling for Shop Your Way members.

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

James had been working for Tesco since 2007, during which time he spent two years managing the company's China operations as EVP and commercial director. His resume also includes stints with GlaxoSmithKline and PepsiCo.

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