Skip to main content

Labor & Employment

  • Starbucks and Latin America: a perfect match

    Panama City -- Starbucks Coffee Company has entered its 15th Latin America market.

    The coffee giant — together with Premium Restaurants of America, its long-term strategic licensing partner in Central America — has opened its first store in Panama, making it Starbucks 15th market in Latin America and 67th worldwide.

  • Breach knocks back profit at Sally Beauty

    Sally Beauty Holdings is feeling the impact of its data breach.

    Costs related to a data breach discovered in May, as well as higher selling, general and administrative expenses, helped reduce profit at Sally Beauty during the third quarter of fiscal 2015. Net earnings fell 8% to $62.46 million, from $67.76 million the same period a year earlier.

    Net sales rose 2% to $967.89 million, from $949.27 million. Same-store sales increased 2% in the Sally Beauty Supply division and 5.6% in the Beauty Systems division.

  • Sales, earnings plummet at Fairway Market

    The CEO of Fairway says promotional and merchandising efforts affected traffic in the first quarter as the company posted a sharp decline in same store sales.

  • Retail heavy hitter joins JLL

    San Francisco -- JLL has tapped an industry veteran from one of the world’s largest retail chains to drive its global business strategy and cross-border expansion.

    The company named David Zoba as chairman of its Global Retail Leasing Board, effective immediately. Zoba brings 30 years of experience to the firm and most recently served as senior VP of global real estate and store development at Gap Inc., which he joined in 2009.

  • Lumber Liquidators is hammered again

    The CEO of Lumber Liquidators Holdings Inc. pledged to get the company back on track after a flooring scandal led to another decline in revenue for the company.

  • OSHA Provides Direction for Retailers on Transgender Employee Restrooms

    A federal agency recently issued important guidance on a question some retail store executives may never have considered — how to handle restroom access for transgender employees.

    In its Guide to Restroom Access for Transgender Workers, published June 1, OSHA staked out a clear position: Employees should have access to restrooms based on their inward gender identity, not on the employer’s opinion as to which restroom they should use. Earlier this year, EEOC issued similar language.

  • Lumber Liquidators posts Q2 loss; may face formaldehyde action

    Toano, Va. – Legal and regulatory costs, as well as costs related to payroll, severance and commissions, contributed to a surprise net loss during the second quarter of fiscal 2015 at Lumber Liquidators. The struggling retailer also informed financial regulators that it may face legal action stemming from the sale of Chinese hardwood flooring that allegedly contained excessive levels of formaldehyde.

  • Starwood Retail Partners announces new CFO

    Greenwich, Conn. -- Starwood Retail Partners, the retail operating platform formed by Starwood Capital Group, announced that it has named Angela Aman CFO, effective Aug. 10. Aman brings more than a decade of experience as a financial executive to her newly created position, including having spent the last four years as CFO and treasurer of Retail Properties of America, Inc.

    Aman will be responsible for strategic planning, implementing and management of all accounting and financial functions, as well as investor relations and partner reporting.

X
This ad will auto-close in 10 seconds