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Labor & Employment

  • Gordmans names former Charming Charlie, Macy’s exec as COO

    Omaha, Neb. -- Apparel and home fashions retailer Gordmans Stores said Wednesday it has named Michael Wirkkala as executive VP operations and COO.

    Wirkkala was previously VP of store operations for Charming Charlie. He also worked for Macy’s for three decades.
     

  • Report: Announced U.S. job cuts rose 13% from year ago

    Chicago -- A Wednesday report by Challenger, Gray & Christmas said that job cuts announced by U.S. employers increased in October from the same month last year.

    According to the report, planned firings rose 13% to 42,759, from 37,986 in October 2010, boosted by job cuts by government agencies and financial companies.

  • Zale appoints new real estate head

    Dallas -- Zale Corp. said Monday it has appointed Subha Ramesh as senior VP real estate, effective immediately.

    Ramesh, who will report to chief administrative officer Matt Appel, was previously senior VP of Hilco Real Estate. Prior to that, she spent eight years at Limited Brands as senior VP real estate and as VP real estate for Intimate Brands.

  • RCS to facilitate closing of Priscilla of Boston stores

    New York City -- RCS Real Estate Advisors said Tuesday it has been retained by bridal retailer Priscilla of Boston to facilitate the closing of its business.

    According to Ivan L. Friedman, president and CEO of RCS, the company will facilitate the closing of all 20 Priscilla of Boston locations, effective Dec. 31, by negotiating cost-effective lease terminations or locating replacement tenants.

    Priscilla of Boston announced its closing in early September.
     

  • Toys"R"Us gains majority stake in Asian operations

    WAYNE, N.J. — Toys“R”Us announced that it has entered into a joint venture with Li & Fung Retailing that would make Toys"R"Us Inc. the majority shareholder of Toys"R"Us operations in Southeast Asia and Greater China. With this agreement, the existing Toys“R”Us licensed operations throughout Asia, which currently consist of more than 100 stores and offices across nine markets, will become 70% majority owned and controlled by Toys“R”Us Inc. and 30% owned by Li & Fung Retailing.

  • A Buyer’s (Middle) Market

    By Chris Blees, amaaonline.com

    It has been proven in past economic downturns that companies that invest heavily in the right kinds of marketing and strategic planning are the ones that will capitalize the most on the situation and likely thrive when the market turns around.

  • Family Dollar names legal VP

    Matthews, N.C. -- Family Dollar Stores said Tuesday it has named Beth MacDonald to the position of VP – assistant general counsel and assistant secretary.

    MacDonald, previously a partner in the Charlotte office of law firm Alston & Bird, joined Family Dollar in 2010 as divisional counsel - securities and was promoted to assistant general counsel in April.
     

  • Zale names new real estate head

    DALLAS — Zale Corp. announced that Subha Ramesh has been named SVP real estate. Ramesh will report to Matt Appel, chief administrative officer.

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