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Labor & Employment

  • The Buckle shuffles leadership

    Kearney, Neb. - Michelle Hoffman has been appointed to the position of VP of sales and Kyle L. Hanson has been appointed to the position of VP, general counsel, and corporate secretary at The Buckle Inc., both effective immediately.

    The company also made the following changes to its leadership team:

  • Corner Bakery Café to enter Indianapolis

    Dallas -- Corner Bakery Café has signed a new multi-unit development agreement to open its first restaurants in Indianapolis beginning later this year and the remaining sites over the next six years.

  • Dunkin’ Brands extends CEO contract through 2018

    Canton, Mass. - Dunkin' Brands Group Inc, the parent company of Dunkin' Donuts and Baskin-Robbins, today announced the extension of Chairman and CEO Nigel Travis's employment contract through December 2018. Travis, 64, whose contract previously ran through December 2016, joined Dunkin' Brands as CEO in December 2008.

  • A&G Realty to dispose of 1,100 RadioShack stores

    Following RadioShack’s surprise announcement that it will close 1,100 stores in an attempt to staunch the flow of red ink, the company has retained Melville, N.Y.-based A&G Realty Partners to manage the disposition.

    “In the coming weeks we’ll be working with our landlords to find an efficient and cost-effective means to exit these unprofitable locations, and as such, we’ve engaged A&G Realty to assist us in this process,” said John W. Feray, RadioShack’s CFO, during a March 4 earnings conference call.

  • Revlon’s acquisition bolsters Q4 sales

    Revlon said fourth quarter sales increased 28%, thanks to the inclusion of sales at The Colomer Group, which it acquired in October.

    Net sales for the quarter totaled $491 million, up 28% compared with $383.5 million in the year-ago period. On a foreign currency fluctuations or XFX basis, total net sales rose 31.2%, benefiting from the inclusion of $116.8 million of net sales related to the Professional segment beginning on The Colomer Group acquisition date. Excluding the acquisition, total net sales rose 0.7% on an XFX basis.

  • Sales declines impact Weis Markets

    Sunbury, Pa. – Declining sales across a variety of categories negatively affected year-over-year fiscal performance of Weis Markets Inc. during the fourth quarter and fiscal year 2013. Net income declined 29% to $15.7 million from $22.1 million during the quarter, and dropped 13% to $71.7 million from $82.5 million during the year.

  • Michigan Rising?

    Speaking with Ron Goldstone, senior VP at Southfield, Mich.-based Farbman Group really got my juices flowing about the Midwest retail real estate marketplace — Michigan in particular. The state’s retail real estate market is an interesting candidate for closer study, simply because the Detroit dynamic, even in its extremes, gives us a valuable perspective on the national landscape:

  • Wayfair on Boston headquarters expansion

    Online retailer Wayfair has added 170,000 sq. ft. to its lease with Simon Property Group at The Offices at Copley Place in Boston's Back Bay neighborhood. In anticipation of a June 2014 relocation, the additional space brings Wayfair's new office space to a total footprint of 275,000 sq. ft.

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