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Labor & Employment

  • Target opening 6 p.m. on Thanksgiving; reveals extra-early Black Friday deals, extended hours

    Minneapolis --The competition for the holiday shopper continues with the news that Target Corp. is kicking off the holiday season extra early this year, with plans to offer early access to Black Friday deals for one-day only on Nov. 10, a pre-sale on Nov. 26, and a 6 p.m. store opening on Thanksgiving evening.
  • Aaron’s names head of Progressive Leasing unit as new CEO

    Atlanta -- Aaron's announced today that John W. Robinson III, executive VP of Aaron's and CEO of its Progressive Leasing unit, has been named CEO of Aaron's, effective Monday, Nov. 10, 2014.    
  • Lindgren elevated to CEO role at Otter

    No company protects more mobile devices than Otter Products and now the maker of the ubiquitious OtterBox and LifeProof brands has a new CEO.

  • Women in Factories training funded by Walmart

    The Walmart Foundation increased to $10 million its investment in an educational program on track to provide training to 60,000 women in 150 factories.

    The increased funding commitment to the Women in Factories program begun in 2011 was announced in Beijing by Scott Price, CEO of Walmart Asia at the 2014 APEC CEO Summit. The Women in Factories program has already provided training to 40,000 female factory workers and by the end of 2016 the figure is expected to increase to 60,000 women at factories in India, Bangladesh, China, El Salvador, and Honduras.

  • Fastenal CEO to resign

    New York -- The CEO of Fastenal, Willard Oberton,  will resign from the 2,700 store chain, effective Dec. 31. Oberton, 56, will remain chairman of the company and continue to be actively involved in strategic planning and performance measurements.    
  • Realignment increases loss at Fairway Market; new CEO, CMO named

    New York –- Corporate realignment costs, particularly severance, increased net loss at Fairway Group Holdings Corp., the parent company of Fairway Market, during the second quarter of fiscal 2015. Net loss grew to $17.23 million from $12.22 million.  
  • Hershey CEO appointed to president’s council on U.S. –Africa trade

    J.P. Bilbrey, CEO of Hershey, has been appointed by the U.S. Secretary of Commerce to President Obama’s newly-established Advisory Council on Doing Business in Africa (PAC-DBIA).  

    Bilbrey will be one of the 15 private sector leaders providing guidance to the president on strengthening partnerships with African nations to leverage the opportunities for U.S. companies committed to supporting the continent for the long term. 

    The private-sector council will focus on strengthening the U.S.’ commercial relationships with African nations. 

  • McCormick names seasoned exec to finance role

    Mike Smith was named SVP finance and CFO North America at McCormick.  In this role he will oversee investor relations, treasury and serve as the CFO of the newly formed North American Leadership Team. 

    Smith’s new team focuses on North American alignment and strategy for growth, performance and people. Joyce Brooks, VP, investor relations and Bob Conrad, VP treasurer will report directly to Smith. 

  • Fastenal names new CEO

    Industrial and construction supplies retailer Fastenal said CEO Willard Oberton planned to resign from the 2,700 store retailer effective December 31.

    The company on Friday, Nov. 7 disclosed that  Oberton notified the board of directors the prior Monday of his decision to resign. Plans call for Oberton, 56, to remain as chairman of the company and to be actively involved in strategic planning and performance measurements.

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