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Labor & Employment

  • Best Buy hit with security breach

    New York City -- For the second month in a row, Best Buy had to tell customers that their email addresses were compromised.

    The chain said that a former business partner’s files containing email addresses of some Best Buy customers were accessed without authorization. Best Buy said it would take legal action but it did not name the vendor involved.

  • Gap design EVP out as company looks to revamp division

    SAN FRANCISCO -- Gap Inc. announced that Patrick Robinson, EVP Gap global design for adult and body, is leaving the company, effective immediately.

    “After spending the last three months in New York with the Creative team, I have made the decision to make a change within our Gap Adult design team,” said Pam Wallack, head of the Gap global creative center in New York.

  • Head designer out at Gap

    New York City -- Gap said its chief design director, Patrick Robinson, is leaving the company effective immediately. He had been executive VP of Gap Global Design for Adult and Body for four years.

    The company said it will conduct a search for a successor.

    Pam Wallack, head of the Gap Creative Center, made the decision to oust Robinson and will manage the design teams in the interim.

    His departure follows a series of management shuffles and organizational changes aimed at reviving sagging sales of the brand.
     

  • Big 5 Q1 sales lower than expected

    EL SEGUNDO, Calif. -- Big 5 Sporting Goods reported that for the fiscal 2011 first quarter, net sales were $221.1 million, compared with net sales of $218.5 million for the first quarter of fiscal 2010. Same-store sales decreased 0.9% for the first quarter of 2011 versus the comparable period in the prior year. This compares to a same-store sales increase of 2.4% in the first quarter of 2010.

  • Opinion: The hidden dangers of monitoring returns

    For years, many retailers have at least informally been on the lookout for customers who abuse the return transaction process, and in some cases, declined to engage in further business with customers perceived to be engaging in abusive or even fraudulent return transactions. With the recession, and advanced technology, many retailers are either tightening their return transaction policies and/or their processes for identifying abusive return transaction patterns.

  • New leadership named at P&G

    CINCINNATI -- The Procter & Gamble announced the following organizational changes:

    Edward Shirley, vice chairman beauty and grooming, will retire from P&G, effective Jan. 1, 2012, after 33 years service.  Until that time, effective July 1, Shirley has been named vice chairman on special assignment, continuing to report to Robert McDonald, chairman of the board, president and CEO.  

  • NACDS honors Mary Sammons, Tom Ryan with lifetime achievement awards

    SCOTTSDALE, Ariz. — On the final evening of the National Association of Chain Drug Stores Annual Meeting in Scottsdale, the association for the first time honored two individuals in the same year with the Sheldon W. Fantle Lifetime Achievement Award: Mary Sammons, chairman of Rite Aid, and Tom Ryan, chairman of CVS Caremark.

  • Walmart to open dozens of stores in South Carolina

    Columbia, S.C. -- Walmart plans to open dozens of new stores throughout South Carolina during the next five years, adding more than 4,000 jobs. Bill Simon, president and CEO of Walmart U.S., announced plans for the new stores at an event at the new South Carolina Farmers Market, in Columbia, S.C.

    The new stores will include energy-efficient technology and sustainable features to reduce energy and water consumption and minimize waste.

  • Big Five Q1 income slides 54%

    El Segundo, Calif. -- Big 5 Sporting Goods Corp.’s first-quarter net income fell 54% and missed analysts' expectations because of increased expenses as customer traffic declined.

    The company also gave a second-quarter earnings outlook much lower than Wall Street's view.

    Big 5 reported late Tuesday that it earned $2.8 million for the period ended April 3, down from $5 million a year ago.

  • Maine House votes to repeal law banning big-box stores from downtown areas

    New York City -- The Maine House on Wednesday voted to effectively repeal the Informed Growth Act, a law that was enacted four years ago to protect Maine's downtown business districts from big-box stores, The Portland Press Herald reported.

    The vote, while a preliminary one, followed an impassioned debate about the character of Maine's traditional downtowns and whether Wal-Mart and other large national chains have hurt local businesses or have helped them by attracting more people to communities, the report said.

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