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Labor & Employment

  • Divaris names new managing broker in Richmond, Va.

    Virginia Beach, Va. — Divaris Real Estate has named Read F. Goode, Jr. to the post of managing broker of its Richmond, Va., office. Goode will focus on commercial sales and leasing services, land and shopping center acquisition and development.

    Goode has more than two decades of brokerage and commercial development experience throughout central Virginia. He joins Divaris from S.L. Nusbaum Realty Co. where he specialized in commercial land development and sales.

  • Stater Bros. taps new senior director, real estate

    Stater Bros. has named Michael Reed as the company’s senior director of real estate.

    "We have great confidence that Michael will do an outstanding job of leading our real estate division," said chairman and CEO Jack H. Brown. "His management and real estate expertise will help Stater Bros. meet our present and future real estate needs."

  • NRF applauds delay in ACA revisions

    Washington, D.C. – The National Retail Federation (NRF) is applauding a decision by the Treasury and IRS to delay implementation of some employer requirements under the Affordable Care Act (ACA) until 2015 and eliminate other requirements for small businesses.

  • BDO survey: Retail CFOs forecast 5% sales growth for 2014

    Chicago -- Retail CFOs are feeling more confident about the state of the consumer, forecast a 5.1% increase in total sales and a 4.8% increase in same-store sales this year, according to a new BDO USA survey. The finding marks a significant increase from the number expressing similar sentiments last year.

    In the study,  a majority (63%) of CFOs indicate that they include online sales in their comparable sales projections, suggesting that some of this expected growth and optimism may be linked to the exploding popularity of e-commerce.

  • Hhgregg seeks new chief operating officer

    Hhgregg EVP and chief operating officer Gregg W. Throgmartin has resigned his position and spot on the company’s board of directors, effective March 31. Throgmartin is leaving to pursue outside interests and manage family businesses, the company said.

  • Simon outlet center in Clarksburg, Md., approved

    Indianapolis — Simon Property Group has received zoning approval from the Montgomery County Council in Maryland by unanimous vote for the development of Clarksburg Premium Outlets at Cabin Branch.

    Simon Property Group, New England Development and Streetscape Partners make up the development team for the project, which will add 1,500 jobs and more than $150 million in private investment to the local economy. The development team is planning to open Clarksburg Premium Outlets by late 2015.

  • Executive changes at Overstock.com

    Overstock.com SVP Stephen Tryon has resigned from his position to pursue interests related to his book, "Accountability Citizenship."

  • Rent-A-Center opens stores in California, Mississippi

    Plano, Texas – Rent-A-Center has opened its newest locations in Panorama City, Calif., and Corinth, Miss. Rent-A-Center operates 162 stores in California and 37 stores in Mississippi.

    The retailer also operates more than 3,000 stores in the U.S., Puerto Rico, Canada and Mexico. It employs more than 21,000 workers.

     

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