The Warehouse Group (TWG) announced the appointment of Nick Grayston as Group Chief Executive. Nick will join TWG in December 2015 from Sears Holdings in Chicago where he has held a number of senior leadership positions including President of Footwear, Home, Fine Jewellery and Apparel. While at Sears, he has gained a wealth of experience in leading change from traditional retail into omnichannel and integrated retail, building profitable businesses, driving operational turnarounds, changing business models and leading high-performance teams. Prior to Sears, Nick held senior executive positions with Foot Locker Inc. companies including President and CEO of Foot Locker, Footaction and Kid's Foot Locker in New York
and other leadership roles in Canada and Europe. Nick also previously held planning, allocation and merchandising roles at a number of leading retailers in the United Kingdom including Laura Ashley, Woolworths, Debenhams and Marks and Spencer. Mark Powell will continue in the role of Group CEO until early 2016 to ensure a seamless transition of the Group CEO role.