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Labor & Employment

  • City Sports names CEO

    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.

     

  • Nordstrom announces expansion into Canada; appoints company veteran to lead new venture

    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.

  • Hobby Lobby files lawsuit over mandate in health law; cites religious beliefs

    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.

  • Walton College builds its business credentials

    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."

  • DSW awarded $7.2 million for credit card breach

    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.”

  • Family Dollar to settle with New York store managers for $14 million

    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.

     

  • Gap Foundation celebrates 35 years

    SAN FRANCISCO — Gap Inc. is celebrating the 35th anniversary of Gap Foundation at a special gathering at the company's San Francisco headquarters on Sept. 13.

    “We’re proud to celebrate 35 years of Gap Inc. employees fulfilling the promise made by Doris and Don Fisher to ‘do more than sell clothes,’” said Bobbi Silten, president of Gap Foundation. “It’s an exciting milestone for everyone involved with the company.”

  • Holiday hiring indicator suggests Merry Christmas

    Retailers plan to hire an increased number of temporary workers this holiday season, according to a survey by the global consulting firm Hay Group.

    "Retailers are betting that 2012 is going to be a great holiday season," said Craig Rowley, vp and global practice leader for Hay Group’s retail practice. "After four years of economic turbulence, they have figured out how to operate in an uncertain business environment and are calm and cool, knowing that they are ready, as they head into the holidays."

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