Ronald Boire

Last updated
Ronald Boire
Born (1961-04-05) April 5, 1961 (age 63)
NationalityAmerican
Alma mater Columbia University
London Business School
Occupation(s)Former CEO of Barnes & Noble, Brookstone, and Sears Canada

Ronald "Ron" D. Boire is an American businessman. He has served as an executive for several companies, including Sony Electronics, Best Buy and CEO roles with Barnes & Noble, Brookstone, Sears Canada.

Contents

Early life and career

Ron Boire grew up on a farm in upstate New York, where he helped out on the family property for $2/hour. Money was tight and hardcover books were a rare luxury. [1]

Boire got his start in sales at Sony Electronics, where he worked for seventeen years, during which time he was president of the Personal Mobile Products Company, president of the Consumer Sales Company, and a member of the Sony Electronics Executive Committee. [2] Boire obtained MBAs from Columbia University and the London Business School in 2003. After graduation, Boire worked at Best Buy until 2006, serving on the Best Buy executive committee and as executive vice president, global general merchandise manager. Boire then joined Toys R Us. While at Toys "R" Us, Boire held positions as president, "R" Us Brands, president, Toys "R" Us, North America, Toys "R" Us .com and Toys "R" Us Canada. [3] The team at Toys R Us was credited with executing a transformative turnaround while Boire was president. [4] Boire was also an instrumental figure in a testing program that detected lead paint in toys imported from China, helping to preserve trust in toys licensed by brands such as Disney to third party manufacturers. [5]

In October 2009, Boire joined Brookstone as president and CEO. [6] [7] He became president, Sears and Kmart formats and chief merchandising officer for Sears and Kmart in 2012. [8]

He was the president and CEO of Sears Canada from October 2014 to August 2015 [9] and director at Retail Council of Canada. Boire became CEO of Barnes & Noble in September 2015.

Personal life and interests

Boire married Faith Ferguson, a meeting and events planner based in Warwick, New York in 2010. [10] The couple are co-founders of the Ferguson-Noonan Foundation, a 501(c)(3) corporation providing educational support to young people. [11]

In 2014, the couple purchased the Stagecoach Inn, a historic property dating from 1747 and spent a year lovingly restoring it. [12] The Inn was named the best Old-World Style Inn in Hudson Valley Magazine in 2017 [13] and received the Goshen Chamber of Commerce award as the 2017 Business of the Year. [14] It has also repeatedly won "Diners Choice" recognition from OpenTable [15]

Related Research Articles

<span class="mw-page-title-main">Borders Group</span> American book retailer, 1971 to 2011

Borders Group, Inc. was an American multinational book and music retailer based in Ann Arbor, Michigan, United States. In its final year, the company employed about 19,500 people throughout the U.S., primarily in its Borders and Waldenbooks stores.

<span class="mw-page-title-main">Barnes & Noble</span> American bookseller and retailer

Barnes & Noble Booksellers is an American bookseller with the largest number of retail outlets in the United States. The company operates approximately 600 retail stores across all 50 U.S. states.

<span class="mw-page-title-main">Kmart</span> American retailing company

Kmart, formerly legally registered as Kmart Corporation, now operated by Transformco, is a department store chain, and an online retailer in the United States and operates six remaining Kmart big-box department stores — 3 in the US Virgin Islands and one each in Kendale Lakes, Florida ; Bridgehampton, New York; and Tamuning, Guam.

<span class="mw-page-title-main">Zellers</span> Canadian retail company

Zellers was a Canadian discount store chain founded by Walter P. Zeller in 1931. It was acquired by the Hudson's Bay Company (HBC) in 1978, and after a series of acquisitions and expansions, peaked with 350 locations in 1999. However, fierce competition and an inability to adapt during the retail apocalypse resulted in Zellers losing significant ground in the 2000s.

<span class="mw-page-title-main">Sears</span> Department store chain in the United States

Sears, Roebuck and Co., commonly known as Sears, is an American chain of department stores founded in 1892 by Richard Warren Sears and Alvah Curtis Roebuck and reincorporated in 1906 by Richard Sears and Julius Rosenwald, with what began as a mail ordering catalog company migrating to opening retail locations in 1925, the first in Chicago. In 2005, the company was bought by the management of the American big box discount chain Kmart, which upon completion of the merger, formed Sears Holdings. Through the 1980s, Sears was the largest retailer in the United States. In 2018, it was the 31st-largest. After several years of declining sales, Sears's parent company filed for Chapter 11 bankruptcy on October 15, 2018. It announced on January 16, 2019, that it had won its bankruptcy auction, and that a reduced number of 425 stores would remain open, including 223 Sears stores.

<span class="mw-page-title-main">Sears Canada</span> Canadian department store chain

Sears Canada Inc. was a publicly-traded Canadian company affiliated with the American-based Sears department store chain. In operation from 1952 until January 14, 2018, and headquartered in Toronto, Ontario, the company began as Simpsons-Sears—a joint venture between the Canadian Simpsons department store chain and the American Sears chain—which operated a national mail order business and co-branded Simpsons-Sears stores modelled after those of Sears in the U.S. After the Hudson's Bay Company purchased Simpsons in 1978, the joint venture was dismantled and Hudson's Bay sold its shares in the joint venture to Sears; with Sears now fully owning the company, it was renamed Sears Canada Inc. in 1984. In 1999, Sears Canada acquired the remaining assets and locations of the historic Canadian chain Eaton's. From 2014, Sears Holdings owned a 10% share in the company. ESL Investments was the largest shareholder of Sears Canada.

<span class="mw-page-title-main">Hypermarket</span> Big-box store combining a supermarket and a department store

A hypermarket or superstore is a big-box store combining a supermarket and a department store. The result is an expansive retail facility carrying a wide range of products under one roof, including full grocery lines and general merchandise. In theory, hypermarkets allow customers to satisfy all their routine shopping needs in one trip. The term hypermarket was coined in 1968 by French trade expert Jacques Pictet.

A discount store or discounter offers a retail format in which products are sold at prices that are in principle lower than an actual or supposed "full retail price". Discounters rely on bulk purchasing and efficient distribution to keep down costs.

EB Games was an American computer and video games retailer. First established as an American company in 1977 by James Kim with a single electronics-focused location in the King of Prussia mall near Philadelphia, the company later grew into an international corporation. EB Games's parent company, GameStop, has its headquarters in Grapevine, Texas, a suburb of Dallas. When Electronics Boutique was an independent company, its headquarters was in West Goshen Township, Pennsylvania, near West Chester.

Apex Digital, Inc. is an American electronics manufacturer based in Walnut, California founded in 1997. It manufactures and distributes high definition and LCD panel televisions, DVD recorders and players, and other digital items including photo frames and bookshelf audio systems. It also has an office in Ontario, California.

<span class="mw-page-title-main">Big-box store</span> Physically large retail establishment

A big-box store, a hyperstore, a supercenter, a superstore, or a megastore is a physically large retail establishment, usually part of a chain of stores. The term sometimes also refers, by extension, to the company that operates the store. The term "big-box" references the typical appearance of buildings occupied by such stores.

George Heller is a Canadian businessperson. He was the president and CEO of Hudson's Bay Company from 1999 to 2006, when the company was acquired by Jerry Zucker. He continued to serve as Senior Director of the Board until late 2008.

<span class="mw-page-title-main">Ashley Furniture Industries</span> American retailer

Ashley Furniture Industries, Inc. is an American home furnishings manufacturer and retailer, headquartered in Arcadia, Wisconsin. The company is owned by father and son team Ron and Todd Wanek. Ashley Furniture manufactures and distributes home furniture products throughout the world.

FuncoLand was an American video game retailer based in Eden Prairie, Minnesota, that specialized in selling new and used video game software. It is considered the first major video game retailer to allow consumers to sell and trade used video games. The chain's parent company Funco Inc. was established in the home of David R. Pomije in 1988, initially as a leaser of video games to video stores, and then as a mail-order business specializing in used video games. Upon the success of this venture, Pomije moved Funco to a Minneapolis warehouse, and began opening FuncoLand retail outlets nationwide.

James Adamson is an American business man who was CEO of Burger King (1993–1995), CEO and chairman of Denny's and its parent company Advantica (1993–2002), and Kmart (2002–2003).

Sears Holdings Corporation was an American holding company headquartered in Hoffman Estates, Illinois. It was the parent company of the chain stores Kmart and Sears and was founded after the former purchased the latter in 2005. It was the 20th-largest retailing company in the United States in 2015. It filed for Chapter 11 bankruptcy on October 15, 2018, and sold its assets to ESL Investments in 2019. The new owner moved Sears assets to its newly formed subsidiary Transformco and after that, Sears Holdings Corporation was closed.

<span class="mw-page-title-main">Champlain Centre</span> Shopping mall in New York, U.S.

Champlain Centre North is a shopping mall in Plattsburgh, New York. Opened in 1987, the mall features tenants open & closed, like JCPenney, Target, Dick's Sporting Goods, DSW, Hobby Lobby, Kohl's, Ollie's Bargain Outlet, Ross Stores, Old Navy, Five Below, Ames, Toys R Us, Kmart, Sears, Gander Mountain, and a Regal Entertainment Group-owned movie theater.

References

  1. Alter, Alexandra (4 December 2015). "Barnes & Noble Wants to Become More Than Books". The New York Times.
  2. "Brookstone Appoints Ron Boire President and CEO". 15 October 2009.
  3. "TOYS "R" US NAMES RONALD D. BOIRE PRESIDENT OF U.S. TOY BUSINESS - Press Releases - Toys"R"Us Corporate". Archived from the original on 2010-11-29. Retrieved 2016-07-24.
  4. "Toys 'R' Us stages a comeback - Nov. 26, 2007".
  5. Story, Louise (10 September 2007). "Disney to test toys based on its characters". The New York Times.
  6. Reuters
  7. "Brookstone Appoints Ron Boire President and CEO". 15 October 2009.
  8. "Sears names ex-Brookstone CEO merchandising chief | Reuters". reuters.com. 3 January 2012. Retrieved 2016-07-24.
  9. Shaw, Hollie (15 October 2014). "Sears Canada names U.S. merchandising executive Ronald Boire as acting CEO | Financial Post". Financial Post. business.financialpost.com. Retrieved 2016-07-24.
  10. "Faith Ferguson, Ronald Boire". The New York Times. 4 September 2010.
  11. "FERGUSON NOONAN FOUNDATION · 7 Blanchard Drive, Warwick, NEW YORK 10990".
  12. "History of the Stagecoach Inn Venue and Restaurant".
  13. "Best of Hudson Valley: Fun & Leisure". 13 September 2017.
  14. "Award Winning Hudson Valley Inn".
  15. "Stagecoach Inn - Goshen, NY on OpenTable".