ANALYSIS: Recent changes at TIM-BR MART bode well for the group

The consolidation of its two buying shows is just the latest, and perhaps the most dramatic, change made by TIM-BR MART Group recently. It follows on the heels of a range of recent appointments and promotions, which together give an indication of the giant buying group’s determination to recalibrate under the leadership of current president Bernie Owens.

Owens took over last fall, following the departure of former president and CEO Tim Urquhart. Urquhart’s performance came under scrutiny, driving the TIM-BR MART board to bring in a third-party forensic auditor to uncover “inconsistencies,” which resulted in Urquhart’s being asked to resign…