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Labor & Employment

  • Perdue Partners acquires family-owned logistics company

    ATLANTA — Perdue Partners has aquired Atlanta-based logistics company Benton Express.

  • Gap to build new store in Miami

    Miami Beach, Fla. -- Terranova Corp. has signed a lease with Gap, providing a temporary store for the retailer while it builds its new multi-story location on Lincoln Road in Miami.

    Gap will open a new location just off Lincoln Road at 1669 Meridian Ave., two blocks away from Gap’s current location at 1001 Lincoln. The existing Gap will close by early 2013, when Gap will begin redeveloping the building into a two-level, 20,000-sq. ft. flagship store. During construction, Gap will stay open for business at the Meridian Avenue location.

  • Lowe's continues down transformation road

    New York -- Mooresville, N.C.-based Lowe’s is telling investors and analysts that changes are in the works, a message it has delivered steadily over the last several quarters.

  • Target exec joins Verizon board

    NEW YORK — Verizon Communications has elected Kathryn A. Tesija, EVP of merchandising and supply chain at Target to the Verizon board of directors, effective immediately.

    "Kathee Tesija brings to Verizon her valuable consumer insight as well as significant experience in managing the complex, large-scale, global retail functions of merchandising and supply chain," said Lowell C. McAdam, Verizon chairman and CEO.

    The addition of Tesija brings Verizon's total board membership to 12.

  • Target exec elected to Verizon's board of directors

    New York — Verizon Communications has elected Kathryn A. Tesija, EVP merchandising and supply chain at Target to the Verizon board of directors, effective immediately.

    "Kathee Tesija brings to Verizon her valuable consumer insight as well as significant experience in managing the complex, large-scale, global retail functions of merchandising and supply chain," said Lowell C. McAdam, Verizon chairman and CEO.

    The addition of Tesija brings Verizon's total board membership to 12.

  • Carriers consolidate to enhance southern services

    The Arnold Transportation division of U.S. Xpress Enterprises will merge with LinkAmerica Corp. to create a trucking company with 1,400 vehicles, 5,000 trailers and 1,800 drivers.

    The combined company will operate under the Arnold name and will be jointly owned and operated by Arnold parent company U.S. Xpress and LinkAmerica’s private equity owner Tenex Capital Management.

    The deal extends Arnold's dominance in the regional market with increased capacity and a service footprint that expands to new geographies in southern states.

  • Dick's Sporting Goods to pay special dividend ahead of fical cliff

    New York -- Dick’s Sporting goods will pay $2 special dividend before year end in a move to help investors avoid what are presumed to be higher dividend tax rates in 2013 and beyond.

    The dividend payment will be made from cash on hand, according to the company.

  • Schimenti expands headquarters

    Ridgefield, Conn. -- Schimenti Construction announced it has completed an expansion of its company headquarters in Ridgefield, Conn., doubling the size of the space from 10,000 sq. ft. to 20,000 sq. ft.

    The expansion also includes a redesign of the main floor with the creation of a new reception area. A new executive conference room has been added on the first floor, as well as new waiting areas on both floors. A training space has been incorporated into the new design and a new employee café features a Starbucks coffee bar.

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