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Labor & Employment

  • U.S. performance buoys Delhaize revenue in Q4

    Brussels, Belgium – The addition of a 53rd week in fiscal 2014 for its U.S. operations helped global grocery conglomerate Delhaize Group make up for disappointing results from its Belgium stores. Including the extra week and benefiting from retail inflation, fourth quarter U.S. revenues were $5.23 billion, a 12% increase from $4.67 billion the same period a year earlier.

  • Sears Canada confirms Boire as CEO

    Ron Boire was named president and CEO of Sears Canada after serving in that capacity on an interim basis since last October.

    Boire was named acting president and CEO last October to replace Doug Campbell, the former head of the 381 unit Sears Canada operation who resigned for personal reasons. Boire was identified as the top candidate for the job at the time the appointment was made as he had spent nearly two years as executive vice president, chief merchandising officer and president of Sears and Kmart formats.

  • Walgreens Boots names global CFO

    Walgreens Boots Alliance Inc. has appointed George Fairweather, formerly group finance director of Alliance Boots, as executive vice president and global chief financial officer, effective Feb. 20.

    Fairweather will succeed Timothy McLevish, who served as Walgreens CFO since August 2014, where he advanced the company’s completion of its merger with Alliance Boots to form Walgreens Boots Alliance and served as the initial global chief financial officer of the combined companies.

  • Pfizer global president joins NJOY as CEO

    NJOY, an independent e-cigarette and vaping company, on Monday announced the appointment of Paul Sturman as its new CEO and president.

    Sturman joins the company from Pfizer's consumer healthcare business where he served as global president and general manager. Sturman was responsible for the $3 billion division's global operations, which included development and marketing of such household brands as Advil, Centrum, Chapstick and Robitussin. Before joining Pfizer, he was president of Johnson & Johnson's North American consumer healthcare unit.

  • Gap to shutter Piperlime, both online and physical store

    San Francisco -- Gap Inc. is shutting down its Piperlime business. The company plans to close the brand’s online platform and single store in New York, by the end of the first quarter of fiscal year 2015.  

    The decision comes as Abe Peck, who has led Gap’s growth, innovation and digital unit, gets ready to step into the CEO suite next month.

    “We plan to keep on pushing new ideas and look forward to seeing how we can apply what we’ve learned to the rest of the company,” Peck said in a statement.

  • Bi-Lo taps veteran Australian retailer as CEO

    New York -- Bi-Lo Holdings, parent company of Bi-Lo, Harveys and Winn-Dixie grocery stores, has appointed veteran Australian retail executive Ian McLeod as president and CEO, effective March 2. He succeeds Randall Onstead, who will remain in place through March 2.

  • DLC Management promotes leasing execs

    Tarrytown, N.Y. -- DLC Management Corporation announced the promotions of Adam Greenberg and Heather Moon from associate directors of leasing to directors of leasing for their respective regions.
     
    According to DLC, both Greenberg and Moon have demonstrated strong deal-making skills through the number of deals they have completed in any given year, problem-solving for key spaces/vacancies, and the execution of overall property business plans.

  • Gordon Brothers names managing director in Northeast region

    Boston -- Gordon Brothers Group, a global advisory, restructuring and investment firm specializing in the retail, consumer products, industrial and real estate sectors, announced that Michael D. Sullivan has been promoted to managing director, business development in the Northeast Region for the firm’s Valuation & Advisory Services Division.

  • Macy’s will expand CA fulfillment center to meet omnichannel demand

    Cincinnati - Macy’s Inc. plans to relocate its West Sacramento, California-based direct-to-consumer fulfillment center to a larger facility in a nearby location in Sacramento County to support continued sales growth driven by its omnichannel strategy. Contingent on approvals by the Sacramento County Board of Supervisors, Macy’s will begin operations in summer 2015 at a 385,000-sq.-ft. facility, creating approximately 100 new jobs.

  • J. Crew CEO to leave Apple board

    Cupertino, Calif. – Mickey Drexler, chairman and CEO of J. Crew and former CEO and president of Gap Inc., is retiring from the board of directors of Apple Inc. as of March 2015. Apple disclosed the impending retirement in a filing with the Securities and Exchange Commission (SEC).

    Drexler has served on the Apple board since 1999 and is currently its longest-tenured member. No replacement has been announced. Drexler was initially recruited to the Apple board to help the company, which opened its first store in 2001, create a retail strategy.

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