About

About

Bio

As Senior Vice President of Store Concepts for RadioShack Corporation, Michael led the conceptualization, design, development and implementation of a new shopping experience for RadioShack consumers. The first experiential store opened in July 2013 in Manhattan. 125 stores in this format opened over the next year and all delivered high revenue and great customer feedback. In 2014, Michael’s role expanded to SVP of Store Operations. This expanded role included all of the Store Concept responsibilities plus Store Operations, Loss Prevention, Real Estate, Construction, Facilities and Indirect Procurement for the more than 4000 RadioShack stores in the US. For six years prior to joining RadioShack, Michael led the transformation of stores for Duane Reade and Walgreen's as both retailers moved to become health and daily living destinations, including all the Walgreen's flagship and well experienced stores. Collectively, he brings with him over 38 years of Retail experience in Operations, Loss Prevention, Merchandising, Conceptualization, Design, Real Estate and Construction.
Printable Resume

Expertise

  • Inventory Control
  • Visual Merchandising
  • Retail
  • Inventory Management
  • Income Statement
  • Profits
  • Accountability
  • Planograms
  • Store Operations
  • Customer Service

PROGRAMMING SKILLS

Adobe Photoshop
80%
Adobe Illustrator
50%
HTML and CSS
60%
WordPress
90%

DESIGNING SKILLS

Experiences

Managing Partner

LogicSource, Inc.

2015
-
2015

Established an internal model for Indirect Retail Procurement.

Senior Vice President

Radioshack

2013
-
2015

Senior Vice President, Store Operations

  • Reported directly to CEO.
  • Managed P&L. Directed operating expenses for 4,000 corporate stores, 23,000+ associates, real estate and facilities, indirect procurement.
  • Directed planning, forecasting, budgeting, revenue generation and expense control.
  • Reduced indirect procurement expenses $30M+ in fiscal year.
  • Reduced $100M+ in Selling, General and Administrative Expenses since June 2014.
  • Restructured field operations. Reduced costs by $10M+. Analyzed labor requirements to improve process efficiency.
  • Initiated outsourcing of both indirect procurement and real estate. Reduced costs by 50% in these reporting departments.

 

Senior Vice President, Store Concepts

  • Reported directly to CEO.
  • Directed overall transformation of retail store experience and design. Launched first store transformation with new concept store in Manhattan, July 2013.
  • Created rebranding initiatives including new logo design to reestablish brand identity.
  • Created, developed and executed new concept stores, approximately 140 to date.
  • Achieved 15%+ performance in revenue. Up to 60% higher than base chain.
  • Directed indirect procurement, construction and facilities, visual merchandising, store implementation and store architecture.

Divisional Vice President, Store Design

Walgreens

2011
-
2013

Reported directly to President, Daily Living.

Directed transformation of stores into health and daily living destinations.

Created, developed, and executed 12 flagship locations throughout the nation.

Introduced flagship store design to enhance shopping experience for individual communities.

Designed, developed, and executed “up market” concept. Focused on introducing food products into stores.

Achieved retail design awards for both State and Randolph and Bucktown stores in Chicago.

Analyzed site locations for future stores. Collaborated with real estate and market research.

Senior Director. Store Concepts

Duane Reade

2008
-
2011

Reported directly to President.

Spearheaded strategic planning to increase value of company for acquisition by Walgreens.

Initiated newly designed store layouts with innovative branding, concept design and developing flagship stores as well as base store formats.

Directed transformation of stores into health and daily living concepts. Increased revenue for these stores by 15%+.

Created, developed and executed Look Boutique format, a full high-end beauty department.

Created and developed nail and hair salon programs in flagship stores.

Initiated full fresh food rollout including juice bar, sushi bar, frozen yogurt, salad bar, barista bar and pastry program.

Directed budgets and forecasting requirements for new and renovated stores up to $5M per project. Fulfilled budget and time requirements.

Wall Street Store flagship store achieved 1st place for convenience store/pharmacy category at the Retail Design Institute 41st international annual program, 2012

Regional Operations Director

Duane Reade

1999
-
2008

Directed operations for 10 districts, 150 stores. Reported to EVP of Operations.

Managed all court-ordered matters with respect to store operations.

Created the company model store.

Executed company service program.

Managed rollout of computer-assisted ordering.

Regional Manager

Shoprite Stores

1998
-
1999

Managed regional supermarket chain. Reported directly to owner.

Achieved exceptionally high revenue profit centers.

Multiple Positions

Pathmark Stores

1977
-
1997

Regional Director – 17 Stores, 1996 – 1997

  • Directed Shrink and Inventory Control for 175 stores.
  • Supervised 17 retail outlet with annual revenue of $50+M.
  • Developed all programs and processes associated with shrink and inventory levels.

Store Manager, 1986 – 1996

  • Managed most profitable store of 175 stores, 1994 – 1996.
  • Achieved lowest payroll percentage, lowest shrink percentage and best sanitation cleanliness rating in chain of stores.

Other Work Experience, 1977 – 1986

CONTACT

Contact Info

  • Fort Worth, Texas
  • kearny94@verizon.net