Skip to main content

Labor & Employment

  • O'really, auto parts chain in high gear

    O'Reilly Automotive reported another record-breaking quarter of financial results as the retailer revs up plans to expand its distribution network and store footprint.

    The auto parts retailer reported that sales for the second quarter ended June 30 increased $188 million, or 10%, to $2.04 billion from $1.85 billion for the same period one year ago. Same store sales increased 7.2%.

    This year, O’Reilly plans to add a net 205 stores, compared with 200 stores in 2014. In the latest period, it opened 34 stores.

  • Procter & Gamble names new CEO

    Procter & Gamble Co. has named a successor to the man who led the company's recent transformation.

  • Ahold joins initiative on farmworker pay

    Ahold USA has become the first major grocery retailer to join an initiative requiring Florida tomato suppliers to increase farmworker pay and protect workers from forced labor and sexual assault.

    The Coalition of Immokalee Workers announced Wednesday that Ahold USA is America's first major grocer to join the group's Fair Food Program. Ahold USA is the parent company of Stop & Shop, Giant Foods of Landover, Giant Foods of Carlisle, Martin's and online grocer Peapod.

  • Study: Retailers lag in information management

    Boston – When it comes to managing records and information, retailers are surprisingly lax compared to members of many other industries.

    According to a new study from enterprise information management provider Iron Mountain, just one in three retail businesses have a records and information manager.

  • Retail veteran to take over as City Sports CEO

    A veteran retailer with experience in running big national chains has joined City Sports as its new chief executive.

  • Lower costs boost Rent-A-Center profit

    Plano, Texas – Reductions in labor hours and store expenses, as well as a sourcing and distribution initiative, helped boost profit at Rent-A-Center Inc. in the second quarter of fiscal 2015. Net income rose 31% to $23.15 million, from $17.68 million the same quarter a year earlier.

    Consolidated revenue also performed well, growing 6% to $815.34 million from $768.43 million. Consolidated same-store sales increased 7.5%, aided by especially strong performance in Mexico stores.

  • Vitamin Shoppe names Toys ‘R’ Us vet as general counsel

    North Bergen. N.J. - Vitamin Shoppe Inc. hired David M. Kastin as senior VP, general counsel and corporate secretary effective Aug. 17. Kastin will be responsible for overseeing all internal and external legal matters of the company and will serve as corporate secretary to Vitamin Shoppe's board of directors.  

  • 99 Cents Stores names Wal-Mart grocery VP as merchandising head

    City of Commerce, Calif. - 99 Cents Only Stores LLC has named Jack L. Sinclair as chief merchandising officer. Sinclair will be responsible for merchandising and marketing functions.

X
This ad will auto-close in 10 seconds