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Labor & Employment

  • Consumer confidence falls in September

    New York -- Consumer Confidence decreased in September amid resurfacing concerns about the short-term outlook for both jobs and earnings, according to The Conference Board’s Consumer Confidence Index. The index, which had increased slightly in August, now stands at 79.7, down from 81.8 in August. Analysts had expected the index to fall to 79.9 this month.

    The Present Situation Index grew to 73.2 from 70.9. The Expectations Index fell to 84.1 from 89.0 last month.

  • Wal-Mart ups holiday hiring 10%, with plans to hire 55,000 temporary workers

    Bentonville, Ark. -- Wal-Mart Stores, Inc. plans to hire 55,000 seasonal associates for the 2013 holiday season, up from 50,000 last year. In addition, the retailer intends to transition more than 35,000 associates from temporary to part-time and another 35,000 associates from part-time to full-time.

  • Weis Markets CEO resigns; vice chairman named interim chief executive

    Sunbury, Pa. -- Weis Markets announced that company president and CEO David J. Hepfinger has left the company to pursue other interests. Company vice chairman Jonathan H. Weis replaces him as interim CEO. Robert F. Weis remains as company chairman.

    Hepfinger has also resigned from the company's board of directors. As part of the reorganization, Kurt Schertle, executive VP, sales and merchandising will report directly to Weis who will also oversee the company's real estate/store development, finance and human resources' teams.

  • McAlister’s Deli names franchise vet chief development officer

    Alpharetta, Ga. – McAlister’s Deli has named Jeff Sturgis as chief development officer. Sturgis has more than 17 years of experience in the franchise industry, including working as a consultant as well as senior management and development positions with Fantastic Sams Hair Salons and Focus Brands.

    Sturgis will lead development functions including franchise sales, real estate, store design and construction.

  • Burger & Beer Joint plans 50-store expansion

    Jupiter, Fla. — Burger & Beer Joint has announced plans for an expansion of 50 stores through franchised and corporate units over the next few years. The expansion is already well underway.

    The company recently opened a third store in South Florida and has signed a 10-store franchise agreement to open stores throughout Florida and Georgia.

     

  • Challenger details holiday hiring trends

    New York -- Shaky consumer confidence and increased efficiencies among retailers may put a damper on retailers’ holiday hiring plans, according to global outplacement consultancy Challenger, Gray & Christmas.

    In its annual holiday hiring forecast, Challenger estimated that seasonal job gains will not see a significant decline from last year’s robust numbers, but they are likely to at best match the level of hiring that occurred in October, November, and December 2012.

  • The IAM Checklist: Retail Identity and Access Governance Best Practices for Success

    Imagine you are at in a major department store’s corporate headquarters as your team prepares numbers for the upcoming holiday season. The frenetic pace of retail holiday hiring can frazzle even the most experienced manager, and diligently checking every box in the employee onboarding process can seem laughably optimistic in the rush to find, hire and get as many employees as possible going in a matter of days.

  • CBRE Group appoints global president of capital markets

    Los Angeles — CBRE Group has appointed Chris Ludeman global president of Capital Markets.

    Ludeman will oversee the global growth and integration of CBRE’s Capital Markets Service business line, which includes Investment Sales, Debt & Structure Finance and Capital Advisors activities worldwide, working with CBRE’s Capital Markets leaders around he world.

    A 33-year veteran of CBRE, Ludeman most recently served as president of the Capital Markets business in the Americas.

     

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