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Labor & Employment

  • Former Express exec new VP, HR at Quantum Health

    COLUMBUS, Ohio — Quantum Health has appointed former Express executive Elliott R. Tobias as the company’s VP of human resources.

     

  • Brookstone names executive chairman

    Merrimack, N.H. -- Brookstone announced the appointment of William E. Watts as the company's new executive chairman of the company's board of directors, effective immediately.

    Watts has been a partner of J.W. Childs Associates since June 2001. Previously, he was president and CEO of GNC from 1991 until 2001.

  • Despite Q1 net sales decrease, Wet Seal has positive outlook

    FOOTHILL RANCH, Calif. — The Wet Seal’s CEO focused on the positive following the company’s first quarter results for the period ended May 4.

  • ‘External pressures’ lead to Q1 net loss for A&F

    NEW ALBANY, Ohio — Abercrombie & Fitch shrunk its net loss during the first quarter of 2013 but still reported thin financial results. Net loss for the quarter was $7.2 million, compared to $21.3 million during the first quarter of 2012. The results missed analysts’ estimates.

    Net sales dropped 9% from $921.2 million to $838.8 million. Same-store sales plummeted 17%. Direct-to-consumer sales fell 6%. U.S. same-store sales fell 14%; international comparable sales were down 16%.

  • Wal-Mart set to hire vets

    Bentonville, Ark. – Wal-Mart has launched an initiative to hire any honorably discharged US military veteran within the first 12 months after they have been on active duty. Through a program dubbed Veterans Welcome Home Commitment, Wal-Mart anticipates hiring more than 100,000 veterans by 2018.

  • Dole upgrades its vessel fleet

    WESTLAKE VILLAGE, Calif. — Dole Food Company’s board of directors has approved a proposal to update the company’s owned vessel fleet, with the acquisition of three new specialty built refrigerated container ships for its U.S. West Coast operations, costing approximately $165 million, for a phased delivery between 2015 and 2016.

  • Office Depot, Office Max select BCG for integration support

    Boca Raton, Fla. – Office Depot Inc. and OfficeMax Incorporated have selected The Boston Consulting Group (BCG) to provide integration support for the two companies’ pending merger. BCG will provide a dedicated onsite support team and work with management from both companies to establish a detailed integration plan and establish an overall vision and priorities for the merger.

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