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Labor & Employment

  • Electrolux names chief designer

    STOCKHOLM — Stefano Marzano has been appointed chief design dfficer, a new role at Electrolux.  

  • J.C. Penney names chairman of the board

    Plano, Texas -- J.C. Penney Co. announced Tuesday that Thomas J. Engibous will become chairman of its board of directors, effective Jan. 28.

    Engibous was named to the board in 1999 and has served in presiding director and lead independent director roles since 2008. He will assume the chairman's role from Myron E. (Mike) Ullman, III, J.C. Penney’s former CEO, who will step down as executive chairman.

    Engibous is the retired chairman of Texas Instruments Inc.

  • DSW steps up store openings in 2012

    COLUMBUS, Ohio — DSW is raising its full-year earnings guidance and accelerating new store openings following strong November and December sales results.

    The company said it has raised its annual diluted earnings per share guidance to a range of $2.96 to $2.99 for fiscal 2011 from a range of $2.90 to $2.95, excluding any impact from the RVI merger and related items.  

  • New chairman named at JCPenney

    PLANO, Texas — JCPenney announced that Thomas Engibous will become chairman of its board of directors on Jan. 28.  Engibous was named to the board in 1999 and has served in presiding director and lead independent director roles since 2008.  He will assume the chairman's role from Myron Ullman, III, JCPenney's former chief executive officer, who will step down as executive chairman.

  • Former Liz Claiborne exec finds new role at Discovery Communications

    SILVER SPRING, Md. — Discovery Communications announced that has named formed Liz Claiborne executive Andrew Warren to the position of senior EVP and CFO. Warren will join Discovery on March 26, and will be based at the company's global headquarters in Silver Spring, Md. Warren succeeds Brad Singer who previously announced that he is leaving Discovery at the end of March.

  • CEO of Urban Outfitters resigns

    Philadelphia -- Urban Outfitters announced Tuesday that Glen T. Senk has resigned as CEO, effective Jan. 9. The company named chairman and co-founder Richard Hayne as his replacement.

    Senk, 55, joined the company in 1994 as president of Anthropologie. He became a director in 2004 and CEO in 2007. Senk indicated that he plans to pursue another opportunity, but that he will remain with the company for a period of time to assist management with the transition. He has also resigned from the board of directors.

  • A&P moves ahead with turnaround strategy as it closes more stores

    MONTVALE, N.J. — Grocer A&P has announced plans to shutter 14 stores in four states as it prepares to emerge from bankruptcy.

    The company has filed a motion with the U.S. Bankruptcy Court for the Southern District of New York seeking approval to close the stores. The store closures are expected to be completed in the company's fiscal first quarter, subject to court approval.

  • CEO of Follett Corp. to retire

    River Grove, Ill. -- Chuck Follett, president and CEO of Follett Corp., announced his decision to retire after 38 years of service with the company. Follett is the leading operator of college bookstores, and also a major distributor of physical and digital educational materials and services to primary, secondary and university level institutions.

    Follett’s board of directors has initiated a search for Follett's successor. Follett will remain the company's president and CEO until a successor is identified.

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