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Labor & Employment

  • Ex-Apple exec fulfills dream, becomes JCPenney CEO

    PLANO, Texas — Things just got a whole lot more interesting in the mid-tier department store space now that JCPenney has hired former Apple executive Ron Johnson to be its CEO. Johnson is a former Target merchandising executive who for the past 11 years oversaw the growth of Apple’s wildly successful and widely heralded retail operation.

  • Jarden names new CEO

    RYE, N.Y. — Jarden Corp., a manufacturer of a variety of branded consumer products, announced that James Lillie was named CEO effective immediately.  Martin Franklin, formerly chairman and CEO of Jarden Corp., will serve as executive chairman, overseeing corporate strategy, including growth initiatives, corporate culture and philosophy.

  • Hitachi names new sales exec

    Hitachi Power Tools has appointed Tim Hawkins as its director of home center sales for North American business, effective June 1. Hawkins previously served as director of outdoor power equipment for Hitachi Power Tools & Tanaka Power Equipment (a brand within the Hitachi Power Tools group). Prior to then, he was regional manager over the central United States for Hitachi. Hawkins first joined the company in 1998. 

  • Apple’s Ron Johnson to become CEO of J.C. Penney

    New York City -- Ron Johnson, credited with building Apple’s retail empire, is leaving the high-tech company to become CEO of J.C. Penney Co.

    Johnson, who served as senior VP of retail for Apple, will assume the chief executive role on Nov. 1. He will report to current CEO Myron (Mike) Ullman, III, who will become executive chairman. Johnson will also join the company's board, effective Aug. 1.

  • South Africa makes aggressive intervention in Wal-Mart bid

    Johannesburg, South Africa -- A Tuesday report by Bloomberg said that South Africa’s Economic Development Ministry made an “aggressive intervention” in Wal-Mart Stores’ bid to buy a stake in Massmart Holdings Ltd.

    South Africa’s Trade, Economic Development and Agriculture Ministries made a joint bid to the Competition Tribunal to force Wal-Mart to restrict imports if it buys a controlling stake in Johannesburg-based Massmart, concerned about job losses.

  • Report: Spending Index declines in May

    New York City -- A report released Tuesday by Deloitte said that consumer spending continued its decline in May, weighed down by a sharp rise in unemployment claims.

    The Deloitte Consumer Spending Index, which tracks consumer cash flow as an indicator of future consumer spending, fell to 2.66%, from a gain of 3.29% in April. The Index is comprised of tax burden, initial unemployment claims, real wages and real home prices.

  • Advance Auto Parts names president of International business

    ROANOKE, Va. — Advance Auto Parts announced that Jim Durkin will join Autopart International as president. 

    “Jim is an experienced executive with a great track record of success in delivering results by building and developing strong teams that sustain their performance over time. We are very excited about the leadership skills he will bring as we continue our growth,” said Roger Patkin, CEO of AI.

  • Kroger names diversity leader

    CINCINNATI — Kroger has named Reuben Shaffer chief diversity officer, effective immediately. Shaffer will report to Kroger's chairman and CEO, David Dillon.

    Shaffer, 60, has been serving as the VP retail operations for the Cincinnati/Dayton division. He began his career with Kroger in 1988 and has held various leadership positions in the organization.

  • Shareholders express their dissent in different ways

    All board members were re-elected by an overwhelmingly large margin, however some shareholders expressed a dislike for Anne Mulcahy as she drew the largest number of negative votes by a wide margin.

    Mulcahy is probably best known as CEO of Xerox from 2001 to 2009, and she also served as chairman of the company’s board from 2002 to 2010. She currently chairs the board of trustees of the Save The Children Foundation and serves as a director of The Washington Post Company and Johnson & Johnson. She is a past director of Citigroup.

  • Macy’s workers in four New York stores vote to strike

    New York City -- Local 1-S of the Retail, Wholesale and Department Store Union announced that more than 4,000 union workers at Macy's Manhattan flagship and three other New York locations have voted to strike if a new contract is not reached by midnight on Wednesday.

    The other stores are in the Bronx, Queens and Westchester County.

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