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Corporate Responsibility

  • Jones Group to close under-performing stores

    NEW YORK — The Jones Group Inc. plans to close 170 under-performing stores in the U.S. by mid-2014 as part of its efforts to shore up profitability.

    The stores identified for closure include 50 units previously announced in the fourth quarter.

    Jones, which owns the Nine West, Jones New York and Anne Klein banners among others, will emerge from the restructuring with a higher percentage of outlet stores in its portfolio, and some units will be converted to more viable sister banners.

  • Clif Bar prez promoted to CEO

    EMERYVILLE, Calif. — Clif Bar & Company has promoted president and COO Kevin Cleary to CEO. In his new role, Cleary will focus on expanding Clif Bar’s growth in the sports nutrition and healthy snacks category while continuing to lead the company’s day-to-day business operations. 

    Owners Gary Erickson and Kit Crawford will continue as co-chairs of Clif Bar & Company’s board of directors and become co-chief visionary officers guiding the company’s Five Aspirations business model.

  • Former Walmart exec confirmed Obama’s budget chief

    The Senate has voted unanimously to confirm former Walmart Foundation President Sylvia Mathews Burwell as White House budget director, according to a Reuters report.

    The report went on to state that the 96-0 vote marks the first time the White House has had a fully confirmed budget director since January 2012, when Jack Lew, now Treasury Secretary, left the position to become Obama's chief of staff.

  • OfficeMax honored for disability hiring program

    Naperville, Ill. -- OfficeMax has been awarded the National Employment Team 2013 “Private Sector Business of the Year” by the Council of State Administrators of Vocational Rehabilitation (CSAVR) for its commitment to employing people with disabilities, including veterans.

    OfficeMax is one of two organizations — and the only private sector company — to receive this year's CSAVR distinction.

  • J.C. Penney names VP human resources

    Plano, Texas -- J. C. Penney Company announced the promotion of Brynn Evanson to EVP human resources, leading all HR functions across stores, supply chain and the home office, including team member relations, recruiting, learning and development, compensation and benefits, and talent operations. Evanson will join the company`s executive board, reporting to CEO Myron E. (Mike) Ullman, III.

    Evanson, 44, joined J.C. Penney in 2009 and most recently served as VP compensation, benefits and talent operations.
     

  • Kohl’s details sustainability progress

    Menomonee Falls, Wis. -- Kohl’s Department Stores released its 2012 corporate social responsibility report, providing updates on the company’s programs and accomplishments in sustainability, community relations and social compliance. The company noted that, as of the end of fiscal 2012, it has achieved 752 Energy Star-certified locations, adding 75 stores in 2012 with a goal to reach 800 certified locations by 2015.

    In other sustainability highlights, at the end of fiscal 2012:

  • Report: Wal-Mart CEO compensation rose 14% to $20.7 million in 2012

    New York -- Wal-Mart Stores CEO Mike Duke received pay package in 2012 worth $20.7 million, up 14% from the previous year, according to an Associated Press analysis of a regulatory filing Monday. Duke's performance-based cash bonus jumped more than 50%.

    In the regulatory filing, Wal-Mart said that starting this year, it will tie some of Duke's compensation, along with that of other top executives, to the company's success in strengthening its compliance controls. Traditionally, compensation has been based on financial measures.

  • JCP promotes Brynn Evanson to EVP, HR

    PLANO, Texas — J. C. Penney has promoted Brynn Evanson to EVP of human resources. Evanson will lead all HR functions across stores, supply chain and the home office, including team member relations, recruiting, learning and development, compensation and benefits and talent operations. She will also join the company's executive board, reporting to CEO Myron E. Ullman.

  • Walmart exceeds $1 billion in philanthropic giving

    Bentonville, Ark. -- For the first time in the retailer’s history, Wal-Mart Stores Inc. said that, through Walmart and the Walmart Foundation, it has given more than $1 billion in cash and in-kind contributions.

    The Monday announcement makes Walmart the first U.S. retailer to achieve the $1 billion in giving mark, up from $872.7 million last year. The growth in global giving was largely due to increased in-kind donations in the U.S. to local food banks and families impacted by disasters.

  • Cabela’s puts succession plan in motion

    Sidney, Neb. -- Cabela's Inc. said Monday that its co-founder and chairman Richard N. Cabela has transitioned to the role of chairman emeritus, effective June 5, as part of the company’s succession plan.

    Dick’s brother, James W. Cabela, co-founder and currently vice chairman, will become chairman following the June 5 annual meeting of shareholders.

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