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Labor & Employment

  • Gap design EVP out as company looks to revamp division

    SAN FRANCISCO -- Gap Inc. announced that Patrick Robinson, EVP Gap global design for adult and body, is leaving the company, effective immediately.

    “After spending the last three months in New York with the Creative team, I have made the decision to make a change within our Gap Adult design team,” said Pam Wallack, head of the Gap global creative center in New York.

  • Head designer out at Gap

    New York City -- Gap said its chief design director, Patrick Robinson, is leaving the company effective immediately. He had been executive VP of Gap Global Design for Adult and Body for four years.

    The company said it will conduct a search for a successor.

    Pam Wallack, head of the Gap Creative Center, made the decision to oust Robinson and will manage the design teams in the interim.

    His departure follows a series of management shuffles and organizational changes aimed at reviving sagging sales of the brand.
     

  • Wal-Mart to invest $756 million in Brazil

    New York City -- Wal-Mart Stores said that by the end of the year it will have invested the equivalent of approximately $756 million to expand its operations in Brazil.

    Marcos Samaha, president of Wal-Mart's Brazilian subsidiary, said in a Tuesday statement that 1.2 billion reals ($755 million) will be used to build 80 stores, renovate existing locations and improve logistics.

  • Walmart to open dozens of stores in South Carolina

    Columbia, S.C. -- Walmart plans to open dozens of new stores throughout South Carolina during the next five years, adding more than 4,000 jobs. Bill Simon, president and CEO of Walmart U.S., announced plans for the new stores at an event at the new South Carolina Farmers Market, in Columbia, S.C.

    The new stores will include energy-efficient technology and sustainable features to reduce energy and water consumption and minimize waste.

  • NACDS honors Mary Sammons, Tom Ryan with lifetime achievement awards

    SCOTTSDALE, Ariz. — On the final evening of the National Association of Chain Drug Stores Annual Meeting in Scottsdale, the association for the first time honored two individuals in the same year with the Sheldon W. Fantle Lifetime Achievement Award: Mary Sammons, chairman of Rite Aid, and Tom Ryan, chairman of CVS Caremark.

  • Big 5 Q1 sales lower than expected

    EL SEGUNDO, Calif. -- Big 5 Sporting Goods reported that for the fiscal 2011 first quarter, net sales were $221.1 million, compared with net sales of $218.5 million for the first quarter of fiscal 2010. Same-store sales decreased 0.9% for the first quarter of 2011 versus the comparable period in the prior year. This compares to a same-store sales increase of 2.4% in the first quarter of 2010.

  • Big Five Q1 income slides 54%

    El Segundo, Calif. -- Big 5 Sporting Goods Corp.’s first-quarter net income fell 54% and missed analysts' expectations because of increased expenses as customer traffic declined.

    The company also gave a second-quarter earnings outlook much lower than Wall Street's view.

    Big 5 reported late Tuesday that it earned $2.8 million for the period ended April 3, down from $5 million a year ago.

  • Opinion: The hidden dangers of monitoring returns

    For years, many retailers have at least informally been on the lookout for customers who abuse the return transaction process, and in some cases, declined to engage in further business with customers perceived to be engaging in abusive or even fraudulent return transactions. With the recession, and advanced technology, many retailers are either tightening their return transaction policies and/or their processes for identifying abusive return transaction patterns.

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