Labor & Employment

Houston - Stage Stores said Thursday it has made Michael Glazer’s role as interim president and CEO a permanent one.

Glazer, a board member for the chain, was named interim chief following Andy Hall’s resignation in March.

According to Stage chairman William Montgoris, Glazer’s familiarity with the company’s growth and expansion strategy helped him secure the permanent role. “It became clear the company and its shareholders would be best served by making his appointment permanent," Montgoris said.

New York -- A report released Thursday by Bloomberg showed that household confidence improved last week to match the highest level in four years. 

The Bloomberg Consumer Comfort Index was minus 31.4 in the period ended April 15, compared with minus 32.8 over the previous seven days. The reading equaled that from two weeks earlier as the best since March 2008.

Despite the strong showing, the monthly expectations measure fell from a one-year high, showing ongoing concerns that too many Americans are still unemployed.

NEW YORK — A report released by Bloomberg showed that household confidence improved last week to match the highest level in four years. 

The Bloomberg Consumer Comfort Index was minus 31.4 in the period ended April 15, compared with minus 32.8 over the previous seven days. The reading equaled that from two weeks earlier as the best since March 2008.

Despite the strong showing, the monthly expectations measure fell from a one-year high, showing ongoing concerns that too many Americans are still unemployed.

Encino, Calif. -- Marcus & Millichap Real Estate Investment Services announced a number of appointments within its National Retail Group offices around the country.

Joel M. Dumes has been named director of the firm’s National Retail Group in Cincinnati; Dumes is currently VP investments for the company.

Scott J. Wiles, a seven-year veteran of the company, was named director of the firm’s National Retail Group in Cleveland, and Erin E. Patton is now director of the National Retail Group in Columbus, Ohio.

Minneapolis -- In a video released by Best Buy and reported by Bloomberg, Best Buy Co. interim CEO Mike Mikan told employees on Thursday that his No. 1 priority in his new role is to execute the changes the company announced last month and plan a new direction for the retailer.

“In the days and weeks ahead, I’ll be working with our leadership team on a long-term vision, a path toward the future that will connect Best Buy with customers across multiple channels while improving performance,” Mikan said.
 

Whether employees at Target’s headquarters are able to hold meetings, work out, shoot baskets or have a cookout in a new downtown Minneapolis space is up for consideration on May 3 when the city’s zoning board of adjustment considers granting the retailer a variance.

Deerfield, Ill. -- Walgreens named Reuben Slone senior VP supply chain management, effective May 16. He comes to Walgreens from OfficeMax, where he served as executive VP supply chain and general manager of services

Slone takes over supply chain management responsibility from Randy Lewis, who is transitioning to a new role with the chain. Lewis will continue to help advise on the company’s programs for people with disabilities and will play a critical role in several of Walgreens key strategic initiatives.