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Labor & Employment

  • DSW touts omnichannel success amid Q3 struggle

    Leading footwear retailer DSW Inc. made significant omnichannel upgrades during the third quarter but warm weather kept shoppers from buying shoes in stores or online.

    Sales declined 0.6% to $666 million and same store sales declined 3.9% compared to a 2.6% comp increase during the same period the prior year. Profits declined 20.7% to $39.3 million and earnings per share declined 20% to 44 cents, in line with the company’s guidance range of 41 cents to 44 cents.

  • Finding success by serving others

    Walmart’s foes are at it again this holiday season, looking to disparage the company with misinformation and publicity stunts that harm the workers the organization claims to help.

  • TOYS “R” US TIMELINE

    June 2, 2015: David Brandon is named chairman and CEO, effective July 1, succeeding the retiring Antonio Urcelay.

    November 2013: Former Walmart executive Hank Mullany is named president of Toys “R” Us, U.S.

    October 2013: 17-year Toys “R” Us veteran Antonio Urcelay is named chairman and CEO after serving in an interim role for five months.

  • LEADERSHIP TRANSITION

    Taking the reins of Toys “R” Us in July 2015, new CEO and chairman David Brandon recognized one of the biggest challenges he faced would be inspiring others to execute his vision of what the company could be. The retailer had gone through a decade of leadership changes, and Brandon was well aware that frequent executive changes, strategic shifts and cost-cutting can cause stress and a lack of trust.

  • TechBytes: Three ways automation is changing workforce management

    The recent KronosWorks 2015 conference was held in Las Vegas, a city built on taking chances. However, increasing automation of workforce management tasks is helping retailers remove the risk from activities such as scheduling, staffing and hiring.

    Here are three hot automation trends highlighted at KronosWorks that are helping retailers win the workforce management game.

  • Retailer Sparks Controversy

    There has been a bit of controversy lately regarding Urban Outfitters’ recent request that some of their salaried employees “volunteer” to fill normally hourly roles in fulfillment centers and retail outlets.

  • More c-suite changes for Francesca's

    Francesca's has lost its chief financial adviser just weeks after naming a new head merchant and a new senior marketing executive.

    The Texas-based company announced that CFO Mark Vendetti has resigned from the company effective Dec. 4. Cindy Thomassee, Francesca's current VP of accounting, has been appointed to the role of interim CFO and will report directly to CEO Michael W. Barnes while the company conducts a search for a CFO.

  • Foot Locker still outrunning its competitors

    Higher demand for running and basketball shoes is translating into more record sales and profits for Foot Locker, which reported impressive third quarter results on Friday.

    The New York-based specialty athletic retailer posted a same store sales increase of 8.7% in its third quarter ended Oct. 31.

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