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Labor & Employment

  • Taxes help Rite Aid beat Street with impressive Q4 profit

    Camp Hill, Pa. – Rite Aid Corp. beat Wall Street expectations with soaring profit in the fourth quarter of fiscal 2014. The retailer reported net income of $1.83 billion, exponentially larger than net income of $55.4 million in the same quarter a year earlier.

    A favorable tax asset valuation drove the substantial profit growth. Revenues rose 4% to $6.8 billion from $6.6 billion, mostly due to a same-store sales increase of 4.5%.

  • Walmart wage hikes under way in many states

    Walmart is beginning to raise wages for workers in several states as part of its employee initiative for fiscal 2015.

  • New York City’s famed Pearl River Mart to close

    New York -- Rising rents and increased online competition have claimed one of downtown Manhattan’s most iconic retail stores, Pearl River Mart in SoHo. The Chinese department store, which opened its doors in 1971, will close at the end of its current lease in December.

  • Linda Chadwick named president, CEO of Dressage Group North America

    Boston - Dessange International, owner of Fantastic Sams, Camille Albane and Dessange franchise brands, has promoted Linda Chadwick to president and CEO of Dessange Group North America. Chadwick had previously been the president and COO of Fantastic Sams.

    Chadwick will lead Dessange International’s North American expansion of its three salon franchise brands. A veteran franchising executive, Chadwick spent more than 20 years at Burger King Corp., including three years as VP of franchise operations.

  • Kroger taps Marlene Stewart as president of Dillons

    Cincinnati -- The Kroger Co. announced that Marlene Stewart has been promoted to president of the company's Dillons division. She replaces Joe Grieshaber, who was recently named president of Kroger's Columbus division.

    Stewart, 59, currently serves as VP of merchandising at QFC, based in Seattle.

  • Starbucks expands college tuition benefit to cover full degree

    Seattle -- Starbucks Corp. is extending its college tuition assistance plan for workers to cover the entire cost of getting an online bachelor's degree. The coffee giant launched the program with Arizona State University in June 2014. At the time, it was limited to juniors and seniors looking to complete their degrees. But in a major expansion of the benefit, Starbucks said it will now cover the full cost of the four-year online degree.

  • What retailers need to know about e-commerce and the ADA

    We are or should be familiar with the Americans with Disabilities Act’s (“ADA”) requirements for accommodating the physically disabled. Wheelchair ramps, handicap stalls, handicap parking, lifts, and other items designed to assist the physically disabled are commonplace. However, the ADA is much broader than this, and the United States Department of Justice (“DOJ”) and the courts are focusing on making the internet more accessible for the visually impaired.

  • 99 Cents Only opens nine new California stores

    City of Commerce, Calif. – 99 Cents Only Stores is opening nine new stores in California between April 9 and April 11. The stores will be located in the communities of San Luis Obispo, Ontario, Sonora, Santee, Escondido, Tustin, San Bernardino, Cypress and South El Monte.

    99 Cents Only currently operates 384 stores located in California, Texas, Arizona & Nevada.
     

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