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Labor & Employment

  • Walgreens launches retail job training program for people with disabilities

    Deerfield, Ill. -- Walgreens on Monday launched its national Retail Employees with Disabilities Initiative, an in-store training program designed to help people with disabilities gain retail and customer service skills that works closely with community organizations and vocational rehabilitation agencies to train and develop candidates.

  • SRS Real Estate names senior associate

    Dallas -- SRS Real Estate Partners announced that it has named Dafna Nadulek as a senior associate in the company’s South Florida office.

    She will focus on developing SRS Urban and tenant representation.

    For a decade prior to joining SRS, Nadulek owned and operated her own shoe and accessory boutiques in New York City.

  • New chairman named at Best Buy, results of Dunn investigation revealed

    MINNEAPOLIS — A new era is emerging at Best Buy as the company tries to come back from the fallout over disgraced former CEO Brian Dunn and re-establish itself is the dominant player in the CE space. To that end, the company's board of directors has elected Hatim Tyabji to succeed Richard Schulze as chairman of the company, effective at the conclusion of the annual meeting on June 21. Tyabji, currently chairman of the audit committee, has served as a director of Best Buy since 1998.

  • Best Buy chairman to step down in wake of CEO investigation

    Minneapolis -- Best Buy Co. announced that founder Richard Schulze would step down as chairman after an independent board investigation found that he had failed to report allegations of personal misconduct by former CEO Brian Dunn to the board's audit committee.

    Schulze will serve out the remainder of his term as director. Best Buy said its board has elected director Hatim Tyabji to succeed Schulze as chairman, effective at the conclusion of the annual meeting on June 21.

  • Kroger CEO Dillon received 66% pay increase in 2011

    Cincinnati -- A report on Friday by the Associated Press said that Kroger chief David Dillon received a 66% bump in pay in 2011, as the grocer surpassed its internal growth targets.

    Dillon was paid a package worth $8.9 million last year, up from $5.4 million in 2010. The compensation included a cash performance bonus of $2.7 million. Stock and award options rose to $5.2 million and salary was $1.3 million.
     

  • Former Best Buy chief Dunn may get $3.2 million; investigation widens

    Minneapolis -- According to a Wednesday filing by Best Buy, former CEO Brian Dunn may receive either $3.1 million or zero in termination payments following his highly publicized resignation.

    The payout is dependent on whether or not Dunn is determined to have left voluntarily on April 9.

    In the filing, Best Buy said it is reviewing Dunn’s compensation pending its investigation into his personal conduct.

  • They did their time, now forgive the crime

    See what happens when a company develops a reputation as a fair-minded employer and a leader in hiring practice. Labor rights groups want more, and to get their way they march on Target’s headquarters this week. Read more.
     

  • Stater Bros. sees Q2 sales rise

    SAN BERNARDINO, Calif. — Stater Bros. reported its second-quarter results for the period ended March 25.

    The retailer's consolidated sales for the quarter rose nearly 2.7% to $937.7 million, compared with the year-ago period, while same-store sales also rose nearly 2.7%. Second-quarter net income totaled $16.4 million, compared with $9.3 million for second quarter of the prior year.

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