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Labor & Employment

  • Crocs shuffles management team

    Niwot, Colo. -- Crocs Inc. is enacting several key management changes, including the appointment of Bob Munroe to general manager of Crocs Americas region; Greg Sullivan to the new role of senior VP of global business transformation; Scott Yuan to general manager of Greater China; and Michelle Poole to senior VP of global product creation and merchandising.  

  • Retail vet Michael Rayden, CEO of tween-brand Justice, to retire in January

    Mahwah, N.J. -- Michael Rayden, president and CEO of Ascena Retail Group’s tween apparel brands Justice and Brothers, and a member of the Ascena board, is retiring at the end of Jan. 2015. Ascena has tapped Herbert Mines Associates to start a global search for a president and CEO of Justice and Brothers.   

  • HanesBrands makes tasty board appointment

    Former Snyder’s-Lance CEO David V. Singer is the newest member of the board of directors at apparel manufacturer HanesBrands.

    Singer, 59, joins the 10 member board through the 2015 annual meeting when directors stand for re-election. He will serve on the company’s audit committee.

  • Great American Group selected as stalking horse bidder for Alco stores

    Los Angeles --Great American Group has been selected as a stalking horse bidder in the potential liquidation of Alco Stores, which operates 198 general merchandise discount stores in 23 states. Great American is a leading provider of asset disposition and auction solutions, advisory and valuation services, capital investment, and real estate advisory services.

  • Saks to close store in Hackensack, N.J.

    New York -- Saks Fifth Avenue announced that it plans to close its Saks Fifth Avenue store in the Shops at Riverside in Hackensack, N.J. The store is expected to close in late 2014.   “Closing a location is never an easy business decision. At this time, we are committed to offering support and assistance to our team affected by the closing,” commented Marigay McKee, President of Saks Fifth Avenue.

  • Andreessen quits EBay board

    San Jose, Calif. –- Venture capitalist Marc Andreesen is resigning from the EBay Inc. board of directors. Following the board’s recent decision to separate eBay and PayPal into independent, publicly traded companies in the second half of 2015, Andreessen, who joined the board in 2008, said that now is the right time to step down.  

  • Home Depot promotes Marc Powers to U.S. stores head

    Atlanta -- The Home Depot announced that it has named Marc Powers executive VP, U.S. stores, effective Nov. 1, 2014. He replaces Marvin Ellison, who was recently named president and CEO designee of J.C. Penney Co.  

  • Mattress Firm completes Sleep Train acquisition

    Houston –- Mattress Firm Holding Corp. has completed its $245 million acquisition of West Coast bedding specialty retailer The Sleep Train Inc. Sleep Train operates approximately 310 specialty mattress retail stores located in California, Oregon, Washington, Idaho, Nevada and Hawaii, and reported net sales of approximately $471 million for the 2013 fiscal year.  
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