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Labor & Employment

  • 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.  
  • Grocer bullish on expansion in 2017

    Sprouts Family Market is expanding its footprint.     The Phoenix-based grocer plans to open 35 stores in 2017, with 11 of the locations opening in the second quarter of the year.     The 11 stores opening in the second quarter include three in California, two in Georgia, two in Florida locations, two in Texas locations and two in Colorado, the Phoenix Business Journal reported.  
  • Report: Walmart Canada settles dispute with Visa

    A six-month battle between Walmart Canada and Visa has come to an end.   The retailer, which threatened to ban the card processor from all of its stores nationwide due to “unacceptably high” credit-card transaction fees, has ended its feud, and will resume accepting Visa cards at its more than 400 stores starting Friday, Jan. 6.  
  • Closing time for The Limited stores

    Apparel retailer The Limited is out of the brick-and-mortar retail business.   The ailing chain, which has quietly been closing stores around the country for the past couple of weeks, announced the news with a short statement on its website on Friday, Jan. 6. The move was not unexpected. Limited has struggled amid increased competition from fast-fashion upstarts, both offline and online.   
  • Sam’s Club CEO stepping down

    The ranks of female retail CEOs is losing one of its highest-profile members.   Rosalind G. Brewer, 54, has told Walmart she plans to retire as executive VP, president and CEO of Sam’s Club, effective Feb. 1, 2017. She will be succeeded by company veteran John Furner, 42, who joined Walmart as an hourly associate in 1993, effective Feb. 1. The news was announced in a filing by the chain.  
  • Build-A-Bear CEO Goes ‘Undercover’

    Going undercover isn’t easy. But it can definitely be worth the effort. Just ask Sharon Price John, president and CEO of Build-A-Bear Workshop.   
  • Post-Election Fallout for Labor

    As a result of the labor community’s failure to produce critical outcomes it pursued for the presidency, Congress and governorships, unions will be forced to abandon much of the political and legislative agenda they had developed in hopes of a friendly Clinton administration.

  • Sears sells top brand, closing more stores

    Sears Holdings Corp. is seeking to stop its bleeding and raise more cash by closing another 104 stores and selling its iconic Craftsman tools brand.   The struggling retailer said it has reached an agreement to sell Craftsman to Stanley Black & Decker for a net present value of about $900 million, including future royalty payments. Sears, which will continue to sell Craftsman products, had put the brand, along with its Kenmore and DieHard brands, up for sale several months ago.   
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