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Labor & Employment

  • Previewing a lease helps prevent headaches

    “Who agreed to this language?”

    How many times have each of us been handed leases containing  terms which cause us to   ask , “Where did these provisions come from?” or “This is the first time I’ve seen these stipulations, did the transactions group understand the costs of compliance?” The answer is: probably more times than we’d like to recall.

  • Closeout veteran named CEO at Tuesday Morning

    Leading closeout retailer Tuesday Morning named Brady Churches as CEO three months after the departure of former CEO Kathleen Mason.

    According to the operator of 850 stores, the board was searching for what it called a "master merchandiser," and believed Churches’ track record of merchandising excellence, combined with his high-energy, entrepreneurial mindset would serve Tuesday Morning very well.

  • Newell Rubbermaid names new CFO

    ATLANTA — Newell Rubbermaid has appointed Doug Martin as CFO, succeeding Juan Figuereo.

  • Advance Auto parts names head of Mid-Atlantic store ops

    ROANOKE, Va. — Advance Auto Parts  has promoted Rusty Tweedy to area SVP, responsible for store operations in the Mid-Atlantic regions. Tweedy will report to Kurt Schumacher, SVP national field operations. Effective with this promotion, the company is adding a fourth operational area which will enable the company’s field and commercial sales leaders to be more aligned and focused on driving profitable growth.

  • New executives named at Save Mart

    MODESTO, Calif. — Save Mart Supermarkets has appointed a new chief human resources officer and chief legal officer, as well as a new CFO.

    In the newly-created role of CHRO/CLO at Save Mart, Eric Nadworny is responsible for leading the human resources, labor relations, risk management, compliance and legal functions for the Modesto, Calif.-based grocer. Nadworny has worked at such companies as Ross Stores, BJ's Wholesale Club and Shaw's Supermarkets.

  • Francesca's Q2 profit doubles; CEO to retire

    Houston -- Francesca's Holdings Corp. said Tuesday that net income for the quarter ended July 28 topped expectations by nearly doubling to $12.7 million, from $5.5 million in the same quarter last year. Sales leaped nearly 50% to $25.1 million, and same-store sales surged $20.7%.

    The company said it is on track to open 76 stores and one outlet this fiscal year, two of them in the third quarter.

  • Tuesday Morning names former Big Lots president as new CEO

    Dallas -- Tuesday Morning announced Tuesday that it has named former Big Lots head Brady Churches as its new CEO, stepping in for former CEO Kathleen Mason who was terminated by the company in June.

    Mason has since filed suit against the closeout retailer, alleging that she was fired because she disclosed that she has breast cancer.

    Churches’ appointment is effective immediately. His most recent position was as president of Marketing Results Ltd. Prior to that he was president of Big Lots.
     

  • Fashion Bug inventory being liquidated in preparation for obsolescence

    Bensalem, Pa. -- SB Capital Group, Tiger Capital Group and Great American Group jointly announced Tuesday that, in tandem, they will begin to sell off all of the inventory in the 568 Fashion Bug stores in the United States.

    The Charming Shoppes unit will be divested and fully closed.

    As part of the process, Fashion Bug has retained more than 5,900 store and district personnel to assist in operating the stores through the completion of the sale process.
     

  • Tough Economic Times Make for Strange Retail Partnerships

    By Kathy Gersch, [email protected]

  • Delhaize names former Wendy’s CEO as new chief

    Salisbury, N.C. -- Grocery parent Delhaize said Friday it has named former Wendy’s and Arby’s CEO Roland Smith as president and CEO of Delhaize America and executive VP of Delhaize Group. Smith succeeds retiring CEO Ronald C. Hodge, effective Oct. 15.

    Hodge will continue to serve the company in an advisory capacity.

    Delhaize America operates supermarkets under the Food Lion, Hannaford and Sweetbay banners.
     

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