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Labor & Employment

  • Three solutions to Brighter Return-to-Work Programs

    No one wants to get hurt. It is much more preferable to go about our days without the pain, frustration, or aggravation of an injury. Therefore, it comes as no surprise that often immediately following a workplace injury, the first question asked is, “When can I go back to work?” Employers share these sentiments. After all, healthy employees are good for business; however, the path from injury to resuming work duties is not always a smooth one. It can be difficult to balance the concerns of the employer and the injured worker alike.

  • Tuesday Morning starts hunt for new CFO

    Dallas – Executive shuffling continues at off-price retailer Tuesday Morning Corp, which is now searching for a new CFO.

    The company announced that Jeffrey N. Boyer, executive VP, chief administrative officer and CFO, has resigned his position effective July 22. Boyer, 57, will assume the role of executive VP and CFO at Pier 1 Imports Inc. on July 27.

  • Heinz execs to lead new company with Kraft

    Two days before Kraft shareholders are scheduled to vote on a merger with Heinz, the company announced a slew of new executives.

    Paulo Basilio was appointed executive vice president and CFO, having joined Heinz in June 2013 as CFO. Kraft's CFO James Kehoe and other Kraft executives are being let go in 30 days or when the merger is completed, Heinz said in a statement.

  • Pier 1 names industry veteran as CFO

    Pier 1 Imports has named a former finance executve of Michaels, Kmart and Sears as its new chief financial officer.

  • Pep Boys puts itself up for sale

    Several months after its CEO resigned in September, Pep Boys says it is reviewing strategic alternatives, including a possible sale, merger or other deal.

  • Who will be the next COO at Kroger?

    Leadership of the Kroger Co.’s retail operations is in limbo following the retirement of COO Mike Ellis, with no immediate successor named.

    The Kroger Co. announced that Ellis has retired after 40 years with the company.

  • Target vet joining Rite Aid’s executive ranks

    Camp Hill, Pa. -- A veteran Target executive is joining Rite Aid.

    The drugstore chain on Monday announced that Bryan Everett is joining Rite Aid as executive VP store operations, effective Aug. 3. He will be responsible for all operations at the company’s nearly 4,600 chainwide stores and will report to Rite Aid president and COO Ken Martindale.

  • Birks Group Q1 loss grows

    Montreal - Birks Group Inc., which operates 47 luxury jewelry stores in Canada, Florida and Georgia, reported a growing net loss in first quarter 2015 despite improvements in net and same-store sales. Net loss totaled $8.63 million, up from $5.8 million the same period a year earlier.

    Although net sales rose 7% to $301.64 million from $281.16 million, increases in cost of sales, selling, general and administrative (SG&A) expenses, restructuring, debt extinguishment and asset impairment helped expand net loss. Same-store sales increased 16%.

  • Bon-Ton sells six stores in leaseback agreement

    York, Pa. - The Bon-Ton Stores Inc. is selling six stores for $84 million to CPA: 17 – Global, a non-traded real estate investment trust (REIT) of global net lease REIT W.P. Carey Inc. Bon-Ton will lease the stores back.

    Proceeds from the transaction will be used to pay one of two of the company’s mortgage loans due in April 2016. Each loan has about $105 million in principal and consists of 12 properties. Bon-Ton is actively pursuing refinancing options for the second loan.

  • Overworked in America, who’s got time to shop?

    A new study by Staples shows that many Americans are burnt out and working more than ever thanks to the always on mentality of the connected economy. So why are we so happy?

    New research from the Staple Advantage business-to-business division of Staples looked at the work behaviors of 2,602 employees in the U.S. and Canada to create the inaugural Workplace Index. The key takeaway is that more than half of employees report feeling overworked and burnt out (53%), but the overwhelming majority (86%) are still happy at work and motivated to rise in their organization.

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