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Labor & Employment

  • Eyeglass retail giant in $49 billion merger

    Luxottica Group, the leading eyeglass retailer with multiple U.S. store banners, has entered into a deal that would create a global giant in the optical industry.   Luxottica, whose brands include LensCrafters, Sunglass Hut, Oliver Peoples, and Pearle Vision, will merge with lens-maker Essilor International of France in a deal valued at $49 billion. The merger brings together the industry’s largest manufacturer with its leading retailer.    
  • Conn’s makes three new executive appointments

    Consumer electronics and furniture retailer Conn’s has named a COO, along with heads for logistics and service. The retailer named Coleman R. (“CR”) Gaines as president and COO, effective February 1, 2017. Gaines previously spent seven years at TMX Finance in Savannah, Georgia, a consumer retail finance company, where he was most recently the company’s executive VP of store operations.
  • Conn’s makes three new executive appointments

    Consumer electronics and furniture retailer Conn’s has named a COO, along with heads for logistics and service.   The retailer named Coleman R. (“CR”) Gaines as president and COO, effective February 1, 2017.   Gaines previously spent seven years at TMX Finance in Savannah, Georgia, a consumer retail finance company, where he was most recently the company’s executive VP of store operations.     
  • Convenience store chain on the move in Florida

    Wawa has big plans for the Sunshine State.    The privately-owned, Pennsylvania-based convenience store chain plans to open 25 to 30 stores every year throughout Florida during the next several years.   In 2017, Wawa will start its push into the southeast part of the state, with a first wave of stores opening in Palm Beach and Broward Counties.  
  • Nordstrom to close Santa Ana mall store

    After nearly 30 years of doing business in the MainPlace Mall in Santa Ana, California, Nordstrom has announced it will be shuttering the location.  
  • Home improvement giant to cut some jobs in new store staffing model

    Lowe’s Cos. is shifting to a new staffing model for its stores that will result in the loss of some jobs nationwide.   The new model will be rolled out across Lowe’s stores and is designed to free up resources to boost customer service, CNBC reported.     
  • Amazon poaches Target exec for Prime expansion

    One of Target’s rising stars is joining Amazon to drive Prime membership in international markets.   Jamil Ghani, Target’s former senior VP of strategy and innovation, will champion the growth of the retail giant’s Prime presence overseas. He will report to Greg Greeley, VP of Amazon Prime, and be based out of the company’s Seattle headquarters, according to ReCode.  
  • Amazon promises to put 100,000 Americans to work by mid-2018

    Move over Alibaba — Amazon has a new jobs plan too, one with more details and a more immediate window of opportunity.   
  • Report: Wal-Mart CIO to leave

    Wal-Mart Stores is reportedly losing its top technology executive.    Karenann Terrell will step down as CIO of Wal-Mart on February 24, the Wall Street Journal reported. Terrell has served in the position for nearly five years.     The retailer, which did not say where Terrell is headed, expects to announce new leadership in technology “shortly,” according to the report.      
  • Report: Walmart to cut hundreds of jobs

    Wal-Mart Stores is reportedly planning a major round of job layoffs by the end of this month.   The retailer will eliminate positions at its headquarters and among regional personnel that support stores, the Wall Street Journal reported.  
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