Skip to main content

Labor & Employment

  • Gap North America president departs

    San Francisco -- Gap announced Tuesday that Marka Hansen president of Gap North America, has resigned, effective Feb. 4.

    According to Glenn Murphy, Gap chairman and CEO, the decision to change leadership was mutual.

    “After several conversations, Marka and I agreed this was the right time for a change in the organization in order to take Gap brand to a new level,” he said.

    The apparel retailer said it has identified an internal successor to Hansen, who will be announced in the next day.

  • P&G's Steele to retire, business units to be consolidated

    CINCINNATI — Procter & Gamble announced that Robert Steele, vice chairman of global health and well-being, will retire effective Sept. 1.

    Steele oversees oral care, feminine care, personal health care, pet care and snacks for P&G.

    Between now and September, Steele will serve as vice chairman of healthcare strategy, reporting to P&G chairman, president and CEO Robert McDonald.

  • Report: Restaurant industry sales trend positive in 2011

    Washington, D.C. -- A report released Tuesday by the National Restaurant Association said that restaurant industry sales are expected to reach a record $604 billion and post positive growth in 2011 after a three-year period of negative real sales growth.

    The Association’s 2011  Restaurant Industry Forecast projects an industry sales increase of 3.6% over 2010 sales, which equals 1.1% in real (inflation-adjusted) terms.

  • Hot Topic divisional chief resigns

    City of Industry, Calif. -- Hot Topic said Monday that Chris Daniel, president of the company’s plus-size Torrid division, has resigned effective April 29.

    The company has named Betsy McLaughlin as interim head of Torrid upon Daniel’s departure, and said it will conduct an outside search for a permanent replacement.

  • Report: New Yorkers spending more at Walmart

    New York City -- New York City residents spent nearly $200 million at about a dozen Walmart stores in the New York metropolitan area in 2010, up about 20% from the amount reported in a previous 12-month period, the company said Monday, according to Crain’s New York.

    Although Wal-Mart does have any stores in New York City proper, the chain is determined to break into the market and is working to overcome opposition from labor, community and small business groups.

  • Borders stalls bill-paying to remain liquid

    Ann Arbor, Mich. -- Borders Group Inc. said Sunday that payment of some bills due at the end of January is being delayed to help the book seller "maintain liquidity" while trying to complete a restructuring of its debt.

    Last week, the company received a commitment for $550 million in financing from General Electric Capital, subject to conditions that include securing $175 million from other lenders and continuing to close stores.

  • Report: Online labor demand jumps 438,000 in January

    New York City - A report released Monday by The Conference Board said that labor demand rose sharply in January after being relatively flat during the last half of 2010. 

    According to The Conference Board Help Wanted OnLine Data Series, online advertised vacancies rose 438,000 in January to 4,273,000.  With the January increase, labor demand has risen 1.44 million since the series low point in April 2009. This increase now offsets approximately 80% of the 1.76 million drop in ad volume during the two-year downturn period from April 2007 through April 2009. 

  • Nielsen to retire from Jewel-Osco

    ITASCA, Ill. -- Jewel-Osco, a Supervalu-owned company, announced that Keith Nielsen, Jewel-Osco president, has informed the company of his retirement effective at the end of the fiscal year (Feb. 28).

    Nielsen’s successor will be Brian Huff, SVP specialty retail for Supervalu. Huff will transition into the position beginning Feb. 7. All operations and business strategies will continue as normal.

X
This ad will auto-close in 10 seconds