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Labor & Employment

  • Tractor Supply board chairman succession announced

    Tractor Supply Company has elected Cynthia T. Jamison to its board of directors. Jamison will succeed James F. Wright as chairman of the board upon the conclusion of Wright's term at the end of the year.

    Wright will resign his position as a board member effective December 31, 2013, consistent with his plan to serve as executive chairman of the board with a term of one year, as previously announced in September 2012.

  • Men’s Wearhouse rejects Jos. A. Bank take-over proposal — again

    Fremont, Calif. -- Men’s Wearhouse again rejected a $2.3 billion takeover bid by Jos. A. Bank, refusing to allow it confidential access to its books. Last week, Jos. A. Bank sent a letter to Men’s Wearhouse, hinting that it might raise its proposed takeover offer above $48 a share if it was allowed to conduct due diligence.

    In a statement on Monday, Men’s Wearhouse once again reiterated its belief that its own turnaround plan would be better for shareholders.

  • Customer service credited for bolstering Publix’s Q3

    Publix credited its customer service for helping fuel third-quarter sale sales of $7 billion, a 5.6% increase from last year’s $6.7 billion. Comparable-store sales for the third quarter of 2013 increased 4.1%.

    The company reported net earnings for the quarter of $359.9 million, a decrease of 2.3% from $368.4 million in 2012. Earnings per share for the third quarter decreased to $0.46 for 2013, down from $0.47 per share in 2012.

  • Giant-Landover appoints new president

    Ahold USA has appointed former executive for Asian retailer Dairy Farm International Gordon Reid as president of its Giant Food of Landover, Md., division.

    Reid is replacing interim president and Ahold USA EVP operations Bhavdeep Singh. Singh served in the role of interim president following the departure of Anthony Hucker, who resigned from Giant-Landover in September to become EVP and chief strategy officer for St. Louis-based Schnuck Markets.

  • Ahold USA names president of Giant-Landover

    Carlisle, Pa. -- Ahold USA announced that Gordon Reid will join the company’s Giant-Landover division as president, effective Nov. 4. He most recently served as group director for commercial services for Dairy Farm International, which operates more than 5,600 retail outlets throughout Asia.

    Reid replaces Bhavdeep Singh, who has served as interim president since September. Singh continues to serve as executive VP, operations, Ahold USA.

  • Former Clarks exec steps into new role at Wolverine Worldwide

    Wolverine Worldwide has appointed Frank Annunziata as VP and general manager of Sebago. Annunziata will be responsible for further developing the brand's global growth platform of footwear, apparel and accessories, and will report to Ted Gedra, president of the company's Heritage Group.

  • Walmart unveils U.S. manufacturing projects

    Walmart U.S. president and CEO Bill Simon and Secretary of Commerce Penny Pritzker announced at the SelectUSA 2013 Investment Summit that three suppliers have made new domestic manufacturing commitments that will create 385 jobs.

    The move is part of the retailer’s previously announced pledge to buy an additional $50 billion in U.S.-made products over the next decade.

    Walmart said that Elan-Polo, Louis Hornick & Company and EveryWare Global will produce footwear, curtains and glassware, respectively.

  • Big Lots to shut down its wholesale business

    Columbus, Ohio -- Big Lots will close down its wholesale operations — Big Lots Wholesale, Consolidated International and Wisconsin Toy — by the end of its current fiscal year as it concentrates its focus on its retail stores. The shuttering will result in the liquidation of the wholesale unit's inventory.

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