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Labor & Employment

  • J.C. Penney awards Ellison 2 million shares

    Plano, Texas – J.C. Penney Company Inc. has provided an equity inducement award of 2.07 million restricted stock units (RSUs) to Marvin Ellison, the company’s president and CEO-designee, in connection with his employment. Penney previously disclosed this award in connection with the announcement of Ellison`s appointment in October.

  • Signet Jewelers names Nike exec as CIO

    Hamilton, Bermuda – Signet Jewelers Ltd. has named Daniel Shull as its first CIO effective Jan. 5, 2015. As CIO, Shull will be responsible for Signet's IT systems across its three divisions.

  • Wal-Mart fires India manager in bribery probe

    New Delhi, India – The India unit of Wal-Mart Stores Inc. has reportedly fired a mid-level manager as part of a probe into alleged bribery violations. According to the Economic Times, Wal-Mart gave the manager a termination notice last week, two years after the company suspended its former India CEO and legal team due to possible violations of U.S. anti-bribery laws.

  • Brookstone names Toys ‘R Us exec as president/CEO

    Merrimack, N.H. -- Brookstone Inc. will appoint senior retail executive Thomas M. Via as president and CEO, and as a member of its board of directors, effective Dec. 1. Steven H. Schwartz, who had been serving as interim CEO, will resume his role as chief merchandising officer.  
  • Three Hot Workforce Management Trends from KronosWorks

    As a focus area of retail technology, workforce management may not be quite as sexy as CRM or omnichannel commerce. However, a lot of very exciting stuff is currently happening in the world of workforce management, as attendees of the recent KronosWorks 2014 conference in Las Vegas discovered. Here is a brief summary of three of the hottest current workforce management trends.  
  • Togo's names former IHOP and Taco Bell exec as COO

    San Jose, Calif. -- West Coast sandwich operator Togo's Eateries, Inc. has named Jim Peros as its new COO, charged with overseeing all operations and the expansion of the brand's restaurants throughout the West.   
  • Retail sales rise ahead of holiday shopping

    Washington, D.C. -- U.S. retail sales edged up in October, according to a report released by the Commerce Department, evidence that recent job gains and lower gas prices are lifting consumer spending as the holiday shopping season begins. Retail sales rose 0.3% last month after falling by the same amount in September. Excluding gas stations, where falling prices lowered spending, sales rose a solid 0.5%.  
  • Wal-Mart workers plan to protest on Black Friday

    Bentonville, Ark. -- For the third consecutive year, Wal-Mart workers at about 1,600 stores are prepping to protest on Black Friday to demand better wages and benefits.   According to pressure group OUR Walmart, the protestors are demanding a $15/hour wage and consistent full-time hours.  
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