Labor & Employment

Hampstead, Md. -- Jos. A. Bank Clothiers said that it will consider increasing its $2.3 billion buyout offer for Men's Wearhouse. The retailer also said that it would drop its proposal in two week if Men's Wearhouse did not enter into discussions.

 In a letter sent to Men's Wearhouse CEO Douglas Ewert, Jos. A. Bank chairman Robert Wildrick said that if the talks are not held by that date it will pull its offer so that it can consider other strategic options that it has been investigating.

Washington, D.C. -- Walmart U.S. president and CEO Bill Simon and Secretary of Commerce Penny Pritzker announced at the SelectUSA 2013 Investment Summit on Thursday that three suppliers have made new domestic manufacturing commitments that will create 385 jobs. The move is part of the retailer’s previously announced pledge to buy an additional $50 billion in U.S.-made products over the next decade.

Walmart said that Elan-Polo, Louis Hornick & Company and EveryWare Global will produce footwear, curtains and glassware, respectively.

Orte Madera, Calif. -- Restoration Hardware Holdings announced the appointment of Katie Mitic to its board of directors, effective immediately. Mitic, who will also serve on the board’s audit committee, is a veteran technology leader and entrepreneur with nearly 20 years of strategic product, marketing and business development experience.

Revlon has appointed former Colomer Group executive Lorenzo Delpani as the company’s president and CEO.

Delpani replaces David Kennedy, who served briefly as Revlon’s interim CEO since the recent departure of CEO Alan Ennis, who left the company to “pursue other interests.” Kennedy will continue to serve as Revlon’s vice chairman.

New York -- Bloomingdale’s longtime chief executive and chairman, Michael Gould, 70, is stepping down after 22 years on the job. He will be succeeded by Tony Spring, 48, currently Bloomingdale’s president and COO, effective Feb. 1, 2014. A successor to Spring as president of Bloomingdale’s is expected to be named in 2014.

Salisbury, N.C. -- Bottom Dollar Food will open two new stores on Thursday, Oct. 31, one in the Germantown neighborhood of Philadelphia, and one in Ambler, Pa., bringing the market total for the discount grocery chain to 43 stores.

The two new stores add approximately 100 jobs to the greater Philadelphia economy. With the addition of the two new locations, Bottom Dollar Food now operates 62 stores in New Jersey, Ohio, and Pennsylvania. Each store is approximately 18,000 sq. ft.

Lululemon has appointed Tara Poseley as the company’s chief product officer. In this role, Poseley will oversee the company’s global merchandising and design strategy, working hand in hand with its design team including Deanne Schweitzer, SVP and head of women’s design, and Felix Del Toro, SVP and head of men’s design.

Poseley, who will be reporting to CEO Christine Day, will be responsible for merchandising, inventory, allocation and strategic planning.

Crossmark has appointed former GlaxoSmithKline executive Janet Carter-Smith as VP of business development.

In her role, Carter-Smith will be focused on working with new client opportunities across Crossmark’s portfolio of services.

Sports Authority is the latest retailer beefing up staff ahead of the holiday shopping season. The specialty retailer plans to hire up to 5,000 part-time and temporary workers nationwide, a 20% increase from last year.

Sports Authority also plans to convert hundreds of seasonal workers into part-time and full-time team members after the holidays.

Nestlé plans to relocate its pizza business from Northbrook, Ill., to Solon, Ohio. Nestlé Pizza operates the Digiorno, California Pizza Kitchen, Tombstone and Jack's brands. The company anticipates completing the move by mid-2014.

The Nestlé Pizza Division brands were acquired from Kraft Foods in 2010 for $3.7 billion. The acquisition allowed the company to expand its frozen prepared foods category.