Value City Department Stores announced that Jerald Politzer has joined its Filene’s Basement segment as Executive Vice President of Merchandising.
From 1997 to 1999, Mr. Politzer was Chairman and Chief Executive Officer with Salant Corporation, a $380 million men’s apparel company. From 1989 to 1996, he was Executive Vice President of Melville Corporation where he had responsibilities including the oversight of six store divisions with annual sales of $2 to $6 billion. Prior to 1989, he was President and CEO of G. Fox Stores. Mr. Politzer joins Filene’s Basement, Inc. from Secure Connections where he has been CEO.
“We are extremely pleased that Jerry has joined the Filene’s Basement team,” said Heywood Wilansky, President and CEO of Filene’s Basement. “He is a proven senior executive with a history of generating top and bottom line growth in department stores, specialty stores and the wholesale apparel business. His contacts throughout the retail community will provide a significant contribution to our merchandising initiatives.”