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Labor & Employment

  • Bad weather washes out Lowe's Q2 sales, earnings

    The country's second largest home center chain posted sales of $12.2 billion in its first quarter ended April 29. That's down 1.6% as the one-two punch of bad weather and weak economy took its toll.

    The company's earnings also declined -- down 5.7% to to $461 million. Comparable store sales were down 3.3%.

  • Hershey names SVP, chief people officer

    HERSHEY, Pa. — Kevin Walling has joined confectioner Hershey's team as its SVP and chief people officer, effective June 1.

    In his new role, Walling will serve as the chief architect for Hershey’s human resources, talent retention, development and recruitment, as well as total rewards strategies.

    Walling, who joins Hershey from global technology and manufacturing company Kennametal, will report to Hershey president and CEO David West.

  • Deloitte Consumer Spending Index reports sharp decline

    NEW YORK — The Deloitte Consumer Spending Index, which tracks consumer cash flow as an indicator of future consumer spending, fell to 3.16% from an upwardly revised gain of 3.78% a month ago.

    The index showed the largest single month decline since November 2007.

    Deloitte said that the index, which is comprised of four components — including tax burden, initial unemployment claims, real wages and real home prices — saw a drop due to "a sharp deterioration in real wages coupled with a rise in jobless claims."

  • Levi's names head of Dockers brand

    SAN FRANCISCO — Levi Strauss & Co. announced that it has named Anne Rohosy as EVP and president global Dockers.

    As Dockers president, Rohosy will be responsible for all product, marketing and business operations for the global khaki brand, reporting to Levi Strauss & Co.pPresident & CEO John Anderson. She moves to this Dockers leadership position after two years as a SVP, overseeing Levi’s brand commercial wholesale operations in the Americas. Prior to joining Levi Strauss & Co., she spent 15 years with Nike.

  • Deloitte Consumer Spending Index slides in April

    New York City -- Falling real wages and rising jobless claims in April contributed to largest single month drop in the Deloitte Consumer Spending Index since November 2007. The Index, which tracks consumer cash flow as an indicator of future consumer spending, fell to 3.16% from an upwardly revised gain of 3.78% a month ago.

  • Dillard’s to pay $50,000 in age discrimination case

    New York City -- Dillard’s will pay $50,000 and provide additional, unspecified relief to settle an age discrimination lawsuit filed by the U.S. Equal Employment Opportunity Commission (EEOC), the Triangle Business Journal reported.

  • Men’s Wearhouse treats its 14,000-plus employees to pizza

    Houston -- The Men's Wearhouse surprised more than 14,000 employees with pizza delivery to every store across North America. To thank employees for their hard work and dedication, more than 42,400 slices of pizza were delivered to more than 1,200 Men’s Wearhouse, MW Cleaners, and K&G Fashion Superstore locations in the United States and Moores Clothing for Men stores in Canada.

  • Report: Wal-Mart and Massmart may end talks

    New York City -- Wal-Mart Stores may give up its quest to buy a controlling stake in South Africa’s Massmart Holdings Ltd., if South Africa forces local procurement conditions on the retailers, the companies said, the Associated Press reported.

  • Small format plot thickens with exec departure

    Santiago Roces left Walmart with little fanfare or the issuance of a press release last month, which isn’t uncommon for executives at the SVP level at the company the size of Walmart. Nevertheless, the timing of the departure certainly seems curious given that Roces was the guy with the words “small format” in his title and Walmart is about to open the first of its Walmart Express stores and rebrand Neighborhood Market as Walmart Market.

  • Craft & Hobby Association announces CEO departure

    ELMWOOD PARK, N.J. — The Craft & Hobby Association (CHA) board of directors has announced the departure of Steve Berger as president and CEO of CHA. The board of directors will immediately begin a search for a new chief executive. No timetable has been set for securing a replacement. In the interim, Tony Lee, VP meetings and expositions, will serve as acting president and CEO.

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