Labor & Employment

NEW YORK — Aeropostale, a mall-based specialty retailer of casual and active apparel for young women and men, announced that Emilia Fabricant will be joining the company as EVP of the Aeropostale brand. Fabricant will be responsible for all aspects of design, merchandising and production for the brand, and will report to Thomas Johnson, CEO.

New York -- Aeropostale announced that Emilia Fabricant will join the company as executive VP of the Aeropostale brand. She will be responsible for all aspects of design, merchandising and production for the brand.

On Aug. 17, Fabricant resigned as president of Bebe Stores, Prior to then, she served as president and chief merchandising officer of Charlotte Russe.
 

DALLAS — Tuesday Morning's net loss widened to $2 million, or 5 cents per diluted shared for its fourth quarter, from $1.4 million, or 3 cents per diluted share for the same period last year.

DALLAS — Karen Katz, president and CEO of The Neiman Marcus Group, announced that Joseph Weber will be joining the company Sept. 4, as SVP, chief human resources officer.  Weber will be responsible for all areas of human resources and loss prevention including associate relations, learning and development, recruitment, compensation, internal communications and benefits.

STERLING, Va. — Former Walmart executive David Hoodis has joined the corporate advisory board of Natural Insight, a private retail technology company engaged in workforce management.

“We feel privileged to have access to David’s respected experience in workforce innovation. His success with numerous leading retailers brings us an added perspective that enables us to stay even further ahead of market need,” stated Stefan Midford, president and CEO of Natural Insight in making the announcement.

Dallas -- Neiman Marcus Group said Tuesday it has named Joseph Weber as senior VP and chief human resources officer, effective Sept. 4.

Weber joins the retailer from Bank of America Corp., where he was most recently head of human resources EMEA, Latin America and Canada. 

Dallas -- Tuesday Morning Corp. said Monday that it lost $2 million in the quarter ended June 30, widened from a loss of $1.4 million in the same period last year. The retailer cited costs associated with terminating its CEO for the weakened showing.

Sales were nearly flat at $196.4 million, and same-store sales inched up a slight 0.2%. For the full year, the company recorded net income of $3.9 million, compared with $9.6 million in the prior year. Sales slipped 1% to $812.8 million.

Minneapolis -- Best Buy Co. reported Tuesday that profit for the second quarter tumbled 91% to $12 million, compared with $128 million in the year-ago period. Revenue declined nearly 3% to $10.55 billion, missing Wall Street’s estimated $10.65 billion in revenue. Same-store sales fell 3.2% overall, more than the 2.6% drop expected by analysts.

Mooresville, N.C.-based Lowe’s posted declines in net sales, comp-store sales and earnings in the second quarter ended Aug. 3.

“Our results fell short of our overall expectations,” said Robert Niblock, Lowe’s chairman, president and CEO. “However, I have confidence in our strategy and in our employees, and while we recognize the significant magnitude of change that we’ve asked the organization to absorb as we transform our business, we fully understand that we must improve our level of execution.”

Hubert Joly is the new CEO at Best Buy.

Best Buy named former food service and hospitality executive Hubert Joly as president and CEO even as uncertainty lingers regarding a possible leveraged buyout engineered by former chairman and founder Richard Schulze.

Joly joins Best Buy after serving since 2008 as CEO of Minneapolis-based Carlson, a global hospitality and travel company known for such brands as Radisson hotels and TGI Friday’s restaurants. From 2003 to 2007, he led Carlson’s travel division.