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Labor & Employment

  • Wayfair expands lease for planned Boston headquarters expansion

    Boston -- 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.

  • Village Super Market’s net income drops

    Village Super Market, which operates a chain of 29 supermarkets under the ShopRite name in New Jersey, Maryland and eastern Pennsylvania, saw net income fall 69% during the second quarter, compared to the same period in the prior year, driven in part by flat same-store sales.

  • Ahold’s Giant/Martin unit taps former Save-A-Lot exec as president

    Carlisle, Pa. -- Ahold USA on Monday announced that Tom Lenkevich will join the company’s Giant/Martin's division as president, effective March 4.

    Lenkevich, who most recently served as COO and senior VP retail operations at Save-A-Lot Food Stores, will manage all aspects of the division, with responsibility for Giant and Martin’s sales, operating profits, organization and people.

  • Leadership team changes at Aaron's

    Lease-to-own retailer Aaron's has named Michael P. Ryan as VP of franchising. He replaces Todd Evans, who will be exiting the company. Henri Rogers, currently senior regional manager for Aaron's Three Rivers region, will succeed Ryan as divisional VP of Northern operations.

  • Aaron’s names new VP of franchising

    Atlanta - Michael P. Ryan, operational VP of Aaron’s Inc., has been named VP of franchising. Todd Evans, current VP of franchising, will be leaving Aaron's to pursue other opportunities.

    Henri Rogers, senior regional manager for Aaron's Three Rivers region, will succeed Ryan as divisional VP of northern operations.

  • Kimberly-Clark makes executive changes

    As Kimberly-Clark continues to focus on driving global expansion, the company has made executive changes so it can execute its business goals.

    Elane Stock, group president of Kimberly-Clark Professional (KCP), has been elected group president of K-C International (KCI), and is succeeding Christian Brickman, who is leaving to pursue a senior executive officer position outside of K-C. Kim Underhill, currently president of K-C's European consumer business, has been elected president of KCP.

  • Amazon warehouse workers’ case to be heard by Supreme Court

    New York -- The U.S. Supreme Court has agreed to hear a case brought by former Amazon warehouse workers that could determine whether companies have to compensate employees for time spent undergoing end-of the-shift security searches.

  • Fourth-quarter results boost Publix stock

    Publix’s sales for the fourth quarter of 2013 boosted the company’s stock price from $30 per share to $30.15 per share.

    The company reported sales of $7.4 billion, a 5.3% increase from last year’s $7 billion. Comparable-store sales for the fourth quarter of 2013 increased 4.3%.

    Net earnings for the fourth quarter of 2013 were $422 million, compared to $392.8 million in 2012, an increase of 7.4%. Earnings per share for the fourth quarter increased to $0.54 for 2013, up from $0.50 per share in 2012.

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