May 14, 2001 Issue #36

Cover Story

Taking stock: paychecks get lighter for retail execs

NEW YORK — Last year was tough on American retailing, and not much better for retailing executives, many of whom saw their pay and bonuses shredded, along with their company's sales and profits, in a broad-based slowdown in consumer spending. And there was lots of pain to go around, with better than half, 23 of 41 retail executives, taking a haircut in this year's HTT Retail Executive...