Labor & Employment

Dallas – A previously undisclosed conflict of interest may endanger the proposed $1.4 billion purchase of jewelry retailer Zale Corp. by rival Signet Jewelers. According to the New York Times, Bank of America, which represented Zale in talks with Signet, failed to disclose it had made an unsolicited presentation to Signet in October 2013 where it advised Signet to consider purchasing Zale.

Columbus, Ohio -- Chute Gerdeman has announced four team member promotions, including the appointment of Mary Lynn Waite, formerly senior designer, brand communications, to creative director.

In other promotions:

• Steve Boreman, previously senior designer, brand communications, has been named design director, brand communications.  

• Kevin Worden has been promoted to director of digital integration, information technology.  

Menomonee Falls, Wis. -- Kohl’s Corp. missed Wall Street expectations for profits, revenue and same-store sales during a difficult first quarter. Net income, which had been expected to rise slightly, fell 15% to $125 million, from $147 million.

In addition, net sales declined 3% to $4.07 billion from $4.2 billion, while analysts had expected them to rise to $4.22 billion. Same-store sales, also expected to increase, fell 3.4%.

Outdoor apparel, equipment and footwear supplier The North Face has made key leadership and organizational changes to its sales agency partnerships.

Melville, N.Y. - Global Facility Management & Construction is naming two new members of its management team. Bruce Wollmuth has been named construction manager, leading a team of construction project managers.

Winston-Salem, N.C. – Krispy Kreme Doughnuts Inc. has named Anthony N. (“Tony”) Thompson, 47, as president and CEO, effective June 1. Thompson joins the company from Papa John’s International Inc., where he most recently served as president and COO.

Weis Markets has appointed David Gose as the company’s SVP of operations.

In that capacity Gose will oversee the day-to-day operation and management of the company’s stores. He reports to COO Kurt Schertle.

Chicago -- General economic conditions, federal, state and/or local regulations, and retail competition/consolidation ranked as the top three risk factors cited by retailers, according to a survey by BDO USA. Rounding out the top five: U.S. and foreign supplier/vendor concerns and labor (health coverage, union concerns, staffing) concerns.