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Labor & Employment

  • Target to close 11 locations

    Minneapolis -- Tuesday Corp. announced that it planned to close 11 stores as of Feb. 1, 2015, citing performance issues.  
  • Report: Wal-Mart to reappoint Price as Asia CEO

    Bentonville, Ark. -- Wal-Mart Stores Inc. is reportedly reappointing Scott Price as president and CEO of its Asia business. According to Bloomberg, Wal-Mart will let Price, who previously held the position from 2009 until June 2014, work from the retailer’s U.S. headquarters.  
  • Best Buy taps Domino’s CEO for board

    J. Patrick Doyle, president and CEO of Domino’s Pizza, has been appointed to the board of directors of Best Buy.  

    Doyle has joined Domino’s in 1997, serving in a variety of leadership roles across its domestic and international businesses. He has been president and CEO of Domino’s since March 2010.

  • Best of the Best: Top CEOs

    To some folks, he’s an innovator, a genius who has fundamentally transformed the retail equation. To others, he’s a bully. And now Jeff Bezos has a new label: the world’s best-performing CEO.

    The designation comes way of the Harvard Business Review’s 2014 ranking of the 100 best-performing CEOs. The list offers the only ranking of global CEOs’ performances over their entire tenure.

  • New York & Company names Kohl’s veteran as president, COO

    New York -- New York & Company announced that John Worthington has joined the company as president and COO, effective immediately. Worthington will lead the company’s store operations, real estate, outlets, finance, IT, sourcing and logistics areas.  
  • Nordstrom Rack expanding in New Jersey; to open in Eatontown

    Seattle -- Nordstrom plans to open a Nordstrom Rack Crossroads at Eatontown in Eatontown, N.J.   The 35,250-square-foot store is scheduled to open in fall 2015. Crossroads at Eatontown is owned and operated by LGR Associates, LP.  
  • Sally Beauty shuffles board membership

    Denton, Texas -- Martha J. Miller is retiring from the board of directors of Sally Beauty Holdings Inc., effective Nov. 3, 2014. Miller has served on the board since SBH became an independent public company in 2006.   
  • Fred’s promotes CFO to CEO

    Memphis, Tenn. -- Fred's Inc. named Jerry Shore as its next CEO. Shore has served as the company's executive VP and CFO for more than 14 years. He assumed the additional title of COO in Jan. 2014.   Shore's promotion follows follows notification by current CEO Bruce A. Efird of his intention to leave Fred’s upon the expiration of his contract.   
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