By  on March 1, 2011

For the first time in its 50-year history, Daffy’s, the privately owned off-price chain, has a non-family member at the helm who may position the company for a sale.

Caryn Lerner, formerly president and chief executive officer of Holt Renfrew in Canada and before that president of Escada USA, has become Daffy’s ceo, succeeding Marcia Wilson, who becomes chairman.

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