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Labor & Employment

  • Opinion: A Not So Super Tuesday for Retailers, Operators

    Super Tuesday shed a very strong light on what the general election campaign is going to look like as Hillary Clinton and Donald Trump performed well and solidified their frontrunner status.

    More importantly, it was essentially a validation of Donald Trump's campaign style and strategy so far. Whether you are a fan of The Donald or not, it is clear that part of that strategy has been focusing on social issues like immigration, race and other political hot potatoes and pushing issues important to Main Street merchants to the back burner.

  • Report: Walmart customer data possibly exposed

    Personal information of some Walmart online pharmacy customers reportedly may have been visible online during a four-day period in February 2016.

    According to Reuters, a coding mistake may have exposed basic information such as name, address, date of birth, and prescription history of fewer than 5,000 consumers. The error potentially allowed online Walmart pharmacy customers to view each other’s data if they were logged into their accounts at the same time. Social security numbers and full payment card or health insurance information were not visible.

  • Sports Authority files Chapter 11; store closings loom

    The Sports Authority on Wednesday filed for Chapter 11 bankruptcy protection and said it plans to close or sell as many as 140 of its 463 stores nationwide. The beleaguered company has struggled in recent years under increased competition not only from online players, but also from the likes of Dick’s Sporting Goods and specialty retailers such as Lululemon that have capitalized on the “athleisure” boom in fitness apparel.

  • American Eagle improves performance by refining footprint and merchandise

    American Eagle Outfitters didn’t exactly soar in the fourth quarter, but its low single-digit same-store sales increase was better than most and benefitted from recent store closures.

    Total company sales increased 3% to $1.11 billion and same store sales grew 4% after a flat performance in the fourth quarter the prior year. Earnings per share increased 17% to 42 cents from the 36 cents earned from continuing operations the prior year. The company expects its first quarter same store sales to increase in the mid-single digits.

  • Meijer to spend $400 million on new stores, remodels

    Meijer will spend $400 million on store expansion and remodeling in 2016 as the chain looks to expand its footprint.

    The investment includes the construction of nine new Meijer supercenters and 32 remodel projects. While Michigan, Indiana, Illinois, Kentucky and Wisconsin will each welcome new Meijer supercenters later this year, dozens of other Meijer stores have begun or will soon begin remodel projects to further enhance the customer shopping experience.

  • Meijer on the move with new stores and remodels in 2016

    Meijer's ambitious growth plans for 2016 involve nine new supercenters, 32 remodels and a $400 million budget.

    The company announced the investment includes the construction of nine new Meijer supercenters and 32 different remodel projects. While Michigan, Indiana, Illinois, Kentucky and Wisconsin will each welcome new Meijer supercenters later this year, dozens of other Meijer stores have begun or will soon begin remodel projects to further enhance the customer shopping experience.

  • Longtime Starbucks executive takes permanent coffee break

    Starbucks Corp. has lost one of its veteran executives.

    The coffee giant revealed in a regulatory filing that former COO Troy Alstead will not return to the company following a year-long unpaid leave. Alstead, whose resignation was effective February 29, 2016, had long been seen as the company’s number two executive and an eventual replacement to current CEO Howard Schultz.

  • Abercrombie & Fitch's turnaround continues

    Abercrombie & Fitch's efforts to attract more shoppers are paying off, as the company reported an increase in same store sales for the fourth quarter.

    The teen retailer announced adjusted earnings of $1.08 a share for the period ended Jan. 30. Net sales were $1.11 billion. Same store sales jumped 1%, the first gain in overall same store sales since the third quarter ended October 29, 2011, according to Bloomberg.

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