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Labor & Employment

  • RadioShack names Treasury vet as revitalization officer

    Fort Worth, Texas -- Harry J. Wilson, founder and CEO of The MAEVA Group, will serve as the chief revitalization officer of RadioShack, reporting to RadioShack CEO Joe Magnacca and the RadioShack board. The MAEVA Group, a specialist in corporate restructurings, will provide advisory services to RadioShack's board of directors and management as the company moves forward with its operational and financial turnaround efforts.    

  • Retail vet to lead IKEA Canada

    IKEA has appointed Stefan Sjöstrand president of its Canadian organization after he has previously served as SVP, IKEA France.

    With this move Sjöstrand is bringing global insights gathered from many years of working with IKEA to the Canadian market, as well as a proven track record of achieving business success through people development, according to the company. 

  • Tile Shop Q3 net income drops, COO to become CEO

    Minneapolis –- An increase in selling, general & administrative (SG&A) expenses helped reduce net income at Tile Shop Holdings Inc. to $1.5 million, down 63% from $4.05 million in the same quarter the prior fiscal year. In addition, founder and CEO Robert Rucker will retire as CEO effective Jan. 1, 2015 and be replaced by current COO Chris Homeister, who will join the board of directors early in 2015.  

  • Tractor Supply enters Utah

    Brentwood, Tenn. –- Tractor Supply Company has entered the Utah market with the opening of a store in Perry City, Utah. The store officially opened on Saturday, Oct. 25 and holds its grand opening Saturday, Nov. 1. The new store is 21,930-sq.-ft. and employs approximately 15 team members. Tractor Supply Company now operates more than 1,360 stores in 49 states and employs more than 19,000 workers across the country.

  • Stonewall Kitchen receives Centre Partners investment, names new CEO

    York, Me. –- Stonewall Kitchen has received an investment from private equity firm Centre Partners. As part of the investment, Stonewall Kitchen will continue to be managed by its existing leadership team with the addition of Centre operating partner John Stiker, who has been named CEO.    

  • Report: Luxottica owner says return as CEO temporary

    Milan, Italy –- Leonardo Del Vecchio, 79, the chairman and founder of global eyewear manufacturer/retailer Luxottica Group who assumed the role of interim CEO on Oct. 14, has reportedly sent a letter to employees reassuring them his return as CEO is temporary. According to Reuters, in the letter, Del Vecchio said he would step down and turn management over to new co-CEOs once the company’s new governance structure is consolidated.  

  • Harvard Business Review: And the best-performing CEO is…

    New York -- Harvard Business Review released its annual list of the 100 best-performing CEOs in the world, and heading up the list is Amazon chief Jeff Bezos.    

  • Wal-Mart names veteran exec as India COO

    New Delhi, India –- Wal-Mart Stores Inc. has named Murali Lanka as COO of its Indian operation effective Dec. 1. Lanka has held various positions with Wal-Mart and Sam’s Club since 1989 and served as head of operations of Wal-Mart India from 2008-2013, and most recently held the position of regional general manager for Wal-Mart in Texas.  
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