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Labor & Employment

  • Expiration of West Coast ports contract brings imports surge

    New York -- Uncertainty at the West Coast ports has caused a rush of activity, according to a monthly tracking service.

    Import volume at major U.S. container ports is expected to total 1.5 million containers this month, says the Global Port Tracker from the National Retail Federation and Hackett Associates. That’s the highest monthly volume in at least five years and follows a trend of unusually high import levels that began this spring as labor strife pushed retailers to import merchandise ahead of any potential problems.

  • SRS Real Estate Partners promotes Laura Tinetti to senior VP

    Dallas — SRS Real Estate Partners has promoted Laura Tinetti to senior VP in the San Francisco office.

    Tinetti joined SRS in 2006 and, in the past eight years, has completed more than 150 retail transactions valued at approximately $300 million.

  • American Apparel receives default notice

    New York -- The American Apparel saga continues, with the beleaguered chain receiving a notice of default from its longtime lender, Lion Capital.
       
    The default notice was based on the claim that founder Dov Charney ceased to be CEO of the company, according to a regulatory filing with the Securities and Exchange Commission today. (Lion had a stipulation in its loan agreement, which was signed last year, stating that if Charney left the company, it would be in default.)
      


  • Follow the Leadership

    There have been more than a few headline-grabbing leadership transitions in the retail world recently. And, to be honest, “transitions” might be too gentle of a euphemism: some big names from some big-name brands have left, been fired, forced out, voted off the board, or otherwise pressured to step down in the last few months.

  • Stuart Weitzman adds e-commerce officer to exec team

    Stuart Weitzman has named Monica Schwartz as chief global digital and e-commerce officer. She will report directly to CEO Wayne Kulkin and will be based out of the company's international headquarters in New York.

    In this newly created position, Schwartz will oversee all aspects of global e-commerce and digital strategies for the stuartweitzman.com platforms in the United States, Canada, Europe and Hong Kong, as well as the soon-to-be-launched e-commerce site in China.

  • Crumbs Bake Shops shutters all stores

    New York -- Crumbs Bake Shops on Monday closed its 48 stores. The cupcake store chain has been struggling for some time. In a May filing with the Securities and Exchange Commission, it warned that it "may be forced to curtail or cease its activities" if its operations didn't generate enough cash flow.

    Last week, Nasdaq suspended the trading of Crumbs shares on the grounds that the company no longer had at least $2.5 million in shareholder equity, or met benchmarks for an annual net profit.

  • Staff changes at NRF

    The National Retail Federation (NRF) has hired Paul G. Martino as VP and senior policy counsel, and has promoted Beth Provenzano to VP for federal government relations.

    Martino and Provenzano will work with the NRF government relations department and focus on emerging public policy priorities, including data security, payments, mobile and e-commerce, privacy and patent reform.

  • Tedeschi names HR head as COO

    Rockland, Mass. – Tedeschi Food Shops is promoting Greg Donoghue to COO. Donoghue succeeds Robert Tedeschi Jr., who retired in June after nearly 39 years of service. In his role, Greg will oversee all operations and facilitates collaboration and project management oversight for all departmental interaction with stores.

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