retail news in context, analysis with attitude

• Minnesota-based retailer Coborn's said yesterday that it has hired Jim Shaw, most recently CFO and internal audit director at Minneapolis-based Donaldson Co., to be its new CFO. He replaces Tom Velin, who resigned several months ago.

• The Puget Sound Business Journal reports on the decision by Seattle-based Metropolitan Markets CEO Terry Halvorsen to step down as co-CEO of the company, while retaining the role of chairman.

The story notes that his fellow co-CEO, Todd Korman, now will be the sole CEO of the company.
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