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Mark Sussman, President and Chief Executive Officer, PYRAMID SOLUTIONS, INC.

Mark Sussman

President and Chief Executive Officer, PYRAMID SOLUTIONS, INC.

What is a GLG Leader?|GLG Leaders are a separate tier of Council Members with a Council Rank in the top 5%. These GLG Member Program participants are eligible for ongoing, in-depth consultative relationships with GLG clients.

Member of the Retail Council

Council Member Biography

Mark Sussman is currently the President and Chief Executive Officer at Pyramid Solutions, where he has worked since October 2004. Previously, Mr. Sussman was the Senior Vice President of Merchandising at Levitz Home Furnishings, where he was responsible for the merchandising and buying activities for 130 stores under the Levitz and Seaman's brand names; Director of Product Development at KB Toys, where he was responsible for the product development initiatives, merchandising trends, and vendor relations for private label programs for more than 1,300 stores; Senior Vice President of Merchandising at Burberry; Senior Vice President of Merchandising at The Custom Shop; and Men's DMM of Merchandising at J. Crew. Mr. Sussman has more than 20 years of experience in retail starting at Lord & Taylor in the executive training program being promoted up to Senior Buyer. Mr. Sussman has also held management positions at D.Z. Trading, Shanghai, determining the feasibility of opening retail stores in Asia. (This is me - Update Profile)


Employment History

2004 - present
President and Chief Executive Officer, PYRAMID SOLUTIONS, INC.
2003 - 2004
Senior Vice President of Merchandising , LEVITZ HOME FURNISHINGS INC
1990 - 2003
Vice President of Merchandising, BURBERRYS LIMITED

GLG NewsSM Analyses by Mark Sussman(?)

Opinions and analyses expressed in GLG News are solely those of the author. See the Terms of Use for details.

Best Buy remains best bet in consumer electronic sector

February 25, 2008

Mark Sussman, President and Chief Executive Officer, PYRAMID SOLUTIONS, INC.

Best Buy cuts '08 EPS outlook, shares fall | www.retailingtoday.com

-          Best Buy’s (BBY) initiative to facilitate the customers need for their consumer electronic needs with their “end to end” solution differentiates them from their major competitors and the big box stores in the CE sector.

TJX companies poised to continue success evidenced by their announced buy back of an additional $1 billion worth of their stock

February 21, 2008

Mark Sussman, President and Chief Executive Officer, PYRAMID SOLUTIONS, INC.

TJX profit jumps 47 pct on cost controls | www.businessweek.com

TJX is projecting a growth rate of 12% for the next 3 years. Given the leadership of CEO Carol Meyrowitz and the strong emphasis she gives to the merchandising of the assortments the company should easily be able to achieve this number. There has been a marked improvement in the trading up of in season...

J.C. Penny American Living launch is impressive but timing may pose problems.

February 21, 2008

Mark Sussman, President and Chief Executive Officer, PYRAMID SOLUTIONS, INC.

JCPenney Announces Launch of American Living, Exclusive Lifestyle Brand | www.marketwatch.com

All the positives written in the article are pretty much on target. The American Living assortment across the classifications is quite impressive. The big problem is that the launch is coinciding with one of the worst economic downturns retail and the macro economy has experienced in the last 20 years....

Wal Marts top line sales divert attention away from underlying problems

February 20, 2008

Mark Sussman, President and Chief Executive Officer, PYRAMID SOLUTIONS, INC.

Wal-Mart: Fashioning a New Growth Track | www.businessweek.com

Wal – Mart (WMT) barely squeaked out January with a 0.5% comp. store increase. This result is rather dismal given their aggressive promotional activity in January. WMT stores showed a weaker gain than Sam’s club and the International Divisions, although they don’t reveal comp. store sales was up over...

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GLG Study Groups with Mark Sussman(?)

Study Group Name No. Members
Swimming Pool Construction Experts 81
Experts in the Retail Council 115

GLG Live Meetings with Mark Sussman(?)

Mark Sussman has not participated in any GLG Live Meetings.

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