Labor & Employment

Christopher & Banks’ stock trading suspended
Christopher & Banks is headed to the OTC Market Group’s Pink Market.
Pier 1 weighs store closings
Pier 1 got no relief in its fourth quarter as the chain reported weak results and suggested that it could close up to 15% of its stores if certain targets are not met. It also announced the departure of its CFO.

Westfield exec joins RCS as managing director

Ed Coury, who amassed decades of experience on both the landlord and tenant side of lease negotiations, has been named managing director of RCS Real Estate Advisors.
Fred’s to close 159 stores; hires advisory firm

Fred’s Inc. is shuttering nearly 30% of its store fleet as part of its plan to turn around its ailing business.
Mattress Firm CEO steps down

The nation’s largest mattress retailer has lost its veteran leader less than five months after the chain emerged from bankruptcy.
Expert: Heavy debt drives retail failures

Excessive debt continues to be an underappreciated factor in the demise of many retail chains.
Regulatory Wrap-Up: Weekly recap of retail-related legislative, labor developments-April 8

With support of mayor, Los Angeles city council advanced legislation mandating 18 weeks of leave which would be paid for by employers.
Retail jobs continue to slide

The U.S. jobs market rebounded in March, but not for the retail industry.
Hibbett Sports adds a new title to its C-suite search

Hibbett Sports is now on the hunt for a CFO as well as a CEO.
Navigating Uncertain Times: How retailers can outlast a bankruptcy

The retail world is undergoing enormous shifts as consumer purchasing habits change and the marketplace for goods and services is disrupted.
Target hikes minimum hourly wage — again

Target Corp. is increasing its starting pay as retailers continue to grapple with a tight labor market for hourly workers.
LinkedIn: These are the companies that people most want to work

When it comes to the 50 most desired places of employment, tech companies are the leaders of the pack and retailers are nowhere to be seen — with one big exception.

Christopher & Banks’ stock trading suspended

Pier 1 weighs store closings

Westfield exec joins RCS as managing director

Fred’s to close 159 stores; hires advisory firm

Mattress Firm CEO steps down

Expert: Heavy debt drives retail failures

Regulatory Wrap-Up: Weekly recap of retail-related legislative, labor developments-April 8

Retail jobs continue to slide

Hibbett Sports adds a new title to its C-suite search

Navigating Uncertain Times: How retailers can outlast a bankruptcy

Target hikes minimum hourly wage — again

LinkedIn: These are the companies that people most want to work