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Labor & Employment

  • ICSC brings glad tidings to retailers

    The International Council of Shopping Centers (ICSC) is forecasting a 3.4% sales increase for the traditional November-December holiday period from last year — which spells good news for retailers. 

    ICSC also anticipates that the other two measures of U.S. industry holiday sales — shopping-center inclined sales +3.4%, and chain-store sales +2.0 — will both increase over last year.

  • Kroger taps Ralph’s VP as president of Fry’s Food

    Cincinnati -- The Kroger Co. has promoted Steve McKinney to president of the Fry's Food Stores division. Fry's operates 119 food stores in Arizona.

    McKinney, 57, has been VP of operations at the company's Ralphs division since 2007. He succeeds Jon Flora, who passed away unexpectedly two weeks ago.

  • Dick’s Sporting Goods opens three stores

    Pittsburgh – Dick’s Sporting Goods is opening three new stores. The stores are located at the Lakeshore Mall in Gainesville, Ga., the Epps Bridge Center in Athens, Ga., and a remodeled store in Leawood, Kan.

  • PetSmart increases quarterly dividend

    PetSmart's board of directors has approved a motion to increase the company's quarterly dividend by 18% from $0.16 to $0.19 per share beginning in the third quarter.

    The dividend of $0.195 will be paid Nov. 15 to stockholders of record at the close of business Nov. 1. This is equivalent to an annual rate of $0.78 per share.

  • Is Walmart a leader or follower?

    First it was sustainability, then came hunger and the affordability of quality food, women’s economic empowerment and now support of U.S. manufacturing. Walmart contends it has a responsibility to lead in these areas and others, but whether it is truly doing so is the subject of some debate.

  • Jo-Ann expands workforce ahead of holidays

    In anticipation of increased store traffic this holiday shopping season, Jo-Ann has announced plans to hire more than 3,000 seasonal employees in stores across the country — a 14% increase over its non-seasonal in-store workforce.

  • Simon receives sustainability recognition

    Indianapolis — Simon Property Group has received recognition for its sustainable efforts.

    First, SPG has been named to the 2013 CDP Global 500 Climate Disclosure Leadership Index (CDLI). The annual index highlights FTSE Global 500 companies that demonstrate leadership through disclosure of information regarding climate change and score within the top 10% of the five hundred companies assessed. This is SPG’s fifth CDLI award and its third due to top score on disclosure of green house gas emissions and energy use.

  • Loblaw makes executive appointments

    New York -- Canada’s Loblaw Cos. announced a series of executive appointments, including the naming of Mark Butler as executive VP integration.

    In the newly created role, Butler will take on responsibility for planning the integration of Shoppers Drug Mart, while ensuring it remains an independent division. He has 37 years with Loblaw, and most recently was executive VP conventional division.

  • Gov. Brown signs bill raising California minimum wage to $10 by 2016

    New York -- Governor Jerry Brown of California on Wednesday signed a bill approving a $2 hike in the state’s minimum wage, with the increase to be rolled out during the next three years. The increase will make California's minimum wage the highest in the country.

    The wage increase will go into effect in two separate $1 increments, going from the current minimum of $8 to $9 on July 1, 2014, and then to $10, on January 1, 2016.

  • Loblaw makes leadership changes

    Loblaw has announced a string of executive moves, including the appointment of Mark Butler as EVP integration, who is charged with integrating the recently acquired Shoppers Drug Mart.

    In the newly created role, Butler will take on responsibility for planning the integration of Shoppers Drug Mart, while ensuring it remains an independent division. And subject to completion of the transaction following review by the Competition Bureau, Butler will lead the team charged with delivering synergies. He has 37 years with Loblaw, and most recently was EVP conventional division.

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