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Labor & Employment

  • Building #19 plans to open Rug Dept. stores

    Hingham, Mass. – Building #19, the New England closeout retailer, which recently shut its doors after declaring Chapter 11 bankruptcy, is planning to reopen at least a few stores as specialty closeout rug retailers under the banner of “The Rug Dept.”

  • Michael Jeffries to remain at the helm of Abercrombie & Fitch

    Michael Jeffries is still CEO of Abercrombie & Fitch. The company has renewed Jeffries’ employment agreement for a second time, with this latest restructured agreement taking effect Feb. 1, 2014, when Jeffries' current agreement expires.

  • Stuart Weitzman names global president

    New York -- Stuart Weitzman, the luxury footwear brand owned by The Jones Group Inc., has appointed Francois Kress to the newly created position of global president.

    Kress, formerly president and chief operating officer of The Row (New York), will oversee all aspects of the Weitzman brand’s global retail and wholesale business and he will assume the role of strategic leader for new initiatives and brand extensions.

  • Changes to Tumi’s board of directors

    Tumi Holdings has named Joseph R. Gromek as chairman of the company’s board of directors. Gromek, who joined the board in April 2012, succeeds Richard P. Hanson, who has stepped down as chairman.

    Until his retirement in February 2012, Gromek served as president and CEO of the Warnaco Group since April 2003, and as a member of the company’s board. From 1996 to 2002, Gromek served as president and CEO of Brooks Brothers. During the past 25 years, Gromek has also held senior management positions with Saks Fifth Avenue, Limited Brands and Ann Taylor Stores.

  • Bering named CEO at FirsTime Design

    Product designer, marketer and distributor FirsTime Design Limited elevated Christopher Bering to the role of president and CEO.

    The company, which does business as FirsTime Manufactory through its License Products subsidiary, said Bering will also serve as a member of the board. Bering previously served as president and COO and fills the position occupied by Pete Wierenga since January 2012. Wierenga will continue to serve as chairman of the board.

  • NRF: Retailers add 13, 500 jobs in November

    Washington, D.C. – The National Retail Federation estimated that the retail industry added 13,500 jobs in November, and 268,500 year-over-year.

    The Bureau of Labor Statistics Employment Situation report showed that November total nonfarm payroll employment rose by 203,000, with the unemployment rate at 7%.

  • American Eagle looks to take flight with new merchant

    Chad Kessler was named chief merchandising and design officer at American Eagle Outfitters after the company reported a big decline in third-quarter profits and said it expects fourth quarter same-store sales to decline.

  • Big Lots Q3 loss widens; to shutter Canadian operations

    Columbus, Ohio – Big Lots reported a net loss of $9.5 million for the third quarter of fiscal 2013, up from a net loss of about $6 million in the year-ago period. The retailer also said it will exit the unprofitable Canadian market, which it entered through an acquisition in 2011.

    Net sales grew about 2% in the same period, to $1.15 billion from $1.13 billion, and consolidated same-store sales declined about 2.5%.

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