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Labor & Employment

  • Buffets appoints two senior executives

    Greer, S.C. -- Buffets, the parent company of six family style steak buffet restaurant chains, has named Chip Romp to the newly created position of VP Training and Jay Allen to Senior VP Real Estate and Development.

    A 20-year training veteran, Romp comes to the company from the Italian Fast Casual concept Fazoli’s, where he served as VP Training, Development & Ops Services. He also has training experience with Applebee’s International, Damon’s International and Jillian’s Entertainment.

  • Anheuser-Busch's Fort Collins brewery turns 25

    FORT COLLINS, Colo. — Anheuser-Busch’s Fort Collins brewery is celebrating its 25th birthday.

    The brewery took nearly three and a half years to construct, and according to the company was designed based on generations of brewmaster expertise. The state-of-the-art fixture has since undergone three expansions, with the last one having been completed April 2003, and which included a brewhouse renovation, additional grain silos, expansion of the fermentation and aging cellars, an additional warehouse and a new truck entrance.  

  • 99 Cents Only cleaning up inventory accounting

    For the second time in the past six years, 99 Cents Only said it was unable to file its annual report within the timeframe specified by the Securities and Exchange Commission.

    The company’s annual report on form 10-K for its fiscal year ended March 30 was due at the SEC no later than June 28. However, because of a range of inventory valuation issues identified by auditors and a new CFO, the company said it was unable to file the report without unreasonable effort or expense. The company did not indicate when it planned to file the report other than as soon as practicable.

  • GenSent Insights: Men’s Wearhouse image taking a bit hit online from Zimmer-board controversy

    Hicksville, N.Y. - The battle between the board of Men’s Wearhouse and its founder and former chairman, George Zimmer, continues to have a significant negative impact on the company’s online image.  According to a report by GenSent Insights, the company’s sentiment score, a measure of the tone surrounding a brand on a scale of -100 to +100, plummeted from an average of + 68 in mid-June to a low of -52.  The sentiment on Twitter alone fell from an uncommonly high score of +93 to a low of -80. 

  • Kid Brands board to see new face at annual meeting

    EAST RUTHERFORD, N.J. — Kid Brands' board is going to see some changes, following Hugh Rovit's announcement that he will not be seeking re-election as a director at the company's annual shareholders meeting.

  • Paula Deen loses another retail partner

    Hoffman Estates, Ill. - Sears Holdings on Friday joined the growing list of retailers and other companies severing ties with Southern celebrity chef Paula Deen in the wake of the controversy regarding her use of a racial slur. Both Sears and Kmart sold Paula Deen products.

    “After careful consideration of all available information, we have made the decision to phase out all products tied to the brand,” Sears said in a statement. “We will continue to evaluate the situation. Our members’ needs will be given first priority.’

  • Indian operations unsettled by executive departure

    Walmart said the head of its Indian operations left the company this week and named Ramnik Narsey, SVP of Walmart International, to serve as the interim leader for the company’s Indian business. To read more click here.

     

  • Zimmer strikes back again

    Fremont, Calif. – George Zimmer, the founder and executive chairman of Men’s Wearhouse who was stripped of his executive chairman title last week and has been engaging in a war of words with the retailer ever since, continued his verbal battle in an open letter released on June 26.

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