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Labor & Employment

  • Chain to increase employee wages — without cutting hours

    Sheetz, the family-owned and operated convenience store chain, announced it will invest more than $15 million to raise the wages of store employees across the company. And it is doing so without cutting back on hours for full-time employees.

  • Publix Super Markets' CEO to retire

    Publix Super Markets named a new CEO to replace current chief executive Ed Crenshaw, who announced his retirement on Wednesday.

    The company said that Crenshaw will step down effective April 30, 2016. Upon his retirement, current company president Todd Jones will become president and CEO.

  • Starbucks commits big time to China — and not just with more stores

    Photo: Jack Ma and Howard Schultz, China Partner Family Forum

  • Wheeler appoints new COO and CFO

    Virginia Beach, Va. -- Wheeler Real Estate Investment Trust announced Wilkes Graham will join the company as its CFO, effective Jan. 19. Graham will oversee corporate finance, accounting, investor relations and capital and financing strategies for the Company and will report to CEO and chairman, Jon Wheeler. He will succeed Steven Belote, who will remain with the Company as its COO.

  • EDSS expands into Mexico

    Energy Design Service Systems (EDSS) has opened a new office in Mexico, representing the culmination of the company’s year-long efforts to expand its market reach internationally and increase exports to Mexico.

    EDSS welcomes its new sales representative Yennise Garza, who brings more than a decade of experience in sales and market research to the EDSS team. With Garza’s help, EDSS expects to participate in Mexico’s increasing efforts to reduce the country’s energy consumption to meet their ambitious carbon reduction goals.

  • One to watch: Here comes the Corner Store

    CST Brands is not a household name in the retail industry, but it is fast becoming one. The company has ambitious plans to grow through new store construction and acquisitions and just made several key executive moves to help make things happen.

  • American Apparel gets $300 million bid from group supporting Charney

    American Apparel on Monday said that it has received unanimous approval of all voting classes for its reorganization plan. But also on Monday, the company received a $300 million buyout offer from an investor group that has the support of American Apparel founder and ousted CEO, the controversial Dov Charney.

    The investor group, which is comprised of Hagen Capital Group and Silver Creek Capital Partners, said that its offer is superior to the company's reorganization plan, and has a valuation range of $180 million to $270 million.

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