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Labor & Employment

  • Borders seeks to liquidate, close all 399 stores

    Ann Arbor, Mich. -- Borders Group, which had been holding out hope that a buyer would come forward to save the company, said late Monday it will seek court approval Thursday for a liquidation led by Hilco Merchant Resources and Gordon Brothers Group.

    The bookseller said that, with approval by the U.S. Bankruptcy Court of the Southern District of New York, it could begin shuttering its 399 remaining stores as early as Friday, and it is expected to go out of business for good by the end of September.

  • Walmart names new real estate executive

    Bentonville, Ark. -- Karen Roberts was named executive VP and president of Walmart Realty on Friday, filling a position vacated by the company’s long time real estate executive Eric Zorn who retired after a 20-year career.

    Roberts most recently served as senior VP and chief compliance officer. She will report to Tom Mars,  executive VP and chief administrative officer, whose responsibilities were expanded to include oversight of real estate in the wake of Zorn’s retirement.

  • Survey: Fewer people applying for retail jobs

    Chemsford, Mass. -- Fewer people applied for jobs in the retail sector in June, according to the July Kronos Retail Labor Index.  The July report includes data for June 2011.

    The number of applications received by retailers in the Kronos sample fell sharply in June 2011, to just 900,164 from a revised 1,149,879 in May, all on a seasonally adjusted basis. This was the lowest number of applications received since November 2007 and nearly 17%  below its level one year ago. 

  • President of Build-A-Bear Workshop to retire

    New York — John Haugh announced that he plans to retire as president of Build-A-Bear Workshop Inc., effective July 22, according to a company filing with the Securities and Exchange Commission.

    A successor has not yet been named.

  • Gordon Brothers names new CEO

    Boston -- Gordon Brothers Group announced that Gary M. Talarico joined the firm as president and CEO reporting to the Board of Directors. Michael Frieze will assume the role of chairman, board of directors. 

    Prior to joining Gordon Brothers Group, Talarico he was managing partner of Cora Street Partners, an advisory boutique. From 2004 to 2009, he was a managing director of Sun Capital Partners.

  • President of Safeway's Dominick's division resigns

    PLEASANTON, Calif. — Safeway announced Thursday that the president of its Chicago-area Dominick’s Finer Foods division, Don Keprta, has resigned.

    “Don has contributed significantly to the Dominick’s stores. His commitment and innovation helped the stores evolve to best serve the Chicagoland customers. We are fortunate that he has produced a team that is prepared to continue to build on our current momentum,” said chairman, president and CEO Steve Burd.

  • NRF: June sales mark 12 consecutive months of growth

    Washington, D.C. — A report released Thursday by the National Retail Federation, which expanded on earlier news by the U.S. Commerce Department, showed that warm weather, reduced gas prices and strong Father’s Day promotions helped power retail sales for the 12th consecutive month and past Wall Street expectations.

    According to the NRF, retail industry sales (which exclude automobiles, gas stations, and restaurants) in June increased 0.3% seasonally adjusted from May and 5.5% unadjusted year-over-year.

  • Build-A-Bear president resigns

    St. Louis — Build-A-Bear Workshop Inc. president John Haugh said Thursday that he will resign as the company’s president, as reported by the St. Louis Business Journal.

    Haugh’s resignation is effective July 22, according to an SEC filing. His successor hasn’t been named, but current duties will be filled in the interim by Chief Financial and Operations Officer Tina Klocke, Chief Entertainment Officer Teresa Kroll and Chief Executive Maxine Clark.

    Haugh has been at the helm since 2009.

  • Coyote Management names Chapel Hills Mall marketing director

    Addison, Texas — Coyote Management, L.P. said that Jennifer Hillard will join Coyote Management starting July 18 as the new marketing director at the1.2-million-sq.-ft. Chapel Hills Mall, located in Colorado Springs, Colo. 

    Hillard was previously field communications manager/field trafficking manager at General Growth Properties, Chicago.     

  • Dominick’s president resigns

    Pleasanton, Calif.— Safeway Inc. announced that the president of its Chicago-area Dominick’s Finer Foods division, Don Keprta, has resigned. Brian Baer, Dominick’s CFO and VP of finance, will assume the role of acting president of Dominick’s.

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