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Labor & Employment

  • Aaron's plans to create almost 1,000 jobs in U.S., Canada in 2011

    Atlanta -- Aaron’s said Tuesday that it plans to create nearly 1,000 jobs in the United States and Canada this year. The lease-to-own retailer said it has added 50 workers so far this year and is on schedule to hire 500 more based on current store opening plans.

    An additional 75 franchised stores is expected to create about 400 jobs.

  • Kohl's to open Maryland DC

    Menomonee Falls, Wis. -- Kohl's Corp. said Tuesday that plans to open a distribution center in July in Maryland that will create about 1,200 jobs over the next three years.

    According to the retailer, the Edgewood, Md., DC will fulfill online orders. Kohl’s anticipates hiring more than 200 full- and part-time employees when the center opens in July.

    With the newest DC, Kohl's will have a total of 12 distribution centers across the United States.

  • Wal-Mart sex discrimination case hits possible court block by Supreme Court

    Washington, D.C. -- The nation’s court is set to hear arguments on Tuesday in a decade-old legal fight that could cost Wal-Mart Stores billions of dollars if the 500,000 women claiming sex bias are allowed to band together in a class action.

    Wal-Mart is asking the U.S. Supreme Court to end the massive sex discrimination lawsuit in which the women are claiming that the retailer favors men over women in pay and promotions.
     

  • Brown-Forman names managing director for Western Europe division

    LOUISVILLE, Ky. -- Brown-Forman announced today the appointment of Lawson Whiting as managing director Western Europe, based in London, effective May 1.

  • Charming Shoppes to close 240 stores

    Bensalem, Pa. -- Charming Shoppes said it would close 240 unprofitable stores in 2011, or nearly 12% of its total outlets, and that more than half of those would be Fashion Bug stores.
     
    The locations were not disclosed.

    The company said all 30 of its Catherines Plus Sizes stores in outlet locations would be shuttered over a two-year period.
     

  • Beyond market multiples: Increasing the value of your company before the sale

    By Kenneth H. Marks, [email protected]

    Great news! After a long drought of M & A activity, the market for private companies is showing signs of life and recovery. If you own, operate or advise a middle market company, $5 million to $500 million in revenue, what does this mean for you and your clients when thinking about shareholder liquidity or selling the business? And how can you improve the odds of getting a deal done?

  • Report: U.S. consumer spending up in February, economy on ‘firmer footing’

    Washington, D.C. -- A report released Monday by the Commerce Department showed that consumer spending in the United States rose more than forecast in February as incomes climbed.

    Bloomberg News estimated spending would advance 0.5%.

    Purchases increased 0.7%, the most since October, after advancing 0.3% the prior month. Incomes increased 0.3%, less than the 0.4% projected.

  • Safeway earns award for philanthropic efforts

    PLEASANTON, Calif. -- Safeway Inc. announced that it was recognized this week by the Association of Fundraising Professionals with the organization's 2011 Freeman Philanthropic Services Award for Outstanding Corporation.

  • Safeway earns award for philanthropic efforts

    PLEASANTON, Calif. -- Safeway Inc. announced that it was recognized this week by the Association of Fundraising Professionals with the organization's 2011 Freeman Philanthropic Services Award for Outstanding Corporation.

  • Delia's names two new board members

    NEW YORK -- Teen fashion retailer Delia's has announced the appointment of two shareholder representatives to its board of directors effective March 25. The two new directors are Michael Zimmerman, the founder and CEO of Prentice Capital Management, LP, and Mario Ciampi, the managing partner of Prentice Capital Management, LP. Zimmerman will also serve as a member of the corporate governance and nominating committee, and Ciampi will be a member of the compensation Committee.

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