Labor & Employment

Arlington, Va. – In a letter sent Thursday to President Barack Obama, RILA President Sandy Kennedy argued that the Administration’s failure in a timely manner to provide employers with formal guidance on the most basic of implementation rules for the Affordable Care Act (ACA) jeopardizes employer-sponsored healthcare coverage.

“RILA is extremely concerned that when formal guidance is finally released, employers will not have ample time to plan, budget and implement changes in order to comply with the new law,” said Kennedy.

New York -- Stuart Weitzman said Thursday that it has promoted Susan Duffy from senior VP global marketing to the position of chief marketing officer, as part of the luxury retailer’s plan for new market expansion.

As CMO, Duffy is charged with leading marketing, advertising, public relations and social media to ensure the branding message is consistent across all worldwide communications platforms.

New York -- The National Retail Federation on Wednesday said it looked forward to continuing to work with President Obama and the new Congress toward the goal of putting Americans back to work and ensuring that the nation’s economy remains the strongest in the world.

WASHINGTON — President Obama is back for another term, and whether or not the National Retail Federation supported his re-election, the group said it is ready to work with him on key issues facing the retail industry.

The National Retail Federation Wednesday released the following statement from President and CEO Matthew Shay on the re-election of President Obama:

By Jason Hamilton, [email protected]

Washington -- The National Retail Federation released the following statement from President and CEO Matthew Shay on the re-election of President Obama:



New York -- Cache reported Tuesday a loss of $6.4 million for the quarter ended Sept. 29, widened from a loss of $1.8 million in the year-ago period.

Sales dropped 5.9% to $45.8 million, and same-store sales declined 2.9%.

The retailer is currently on a hunt for a new president.

Boca Raton, Fla. -- Office Depot Inc. reported Tuesday a loss of $61.9 million for the third quarter, compared with net income of $100.9 million in the same period last year. Results still edged analysts’ expectations.

Revenue dropped 5.1% to $2.69 billion, missing Wall Street’s expected $2.89 billion revenue mark.

Revenue for the office supply chain has fallen for the past three quarters.