Labor & Employment

Pacific Sunwear of California Inc. has won court approval to exit Chapter 11 bankruptcy.   The chain’s reorganization plan was approved by the court on Tuesday. Under the plan, the chain will give all its stock to affiliates of private equity firm Golden Gate Capital, its senior lender.   

Photo: Noel Mannion   Noel Mannion, who spent the bulk of his career with the National Realty & Development Corp., has been named the Purchase, New York-based company’s executive VP of property operations.   Mannion, previously managing director of operations, will be responsible for overseeing budgeting, maintenance, repair and improvement projects, billing, lease administration, and risk management for NRDC’s portfolio of more than 78 projects in 14 states.  

If any retail CEO is going to endorse a candidate in this year’s presidential race, Howard Schultz would certainly rank at the top of the list.  

Johnson Controls has completed its merger with Tyco.   By uniting Johnson Controls, a leading provider of building efficiency solutions with Tyco, a leading provider of fire and security solutions, the new company is positioned as a leader in products, technologies and integrated solutions for the buildings and energy sectors.   

Photo: Sonya Gafsi Oblisk    Whole Foods Market named the former VP of marketing for Walmart’s Sam’s Club division as global VP of marketing.  

Aeropostale Inc. will live to see another day after all.    A consortium, including Simon Property Group Inc. General Growth Properties Inc. and Authentic Brands Group, won the bankruptcy auction for Aeropostale Inc. The group, which also includes liquidators Gordon Brothers Retail Partners LLC and Hilco Merchant Resources LLC,  plans to keep at least 229 of the teen retailer’s stores up and running along with Aeropostale's e-commerce business and  international licensing business.   

A coalition of New York-based advocates have launched a national campaign to press large retailers, restaurant chains and other companies to end on-call and last-minute scheduling.   The effort comes in the wake of recent agreements by several retailers with New York's attorney general to end the practice in that state, the Associated Press reported.  

The offices of Chain Store Age will be closed for the Labor Day holiday weekend. We will resume publishing on Sept. 6. The CSA team wishes you and your family a happy and safe holiday.