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Labor & Employment

  • Amazon takes big step to fulfill small items

    A few days after announcing a new fulfillment center in Edgerton, Kansas, Amazon.com is unveiling plans for another new center that will serve customers a little further west.

    Amazon plans to open a seventh California fulfillment center in San Bernardino, where the company launched its fulfillment center in the state in 2012. The retailer currently employs more than 12,000 full-time hourly associates at its six existing California locations and says it will hire more than 1,000 full-time employees in the new San Bernardino facility.

  • Jo-Ann names former Walgreen exec CFO

    Former Walgreens and Tyson Foods executive Wade Miquelon was named CFO at Jo-Ann Fabric and Craft Stores.

    Jo-Ann said as CFO Miquelon would oversee the retailer’s finance organization, real estate, information technology and general counsel.

  • Conn's to open new stores; names board member

    Conn’s is planning tomake investments in technology, credit and personnel in 2016 as the retailer looks to expand its footprint with some 10 to 15 new stores and improve profitability.

    For the fourth quarter ended Jan. 31 the retailer said revenues increased 7% to $456.8 million. Same store sales decreased 1.7%. Conn's said its credit segment operating loss increased from $11.3 million to $19.3 million, driven primarily by bad debts.

  • Ex-PwC partner joins Children's Place board

    The Children’s Place has appointed an expert in financial auditing to its board.

    The compay said John E. (“Jeb”) Bachman has been named to the company’s board of directors, effective immediately. Bachman will serve as an independent Class I Director and will stand for election at the 2016 Annual Meeting of Stockholders. Bachman will serve on the audit committee.

  • Destination Maternity gives turnaround update; loses CFO

    Destination Maternity says its turnaround efforts are working to drive long-term growth despite a decrease in same-store sales during the fourth quarter.

    The company said that for the fourth quarter ended Jan. 30, same-store sales decreased 3.5%. The retailer's net loss improved to $3.1 million compared to a net loss of $17 million in the prior year quarter. Net sales were $118.3 million, compared with $121.2 million for the comparable three month in 2015.

  • Conn's to open new stores, names new chairman

    Conn’s is planning to make investments in technology, credit and personnel in 2016 as the retailer looks to expand its footprint and improve profitability. 

    For the fourth quarter ended Jan. 31 the retailer said revenues increased 7% to $456.8 million. Same store sales decreased 1.7%. Conn's said its credit segment operating loss increased from $11.3 million to $19.3 million, driven primarily by bad debts.

  • Petco adds new leadership to accelerate growth plans

    Petco has added two key leaders to its executive ranks and expanded the role of its supply chain chief.

    The company announced that it has hired Jodi Watson as senior VP, Petco Direct, and Spencer Insolia as VP, Petco and president, Doctors Foster & Smith. The company has also named John Carcasi as senior VP, supply chain & merchandise planning, expanding his previous role to encompass all supply chain and inventory related activity across the company.

  • CBRE appoints Steven H. Gartner to managing director of retail

    Philadelphia -- CBRE Group announced that Steven H. Gartner has been appointed to managing director of retail for the Greater Pennsylvania Region. Gartner will lead CBRE’s retail brokerage platform throughout the region, driving growth and creating a cohesive and collaborative service offering for retail clients, as well as continue to actively maintain strategic client relationships both in Philadelphia and across the country.

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