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Labor & Employment

  • Report: Retail imports to increase 8.5% in February

    Washington, D.C. -- A report released Friday by the National Retail Federation and Hackett Associates estimated that retail imports will increase 8.5% in February, after a contract deal between the East Coast and Gulf Coast dockworkers is finalized.

    The monthly Global Port Tracker report said that, had a key West Coast agreement also been settled, import cargo volume at the nation’s major retail container ports would possibly have seen an additional rise.

  • Friends in high places

    Widespread reports have Walmart Foundation president Sylvia Mathews Burwell heading to Washington to serve as President Obama’s director of the Office of Management and Budget.

  • Skullcandy founder resumes CEO role

    PARK CITY, Utah -- Skullcandy, a manufacturer of performance headphones, has named Rick Alden, the company's founder, former CEO and a current director, as Interim CEO. Jeremy Andrus has decided to step down from his positions as resident and CEO and a company director to join a private investment firm. He will serve as a consultant to the company over the next 12 months.

  • RadioShack nabs Walgreen exec for CEO

    Everybody loves a turnaround story. RadioShack is betting that the now-former president of daily living products and solutions for Walgreens, Joe Magnacca, will help author a turnaround story of its own for the small-box consumer electronics retailer.

  • Hasbro lacks revenue momentum heading into Toy Fair

    PAWTUCKET, R.I. — Heading into the toy industry's largest trade show next week, toy manufacturer, Hasbro, reported net revenues of $1.28 billion for the fourth quarter of 2012, compared with $1.33 billion in 2011. The company reported net earnings for the quarter of $130.3 million or 99 cents per diluted share.

    Net revenues for the full-year 2012 were $4.09 billion compared with $4.29 billion in 2011. 

    Net earnings for the full-year 2012 were $336 million, or $2.55 per diluted share, versus $385.4 million, or $2.82 per diluted share, in 2011.

  • Sur La Table names head of general merchandising

    SEATTLE -- Kitchen goods retailer, Sur La Table, has promoted Jacob Maurer to the position of SVP, general merchandising manager.

    The promotion is effective immediately, and will put Maurer in charge of all merchandise buying and product development functions for the company.

    Maurer joined Sur La Table in 2003 as a store manager, opening the chain’s first Massachusetts store located in Chestnut Hill. In October 2004 he joined the company’s merchandising team in Seattle and rose to VP merchandising by 2009.

     

     

  • NRF calls for ports to remain open despite contract rejection

    Washington, D.C. -- The National Retail Federation expressed disappointment on Friday over the failure of the International Longshore and Warehouse Union's Local 63 Office Clerical Unit and the Harbor Employers Association to reach a contract agreement.

    An eight-day strike in November and December 2012 shut down most terminals at the Ports of Los Angeles and Long Beach before the parties agreed on a tentative new contract with the help of a federal mediator. But union members on Wednesday voted down the contract.

  • Reports: Delhaize America to cut 500 jobs

    New York -- Delhaize America is cutting 500 jobs, according to published reports.

    News media in North Carolina reported that the Belgian supermarket operator's American subsidiary would cut 350 jobs and 150 open positions as part of a reorganization. Employees of the company received notifications of the layoffs via email, according to the reports.

  • Lowe’s Canada names president

    Mooresville, N.C. -- Lowe’s Cos. said Friday that Sylvain Prud'homme will join the company as president of Lowe's Canada, effective March 25.

    Prud’homme replaces Alan D. Huggins, who is returning to the United States as Lowe's VP international operations.

    Prud'homme comes to Lowe's from Loblaw Co., where he served in EVP roles in operations and merchandising.

     

  • Claire's names chief marketing officer

    Chicago -- Claire's Stores announced Friday that Dina Keenan has been appointed global SVP and chief marketing officer, effectively immediately.

    Keenan’s experience in marketing strategy, brand development, advertising and retail include stints at Bath & Body Works, Elizabeth Arden Red Door Salons & Spas, and Bozell Worldwide.

    One of the initial focuses for Keenan will be to align her organization to support the global brand needs of Claire's and Icing, the company said.

     

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