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Labor & Employment

  • Krispy Kreme on hunt for new CFO

    Winston-Salem, N.C. -- Krispy Kreme Doughnuts announced CFO Douglas R. Muir intends to retire in calendar year 2015. The chain will conduct a comprehensive search to identify his successor. Muir is expected to remain in his current role until his successor is in place and to provide ongoing support during the transition.

  • Lumber Liquidators unveils sustainability website

    Just a couple of days after elevating Ray Cotton to SVP, chief compliance and sustainability officer, Lumber Liquidators has launched a new section of its website dedicated to sustainability.

    The original content is rooted in the company's "Lay It Forward" business strategy, which according to the company, centers on the long-term benefits of quality hardwood flooring, protecting the environment and supporting the communities it serves.

  • Party City names new president

    Elmsford, N.Y. - Party City has promoted Gregg A. Melnick to the position of president of Party City Holdings, effective immediately. Party City Holdings is the parent company of the Party City Retail Group and Amscan Inc., among other entities.  

    Most recently, Melnick was the president of the Party City Retail Group. Melnick will partner with all of the key department heads across both the retail and wholesale divisions to provide the leadership to strengthen the brands and create opportunities for greater collaboration.

     

  • Under Armour to build distribution center in Tennessee

    Under Armour, Tennessee Governor Bill Haslam and economic and community development commissioner Bill Hagerty announced the company's plans to build a new 1 million-sq.-ft. distribution and warehouse facility in Mount Juliet, Tennessee, a suburb of Nashville.

  • Supreme Court to hear case of women denied job by Abercrombie over headscarf

    New York -- The U.S. Supreme Court has agreed to consider whether a Muslim woman who was denied a job at an Abercrombie & Fitch Co. store because she wears a head scarf was required to specifically request a religious accommodation at the time of her job interview.

    The court agreed to hear an appeal filed in the case by the U.S. Equal Employment Opportunity Commission, the federal agency that sued the retailer on behalf of Samantha Elauf, who was denied a sales job at an Abercrombie Kids store in Tulsa, Oklahoma, back in 2008.

  • Dollar General extends tender offer by three weeks for Family Dollar

    Goodlettsville, Tenn. - Dollar General Corporation has extended its tender offer to acquire all outstanding shares of Family Dollar Stores Inc. for $80 per share, or about $9.1 billion, to Oct. 31. The offer was previously set to expire on Oct. 8. All other terms and conditions of the tender offer remain unchanged.

    The step, which is largely procedural step, came as Family Dollar remained committed to its previously- agreed-upon deal with Dollar Tree for $74.50 a share.

  • Vantiv appoints new marketing chief

    Vantiv, a leading provider of payment processing services and related technology for merchants and financial institutions, has appointed Larry Drury as its chief marketing officer. Drury will report directly to CEO Charles Drucker.

  • Wet Seal looking for a new CFO

    Foothill Ranch, Calif.  -- The Wet Seal announced today that its CFO, Steve Benrubi, has resigned. He will remain with the company through Dec. 1 to assist with the transition. 

    The retailer said it will start the search for a new CFO.

    “I thank Steve for his service and loyal dedication to Wet Seal over the past nine years. Steve was an instrumental leader through many challenges and successes throughout his tenure,” said Wet Seal CEO Ed Thomas.

     

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