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Labor & Employment

  • Quiznos names restaurant vet as new president and CEO

    Denver -- Sandwich quick-serve chain Quizno’s has named Doug Pendergast as its new president and CEO, succeeding Stuart Mathis, who resigned the company.

    Pendergast joins Quizno’s from The Krystal Co., where he was president and CEO; he also has held senior executive positions with Craftworks, Church’s Chicken and AFC Enterprises.

  • Container Store chief Kip Tindell succeeds Saks’ Sadove as chairman of NRF board

    New York -- The National Retail Federation announced that The Container Store chairman and CEO Kip Tindell has been elected chairman of the NRF board of directors and chairman of its executive committee, succeeding Stephen I. Sadove, retired chairman and CEO of Saks, Inc.  

    Tindell was elected at the Board of Directors meeting held Sunday during NRF’s 104th Annual Convention and EXPO, Retail’s BIG Show.

  • Deb Shops going out of business

    Teens will soon have fewer choices when it comes to shopping for the latest fashions.

    Deb Shops announced it has won court approval to launch going-out-of-business sales that will culminate with the closing of nearly 300 stores.

    “We thank our many customers and dedicated employees for their tremendous loyalty over the years and are very proud of our associates’ commitment to maintaining the high level of customer service we are known for throughout this transition,” said Dawn Robertson, CEO at Deb Shops.

  • Imports expected to rise as West Coast Port issues drag on

    Washington, D.C. -- Year-over-year import cargo volume at the nation’s major retail container ports is expected to continue to rise during most of the first half of 2015 despite significant congestion still impacting West Coast ports, according to the monthly Global Port Tracker report released by the National Retail Federation and Hackett Associates.

  • Starbucks No. 2 exec, COO Troy Alstead, to take extended leave

    Seattle – In a surprising move, the second in command at Starbucks Corp., COO Troy Alstead, 51, is taking an extended, unpaid leave of absence from the company starting March 1. Alstead, a 23-year Starbucks veteran, is responsible for day-to-day operations of the coffee giant, a position he was appointed to in January 2014. He is widely viewed as a potential successor to CEO Howard Schultz.

  • Old Navy floats Gap's boat

    Surging sales at Old Navy helped parent company Gap Inc. post an increase in same store sales for November and December.

    Gap’s same store sales for the November and December holiday shopping season increased 3%.

    For December alone, the figure rose 1%, slightly above Wall Street estimates for a 0.7% increase, according to Thomson Reuters.

  • Macy's restructuring: 14 store closures, thousands of layoffs, perhaps an off-price focus

    Cincinnati -- In response to changes in “where the customer is headed,” Macy’s chief announced on Thursday a sweeping reorganization plan that will close 14 under-performing stores, lay off thousands of workers and, most far-reaching, ready the retailer to respond to an omnichannel shopping environment.

  • Five Below names EVP of merchandising

    Michael Romanko was named Executive Vice President of Merchandising at discount retailer Five Below, reporting to President Joel Anderson.

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