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Labor & Employment

  • Grocery Manufacturers Association names new legal head

    WASHINGTON — The Grocery Manufacturers Association has named Karin F.R. Moore as VP and general counsel.

    “I am pleased to welcome Karin to the GMA team,” said GMA president and CEO Pamela Bailey.  “Her legal skill and trade association management experience make her the logical choice for this position, and I am certain that she will provide great value to GMA and its member companies as we advance the association’s member-driven agenda.”

  • True Value posts gains in Q4

    CHICAGO — True Value reported “gross billings” of $451.9 million for the fourth quarter, up 2.3% from the same quarter last year.

    “Gross billings” -- a term not used in the co-op’s 2012 earnings announcement -- is a measure of the total amount invoiced to customers, without subtracting discounts or adjustments.

    The company’s revenue was $340.4 million, up 3.3% from the prior-year quarter.

  • Century 21 expands Manhattan flagship

    NEW YORK — Century 21 Department Store is expanding its popular downtown Manhattan flagship store.

    The new store, which will be unveiled on April 9, will featue three new selling floors to accomodate its expanded merchandise assortment. The store will now total six floors and more than 2250,000 square feet.

  • Macy’s CEO pay package put at $11.3 million

    New York -- Macy's CEO Terry Lundgren had a pay package worth $11.3 million in 2012, down 22% from 2011, the Associated Press reported.

    Lundgren had a salary of $1.6 million stock and options awards worth $7.7 million, and perks worth about $76,000. The decline came from a 63% smaller cash payment for performance, the report said.

    Macy's said the CEO beat the profit expectations for the year but fell short on cash flow, due to a big merchandise purchase at the end of the fiscal year.

  • Lululemon exec out after pants recall

    Vancouver, British Columbia -- Lululemon Athletica Inc. said that chief product officer Sheree Waterson will be leaving Lululemon effective April 15, in what it described as a “leadership change in the product organization.”

    The news comes just weeks after the specialty retailer had to recall its signature Luon-fabric yoga pants from store shelves for being too sheer. The company warned that the move could lead to shortages and dent its profit by up to $40 million this fiscal year.

  • BJ's Restaurants opens in Puyallup, Wash.

    Huntington Beach, Calif. -- BJ's Restaurants said Wednesday it has opened a new restaurant in Puyallup, Wash.

    The 8,500-sq.-ft. BJ’s Restaurant and Brewhouse opened Monday  at South Hill Mall, a 1 million-sq.-ft. Cafaro Co. property.

    "We are very excited to open our first restaurant of fiscal 2013 in Puyallup, a suburb of the Seattle market," said Greg Trojan, BJ’s president and CEO.

  • Starbucks ramping up Southeast Asia growth with 200 stores in four years

    Seattle -- Starbucks Coffee Company reaffirmed its commitment to accelerate growth in Southeast Asia, announcing plans to open 100 stores in Indonesia over the next three years and another 100 stores in the Philippines over the next four years.

    Starbucks entered Southeast Asia in 1996 with its first store in Singapore. The company currently operates more than 700 stores across six countries, including Indonesia, Malaysia, the Philippines, Singapore, Thailand and, most recently, Vietnam.

  • Revionics names SVP global business development

    ROSEVILLE, Calif. — Revionics, a provider of end-to-end merchandise optimization solutions, that it has named John Greenfield as SVP global business development. Greenfield has been successfully serving as Revionics’ VP channels and alliances. In his new role, Greenfield will be responsible for identifying, creating, and growing strategic global partnerships and alliances that will support accelerated revenue growth for the company.

  • Lululemon loses chief product officer

    Lululemon Athletica, manufacturer of yoga-inspired athletic apparel has announced that its chief product officer, Sheree Waterson, will be leaving the company effective April 15.

    “We appreciate the many contributions that Sheree made during her time with lululemon, particularly in the area of design,” said Lululemon’s CEO Christine Day.

    Waterson joined Lululemon in 2008 and has more than 25 years of consumer and retail industry experience.

     

     

     

  • Brookstone names new CEO

    MERRIMACK, N.H. — Brookstone announced that it has accepted the resignation of Stephen Bebis, its president and CEO and a member of the company's board of directors. Bebis' resignation will be effective April 4. Bebis joined Brookstone in May 2012.  

    Effective upon Bebis' resignation, James M. Speltz, the company's VP, COO has been appointed as the company's new president and CEO.

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