Labor & Employment

Donald Trump contends he doesn’t forget and that could be a bad thing for Macy’s now that polls show the businessman turned politician leading a crowded field of Republican presidential hopefuls and using campaign stops to belittle the department store chain.

Oak Brook, Ill. - Inland Securities Corporation, the exclusive dealer-manager and placement agent for real estate investment programs sponsored by Inland Real Estate Investment Corp. (“Inland Investments”) and Inland Private Capital Corp., announced that Michael T. Ezzell II has joined the company as CEO.

Montvale, N.J. – A supermarket chain that was founded two years before the Civil War began may be going the way of the Confederate flag.

According to the New York Post, The Great Atlantic & Pacific Tea Co. (A&P) may file for Chapter 11 bankruptcy as soon as this week.

Washington, D.C. - The National Retail Federation (NRF) and more than 100 other business groups are formally calling for passage of legislation that would require the Transportation Department to track port statistics.

In a letter addressed to John Thune (R-S.C.), chairman of the Senate Commerce, Science and Transportation Committee, the NRF and its allies said this would help prevent a repeat of the congestion and slowdowns that occurred along the West Coast during the labor dispute resolved earlier this year.

Dollar Tree Inc. has promoted one of its senior executives to be its next chief operating officer.

The company announced that Michael Witynski has been named COO and be responsible for store operations of Dollar Tree bannered stores in the United States, real estate for Dollar Tree bannered stores in the U.S. and all retail operations and real estate in Canada.

Washington, D.C. -- The National Retail Federation on Wednesday asked the Labor Department to give businesses more time to respond to the administration’s proposal to expand overtime saying the plan’s “drastic changes” will require “extensive analysis” and require companies to speculate on “hypothetical proposals.”

The Department of Labor’s long-awaited proposed revisions to the “white collar” overtime exemptions are finally here – at least, in part.  On June 30, 2015, the DOL unveiled its proposed revisions to the required salary levels for many of the “white collar” exemptions to the FLSA’s overtime requirements.(The FLSA establishes minimum wage, overtime pay, recordkeeping, and youth employment standards affecting employees in the private sector and in Federal, State, and local governments.)

Guess, operator of more than 800 stores worldwide, has appointed a fast fashion veteran as executive chairman. 

Walmart's Asian business is regrouping after the founders of the retailer's e-commerce arm in China, Yihaodian, have left the company, according to Bloomberg.

The news service reported the company confirmed Wednesday that Yu Gang, Yihaodian’s chairman, and Liu Junling, the CEO, left to start a new venture.

Los Angeles -- The chief executive of Guess is stepping down.

Guess co-founder Paul Marciano announced that he will be succeeded as CEO of the apparel maker by former Inditex executive Victor Herrero in August. Marciano will continue to serve as chief creative officer, and will also replace Maurice Marciano as executive chairman.

Herrero, a 12-year Inditex veteran, served as head of Asia Pacific for the apparel conglomerate, whose brands include Zara. He is credited with building the company's multi-million dollar Asian business.