Labor & Employment

New York -- Hobby Lobby Stores Inc. filed a federal lawsuit on Wednesday challenging the mandate in the health care overhaul law that requires employers to provide coverage for the morning-after pill and similar drugs. Hobby Lobby calls itself a "biblically founded business" and its stores are closed on Sundays.

The Sam M. Walton College of Business at the University of Arkansas was ranked among the top 30 public undergraduate business schools in the most recent edition of U.S. News & World Report's "Best Colleges 2013."

Columbus, Ohio -- DSW Inc. said Thursday that it has been awarded $7.2 million as a result of litigation with its insurance carrier stemming from its credit card data breach in 2005.

The $7.2 million award represents damages plus accrued interest.

In other news, DSW has declared a special dividend totaling $91 million to be paid on Oct. 26 to shareholders. According to president and CEO Mike MacDonald, the special distribution, which is in addition to the regular dividend, represents “significant cash flow generation.”

Boston -- City Sports said Wednesday it has named Edward Albertian as president and CEO of the 21-store chain.

Albertian joins the company from Trans National Group, where he was president and CEO. He has also served as senior VP retail operations at Staples.

Albertian's appointment follows the departure of City Sports’ previous president and CEO Jeff Connor, who resigned last month.

Seattle -- It’s official: Nordstrom is expanding into Canada. The department store chain on Thursday announced that it will open its first full-line stores in Canada, starting in fall 2014. It named veteran Nordstrom executive Karen McKibbin, most recently VP president and regional manager of Northern California and Hawaii, as president of Nordstrom Canada.

Nordstrom said is partnering with commercial real estate company Cadillac Fairview Corporation Limited to lease four stores at shopping centers in Calgary, Ottawa, Toronto, and Vancouver.

New York -- The Jones Group Inc. said Wednesday it has appointed Kathy Nedorostek to the newly created position of group president, global footwear and accessories, effective mid-October.  

In her new position, Nedorostek will oversee footwear, handbags and jewelry for Jones Group.

Nedorostek arrives at Jones Group from Coach, where she was president of North America Wholesale and Global Licensing.

PURCHASE, N.Y. — PepsiCo announced that its current president is resigning from his post.

Matthews, N.C. -- Family Dollar Stores said Wednesday it plans to settle a class-action matter with more than 1,700 New York store managers who filed suit on claims of unpaid overtime wages.

The preliminary settlement provides for a maximum payment of $14 million by Family Dollar. Settlement terms are pending court approval, and the discounter plans to record a fourth quarter charge to cover the costs.