NEW YORK — Mercantile Stores Co. has rotated three top executives into new posts.

Michael G. Shannon was named president of the Montgomery, Ala.-based Gayfers/JB White division. Shannon had been vice president of administration since 1992.

James D. Cain, vice president of merchandising since 1992, succeeds Shannon. Paul E. McLynch, who had been president of Gayfers since 1993, succeeds Cain.

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