Spencer Spirit Holdings Promotes Isaac Silvera to President

EGG HARBOR TOWNSHIP, N.J.–(BUSINESS WIRE)–Spencer Spirit Holdings is pleased to announce the promotion of Isaac Silvera to President, adding to his role of COO and CFO. His promotion at the lifestyle retail company that operates two national brands, Spencer’s and Spirit Halloween, throughout the United States, Canada and online is effective immediately. Silvera leads the Company’s finance, supply chain, real estate, information technology and e-commerce teams, and plays a key role in driving new initiatives and strategy.


“As a seventeen-year veteran of Spencer’s and Spirit Halloween, Ike’s leadership and guidance has been instrumental to our revenue growth to over $1 billion,” said Steven Silverstein, CEO of Spencer’s and Spirit Halloween. “In the face of a global pandemic, Ike’s decisive and strategic leadership skills have played a crucial role in our ability to successfully and safely navigate what remains a highly uncertain environment. Ike’s promotion is well deserved as he has a complete and comprehensive understanding of the Spencer’s and Spirit Halloween businesses and the many opportunities that lie ahead. I am thrilled to continue working closely with Ike as we navigate the future.”

Retail, especially brick and mortar, has been tested this year. Silvera’s leadership, resolve and careful planning helped the company navigate a challenging year. In spite of the difficult environment, Spirit Halloween successfully opened and operated more than 1,400 locations this year, the most ever for the retailer. Spencer’s successfully reopened all of its stores after they were temporarily closed in March. And despite significant market disruptions, the company’s supply chain operated seamlessly helping its stores deliver the fun and engaging experiences its guests have grown to expect.

Before joining Spencer Spirit Holdings in 2003, Silvera enjoyed a career in the private equity industry where he was a partner and investor. During that time, he led investments in and served on the boards of companies in a range of industries including distribution, retail and manufacturing.

About Spencer’s

Spencer’s is the ultimate destination to find the latest edgy, outrageous, and unique accessories and apparel. For more than 70 years, Spencer’s has celebrated and embraced current trends through t-shirts, jewelry, home décor, intimates, accessories, humor and seasonal novelties. Founded in 1947 as a mail-order catalog, the company opened its first brick-and-mortar store in 1963 and has since grown to more than 670 retail locations in the United States and Canada, in addition to online. To find the latest products and styles and your nearest store, visit spencersonline.com.

About Spirit Halloween

Spirit Halloween is the largest Halloween retailer in the United States and Canada with over 1,400 seasonal locations. Celebrating 37 years in business, Spirit is the premier destination for all things Halloween, offering one-stop shopping for everything including costumes, accessories, makeup and décor. Spirit’s broad selection, engaging animatronics and fun, interactive experience caters to all ages from kids to teens and adults. To find the latest products and styles, visit spirithalloween.com.

Contacts

Erin Springer

erin.springer@spirithalloween.com
609.645.5619

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