Labor & Employment

Could this be JackThreads’ final ‘farewell?’
Online menswear retailer seems to be at the end of its rope — or in this case, thread. E-retailer JackThreads’ website is promoting its “Farewell Sale,” which is selling all merchandise, site-wide, for 70% — and all is final sale. While the company did not post any messages saying that the company is ceasing operations, the site’s “Work With Us” page has been closed.
Staples names former HP security exec to lead cyber-security
An office supplies giant is taking steps to tighten up its data security strategies. Staples named Brett Wahlin as its chief information security officer (CISO), responsible for global enterprise-wide information, product and data security. He will report to chief technology officer Faisal Masud, who leads Staples Digital Solutions, a new organization within the company that combines its traditional IT and digital organizations.

Merger talks between luxury department store companies hit a snag

Is Neiman Marcus about to be involved in a lawsuit as opposed to a merger?
NRF: Retail jobs on the increase in April

The retail industry had some good news on the job front in April.
Global Retail: Classifying workers as employees vs. independent contractors
Report: Children’s clothing retailer to reorganize

Gymboree Corp. is planning a significant reduction in its store fleet. The retailer is looking to close hundreds of stores part of a restructuring under bankruptcy court protection, The Wall Street Journal reported. The final number of stores, however, has yet to be determined.
Department store retailer names new finance chief

An executive from Avery Dennison Corp. is headed to Nordstrom. The retailer announced that Anne Bramman is joining the company as CFO effective June 2, 2017. Bramman comes to Nordstrom from Avery Dennison, where she has served as senior VP and CFO since 2015. She previously held the CFO position at Carnival Cruise Line, and was also CFO of Henri Bendel, a subsidiary of L Brands Inc.
Crate & Barrel taps former Tesco exec as CEO

Crate & Barrel has named a new chief executive some three weeks after it let its former one go. The home furnishings chain has appointed Neela Montgomery as CEO. Montgomery, most recently served as board chair of Crate & Barrel parent Otto Group, will assume the role effective August 1, 2017. She replaces Doug Diemoz, who left in April. http://www.chainstoreage.com/article/crate-barrel-ceo-out
Specialty apparel retailer exiting Canada

The retail environment in Canada is proving more challenging than some U.S. retailers had anticipated. Express said it will close all 17 of its stores in Canada, and discontinue its Canadian operations through its Canadian subsidiary, Express Fashion Apparel Canada Inc. The retailer will continue to operate 635 stores in the United States.
Retail outpaces other industries in…

Job losses are piling up in the retail industry amid ongoing store closings. The retail industry experienced 11,669 job cuts in April, the highest total among all industries, bringing the year-to-date total to 50,133, according to a report released Thursday from global outplacement consultancy Challenger, Gray & Christmas. That is up 36% from the 36,977 retail-sector job cuts announced in the first four months of 2016.

Could this be JackThreads’ final ‘farewell?’

Staples names former HP security exec to lead cyber-security

Merger talks between luxury department store companies hit a snag

NRF: Retail jobs on the increase in April

Global Retail: Classifying workers as employees vs. independent contractors

Report: Children’s clothing retailer to reorganize

Department store retailer names new finance chief

Crate & Barrel taps former Tesco exec as CEO

Specialty apparel retailer exiting Canada

Retail outpaces other industries in…