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Labor & Employment

  • 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 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.

  • Craft & Hobby Association names new leader

    ELMWOOD PARK, N.J. — The Craft & Hobby Association (CHA) board of directors has announced Andrej Suskavcevic as new president and CEO of CHA. The appointment of Suskavcevic concludes an eight-month executive search during which Tony Lee, VP meetings and expositions, served as CHA's interim leader.

  • Electrolux names chief designer

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

  • Marcus & Millichap names retail team

    New York City -- Marcus & Millichap Real Estate Investment Services said Monday it has hired Joseph C. French Jr. to serve as a senior director of its National Retail Group. French was previously with Sperry Van Ness, where he specialized in retail property sales.

    Marcus & Millichap also hired French’s team of investment specialists Thomas C. Dalzell, Schuyler Boylan and Amie Segel.
     

  • 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.  

  • 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.

  • Staples supports mentor program for home-state youth

    BOSTON — Staples is working with Mass Mentoring Partnership, an organization that provides youth mentoring opportunities, to recruit adult mentors for approximately 3,000 youth in its home state of Massachusetts. In addition, the retailer is donating $25,000 to the cause.

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