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Labor & Employment

  • New execs named at Zale Corp.

    DALLAS -- Zale Corp. announced that Jeannie Barsam has been named SVP merchandise planning and allocation, and Toyin Ogun has been named SVP human resources and customer service.

    “Jeannie and Toyin add both critical experience and depth to our leadership team,” said Theo Killion, CEO. “These appointments exemplify the strategic investments we are making in organizational capability to drive our turnaround initiatives.”

  • Rising gas prices not only factor driving supply chain costs

    WASHINGTON — The National Retail Federation warned federal transportation officials that transportation costs would increase by up to 20% in some cases if a proposal to limit the number of hours truck drivers spend behind the wheel each day goes into effect.

    In addition to dramatically increasing costs, the safety proposal also would make highways a little less safe for the general public by putting more trucks on the road during the most congested hours, the NRF argued.

  • Tiffany's get new leader for overseas markets

    DUBAI -- Tiffany and Co. announced it has named Frederic Cumenal as EVP effective March 10. Cumenal will be responsible for the company's businesses in Asia, Japan, Europe and emerging markets, and will report to chairman and CEO Michael Kowalski.

    Cumenal joins Tiffany from the LVMH Group where most recently he was president and CEO of Moet and Chandon, S.A.

  • NRF: Shorter hours for truck drivers would increase costs and congestion

    Washington, D.C. -- The National Retail Federation told federal transportation officials this week that a proposal to limit the number of hours truck drivers spend behind the wheel each day would increase costs for businesses and consumers while undermining intended safety benefits by putting more trucks on the road during the most-congested hours.

  • Edens & Avant makes executive appointments

    Columbia, S.C. -- Edens & Avant has announced the promotion of Carol Hall to VP portfolio management. In her new position, she will be responsible for creating value through the delivery of technology-enabled process and analytical tools to the investment management, property management and leasing teams.

  • Creditors object to Blockbuster’s plan to sell itself

    New York City -- Some landlords, vendors and other unsecured creditors of Blockbuster are objecting to Blockbuster's plan to sell itself because they fear they won't be paid what they are owed, according to the Associated Press.

    A hearing to approve the stalking horse bid and auction was originally scheduled for Wednesday, but was postponed late Tuesday until March 10 while the judge considers the objections.

  • Zale makes executive appointments

    Dallas -- Zale Corp. announced that Jeannie Barsam has been named senior VP merchandise planning and allocation. She was most recently senior VP planning, allocation and company planning for Charlotte Russe.

    In other appointments, Zale named Toyin Ogun as senior VP human resources and customer service. Prior to that, he was senior VP human resources, L.L. Bean.

  • Family Dollar rejects takeover bid

    Matthews, N.C. -- Family Dollar Stores on Thursday said its board rejected a takeover bid by an activist investor, saying it "substantially undervalues the company." In February, Nelson Peltz's Trian Fund offered $55 to $60 per share, or about $6.99 billion, for Family Dollar.

    The chain said it also adopted a shareholder rights plan, commonly called a "poison pill," that would significantly dilute shares if a takeover attempt proceeds.

  • Loehmann's names interim CEO, restructures board

    NEW YORK -- Following its emergence from bankruptcy, Loehmann's announced some executive changes. According to the company, CEO Jerald Politzer, who guided the company through this successful bankruptcy process, has chosen to leave Loehmann's. Joe Melvin, the company's COO and CFO will assume the role of interim CEO.

  • Fresh & Easy officially opened in NoCal

    SAN JOSE, Calif. -- Fresh & Easy Neighborhood Market has entered Northern California with the opening of its first store in San Jose. The grocer also opened another Bay Area store in Danville today.

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