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Awards

  • Abercrombie & Fitch’s CEO compensation package down 38%

    New York City -- The chairman and CEO of Abercrombie & Fitch Co. received a pay package worth $22.5 million, down 38% from last year, mostly because of a reduction in option awards, according to an analysis by The Associated Press.

    Jeffries, 66, received a base salary of $1.5 million and a performance-based bonus of $2.3 million, according to a filing with the Securities and Exchange Commission.

    He received option awards worth $14.1 million on the date they were granted, down 58% from the prior year.

  • DLC names leasing exec

    Tarrytown, N.Y. -- DLC Management Corp. announced Wednesday that it has named Michael Mahan as leasing representative in the firm’s Atlanta office, where he will handle a portion of the company’s Southeastern portfolio of shopping centers.

    Mahan brings with him several years of commercial real estate experience, most recently as a leasing manager for Lamar Cos.

  • Rose Paving turns in repeat performance in Best Places to Work in Illinois

    Rose Paving Co., a leader in national parking lot management, has been selected once again as one of the "2011 Best Places to Work in Illinois."

    This workplace analysis and competition began in 2006 and is promoted by The Daily Herald Business Ledger in partnership with the Human Resources Management Association of Chicago (HRMAC), the Society for Human Resource Management (SHRM) – Illinois State Council, the Workforce Boards of Metropolitan Chicago, and managed by Best Companies Group.  

  • Verizon Wireless stores are going green

    Basking Ridge, N.J. -- Eighty-five Verizon Wireless Communications Stores across the country have been awarded the Environmental Protection Agency’s Energy Star certification, placing Verizon Wireless among the top third of retailers with certified buildings nationwide and the leading wireless retailer.

    Additionally, 41 Verizon Wireless stores have received LEED (Leadership in Energy and Environmental Design) certification from the United States Green Building Council (USGBC).

  • A middle of the pack ranking for pharmacy

    Target was in the top half of a group of 33 pharmacy retailers ranked by readers of Consumers Reports in the publication’s May issue. Target’s pharmacy received a score of 88 out of a possible 100, which put it well ahead of larger pharmacy operators such as CVS and Walgreens, both of which scored 82 and last-ranked Walmart, which scored 78.

  • Wal-Mart chief Duke's compensation fell 2.7% to $18.7 million last year

    Bentonville, Ark. -- Wal-Mart Stores reported in a filing on Monday that its CEO  Mike Duke received compensation valued at $18.7 million last year, less than a year earlier, as U.S. store sales dropped.

    Duke received incentive pay, which is tied to Wal-Mart’s financial performance, of $3.85 million in the year ended Jan. 31, down from $4.8 million a year earlier.

    His salary rose 2.4% to $1.23 million, based on U.S. Securities and Exchange Commission rules. A year earlier, Duke’s compensation totaled $19.2 million.

  • Greenpeace ranks Target 2nd as seafood savior

    Greenpeace has published its fifth annual “Carting Away the Oceans” report examining the retail industry’s seafood practices, and none of the 20 companies featured are where the environmental group thinks they should be in terms of sustainability and responsible harvesting practices.

  • Walgreens' Kim Feil inducted into In-Store Marketing Institute Hall of Fame

    CHICAGO — Walgreens' chief marketing officer Kim Feil was inducted into the In-Store Marketing Institute Hall of Fame Thursday morning in Chicago.

    Feil was a seasoned consumer packaged goods marketer when she joined Walgreens in fall 2008, and as company CEO Greg Wasson recently noted, she propelled Walgreens from being a good advertiser to a world class marketing organization.

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