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Labor & Employment

  • Anna's Linens begins liquidation sales

    Anna's Linens has hired Hilco Merchant Resources and Gordon Brothers Group to begin going-out-of-business sales at all retail locations.

    The joint venture partners were awarded the store closing process by a U.S. bankruptcy court on June 18.

  • Amazon to open FC in Target's backyard

    Ever-growing Amazon.com Inc. is expanding its e-commerce capabilities in Target's home turf.

    The e-commerce behemoth has announced it will open an 850,000 square foot fulfillment center in the Minneapolis area, its first DC in the state of Minnesota.

  • Aeropostale not replacing departing exec

    New York — Aeropostale is losing a key executive and not replacing her.

    The retailer announced that its chief merchandiser, Executive VP Emilia Fabricant, is leaving the company. Effective immediately, the company's senior merchandising team will report to CEO Julian R. Geiger.

    The retailer said there are no plans to seek a replacement for Fabricant at this time.

  • NRF urges Senate to pass TPA bill

    The National Retail Federation is urging the Senate to quickly consider the stand-alone Trade Promotion Authority bill so that it can move to the president’s desk for his signature.

    NRF issued the following statement from Senior Vice President for Government Relations David French: 

  • Head merchant at Aeropostale is out

    Aeropostale is losing a key executive and handing over merchandising responsibilities to the company's CEO. 

  • Home Depot exec 1 of 2 new BN board members

    Barnes & Noble Inc. has appointed a Home Depot president and a former executive of PaineWebber as two new independent directors to its board ahead of the company's separation of its retail and college businesses.

    The new board members are Ann-Marie Campbell, president of the southern division of Home Depot, and Paul B. Guenther, former president of PaineWebber Group Inc., the parent company of Paine Webber, Incorporated.

  • Office Depot shareholders say ‘yes’

    Boca Raton, Fla. — A deal that would leave the nation with one giant office-supply retailer is one step nearer to completion.

    Office Depot shareholders have voted overwhelmingly in favor of the proposed $6.3 billion buyout offer from rival Staples Inc., with 99.5 % of the votes cast in favor of the merger.

    Staples proposed to acquire Office Depot in February in a cash-and-stock deal. Under the deal, Office Depot shareholders will get $7.25 per share in cash and 0.2188 of a share in Staples stock for each Office Depot share held.

  • Report: Entrance greeters back at some Walmart stores

    New York -- Greeters are back on the job welcoming entering shoppers at select Walmart stores, the Wall Street Journal reported.

    The chain moved most of its greeters away from the entrance and to other areas of the stores several years ago. But it has returned the associates to the entrances in several hundred stores in a move that is partially designed to stop theft, the report said.
     

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