Labor & Employment

New York -- RadioShack could receive another dose of life support. According to a report by the Wall Street Journal, Salus Capital Partners has offered to provide $500 million to RadioShack Corp. in a kind of debtor-in-possession loan used by companies to fund operations in bankruptcy.

Dallas -- Corner Bakery Café has named Salil Bapat as CFO, effective immediately. Bapat previously was CFO for YUM Brands' Latin America and Caribbean region.

The Fresh Market is heading into the new year with fresh leadership changes at the top.

The specialty grocery retailer announced that Craig Carlk, president and CEO, and a member of the board of directors, has left the company and has resigned as a member of the board.

The board has appointed Sean Crane, executive VP and COO, as interim CEO while the company evaluates candidates to replace Carlock.

Los Angeles -- Millennial fashion authority and online retailer Nasty Gal has tapped Sheree Waterson has CEO, effective immediately. Waterson, promoted from her position as president and chief product officer, which she has held since early 2014, previously was lululemon athletica’s executive VP and chief product officer.

Founder Sophia Amoruso will continue as executive chairman to oversee creative and brand marketing functions.

Fred's Super Dollar has turned to a former Family Dollar and CVS executive to become its next president and chief operating officer.

Michael Bloom brings to Fred's more than 30 years of experience in small-box general merchandising, supply chain management and store operations, the company said. Most recently, he served as the president and COO of Family Dollar Stores. 

A Maryland real estate investing executive has been elected to Macy's Inc.'s board of directors.

Leslie Hale, executive vice president, chief financial officer and treasurer of RLJ Lodging Trust, is Macy's 12th director.

New York -- NRF president Matthew Shay told attendees of retail’s Big Show in New York City this week that the industry is well positioned for 2015 – with support from Washington, D.C.

New York -- The National Retail Federation announced that The Container Store chairman and CEO Kip Tindell has been elected chairman of the NRF board of directors and chairman of its executive committee, succeeding Stephen I. Sadove, retired chairman and CEO of Saks, Inc.  

Tindell was elected at the Board of Directors meeting held Sunday during NRF’s 104th Annual Convention and EXPO, Retail’s BIG Show.

New York -- Embattled apparel retailer Body Central has gone out of business and closed its entire remaining store base, effective Sunday evening, according to attorney for the company Gardner Davis.

Based in Jacksonville, Florida, the 265-store Body Central Corp. had said earlier this week that it was "experiencing significant liquidity challenges" and was working with advisers to evaluate its options. With the closure announcement, about 2,500 employees lost their jobs.

New York -- Former Coach Inc. chief Lew Frankfort has joined Sycamore Partners as an Executive in Residence, which will allow the private equity firm to tap into Frankfort’s retail knowledge, managerial expertise and network of industry relationships. Sycamore’s portfolio of retail investments includes Aeropostale, Coldwater Creek, Hot Topic, Jones New York, Nine West Holdings, Stuart Weitzman and Talbots.