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Labor & Employment

  • Former Target exec joins logistics company

    SANTA FE SPRINGS, Calif. — Weber Logistics, a third party logistics company in the Western United States, has named former Target human resources manager, Sheila Jordan, as its new VP human resources. Jordan will report to Weber’s CEO, Harry Drajpuch, and be responsible for all human resource-related activities, including hiring, training, associate development and administration, for employees across Weber’s 17 distribution centers and freight terminals.

  • Avenue shuttering up to 120 stores

    New York -- As plus-size apparel retailer Avenue Stores emerges from bankruptcy under new ownership, it will do so with a much streamlined store presence.

    Paul Halpern, chief investment officer of Versa Capital Management, which bought the chain out of Chapter 11 bankruptcy in February for $32 million, said the current store count of 415 to 420 will be reduced to about 300 to assure profitability.

  • Study: Retail employee turnover increasing

    Philadelphia -- Management consulting firm Hay Group reported Tuesday that employee turnover levels in the retail industry are on the rise.

    According to a new survey from Hay Group, an improving job market and solid first quarter sales are impacting turnover. Retailers report a median turnover rate of 67% for part-time store workers, a 33% increase over 2011. One in five retailers report that they have experienced more turnover in the first part of 2012.

  • Lowe’s realigns leadership toward improved customer experience

    Mooresville, N.C. -- Lowe’s Cos. said Tuesday it has realigned corporate personnel and responsibilities to focus the home improvement retailer more closely on customer experience strategies.

    Lowe’s established a Customer Experience organization, led by chief customer officer Gregory M. Bridgeford, charged with creating customer experiences that will best serve customers and differentiate Lowe’s from its competitors.

  • DSW adds to urban presence with new downtown Chicago store

    Columbus, Ohio -- DSW Inc. said Tuesday that its newest store, located in the State Street shopping district of downtown Chicago, is slated to open on May 10, bringing the shoe retailer’s total downtown Chicago store count to two and 17 in Chicagoland.

    The new two-level store features 25,000 sq. ft. of space.
     

  • We don’t need no stinking badges – WMT execs guilty!

    The California State Teachers’ Retirement System (CalSTRS) this week filed a lawsuit against current and former Walmart executives stemming from the April 22 New York Times article, which chronicled the company’s alleged use of bribes to accelerate expansion in Mexico and efforts by top executives to quash an investigation when the situation was called to their attention.

  • Weis delivers Q1 income growth on increased productivity

    SUNBURY, Pa. — Weis Markets experienced a jump in its net income and operating income during the first quarter ended March 31, the retailer said.

  • Harris Teeter sees 2Q sales boost

    CHARLOTTE, N.C. — Supermarket retailer Harris Teeter experienced a boost in second-quarter sales, as well as sales for the first half of fiscal year 2012, the company said.

    Sales for the second quarter ended April 1, sales rose 6.7% to $1.12 billion, compared with the year-ago period, while the 26-week period experienced a sales boost of 7.6% to $2.24 billion, compared with the same period last year.

  • New promotions light up Yankee Candle finance, administration departments

    SOUTH DEERFIELD, Mass. — The Yankee Candle Company has announced that Gregory Hunt is resigning as EVP finance and CFO, effective as of May 15, 2012.  Hunt, who joined Yankee Candle in 2010, is leaving to join a leading New York based financial services firm.

  • Second largest U.S. public pension fund files suit against Wal-Mart

    New York -- The California State Teachers' Retirement System (CalSTSR), the second largest U.S. public pension fund, has filed a lawsuit against current and former Wal-Mart Stores’ executives and board members over mishandling of allegations that officials knew about a bribery campaign in Mexico and covered it up. The fund holds more than 5.3 million shares of Wal-Mart.

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