• Newsday, Friday, October 17, 2008 12:30 PM

Harold "Hal" Kahn, former head of Macy's East, is taking over as CEO of Steve & Barry's, the sporting goods retail chain recently purchased out of bankruptcy by investors. Kahn, who has been in the retail business since joining Macy's training program in 1970, started a retail consulting business in 2004.

Acknowledging that he faces many challenges as consumers pull back, Kahn says he will have discussions to determine pricing strategy and profit margin -- as well as branding a new image for the chain in 2009. He says he has long admired Steve & Barry's, with its mix of celebrity-endorsed fashions for less than $20.

"I was very enamored with the concept," he says. "They offer casual apparel for the family, unbelievable value in a nice setting, and they offer value every day, so you can shop when you want to shop and not when the retailer wants you to shop."

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