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Labor & Employment

  • Weis Markets generates comps growth despite cautious consumer spending

    SUNBURY, Pa. — Weis Markets reported its third quarter sales increased 6% to $678.6 million and that its comparable-store sales increased 6.5% during the thirteen-week period ending Sept. 24 compared with the same period a year ago.

    During the period, the company's net income increased 4.1% to $17 million compared with the same period a year ago.  The company's third quarter earnings per share increased to 63 cents compared with 61 cents per share in 2010.

  • Zale names CFO

    Dallas -- Zale Corp. said Wednesday that it has named Thomas A. Haubenstricker as senior VP and CFO, effective Oct. 17.

    Haubenstricker joins Zale from Turnberry Advisors where he served as a managing director.

  • NEW elects five new board members

    CHICAGO — The Network of Executive Women has elected five new members at large to its board of directors.

    New board members are Mike Byron, president of supplier diversity for Supervalu; Sarah Chartrand, SVP diversity, talent management and organizational development for Ahold USA; Marnette Perry, SVP Kroger; Suzanne Sears, VP global market development at Kimberly-Clark; and Karen Stuckey, SVP merchandising and general merchandise manager of the home division for Walmart Stores.

  • Jo-Ann increases holiday hiring

    Hudson, Ohio -- Jo-Ann Fabric and Craft Stores said Monday it will increase its work force by more than 15% for the holiday season.

    Tom Williams, senior VP human resources for Jo-Ann, announced the company has begun the seasonal recruiting process and will hire more than 3,000 additional employees before the holidays.

    The company attributes the seasonal hiring to anticipation of increased traffic in stores through the holiday season.
     

  • Conference Board Employment Index declines in September

    New York City -- The Conference Board Employment Trends Index, released Tuesday, showed a decrease in September to 100.95, down from the revised figure of 101.37 in August. The September figure is up 4.4% from the same month a year ago.

  • Walgreens names exec additions to pharmacy, health and wellness division

    Deerfield, Ill. -- Walgreen Co. said Tuesday it has added two executives to its pharmacy, health and wellness division.

    Dr. Jeffrey Kang will join the company on Oct. 31 as senior VP health and wellness services and solutions.

    In addition, Mike Ellis has joined Walgreens as VP specialty pharmacy and infusion.

    Most recently, Kang was chief medical officer at CIGNA. Ellis has served as senior VP specialty trade relations and contracting and pharmaceutical services for CVS Caremark.

  • American Apparel executive resigns

    New York City -- Former American Apparel CFO Adrian Kowalewski resigned as executive VP corporate strategy, according to a regulatory filing with the Securities & Exchange Commission this morning, Women’s Wear Daily reported.

    Kowalewski entered into a separation agreement, in which he will receive an unpaid base salary through the Oct. 7 separation date, any unreimbursed expenses and vesting of the 1,066,666 unvested shares of restricted stock previously awarded to him, the report said.
     

  • California Gov. Brown vetoes big-box legislation

    New York City -- Gov. Jerry Brown of California vetoed a bill that would have required comprehensive economic-impact reports before big-box superstores could begin construction.

    The bill, the Small and Neighborhood Business Protection Act, would have required supercenters to address more than a dozen possible economic side-effects, including job losses if competitors faltered.

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