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Labor & Employment

  • Brown Shoe promotes Sullivan to CEO

    St. Louis -- Brown Shoe Co. announced Monday it has promoted Diane Sullivan as president and CEO, effective May 26.

    Sullivan ha been president and COO.

    Current CEO Ron Fromm will remain chairman following a transition period ending in May.

  • J.C. Penney names CFO

    Dallas -- J. C. Penney Co. has named Michael Dastugue as executive VP and CFO. He served most recently as senior VP finance, and was responsible for directing the financial strategies of all J.C. Penney business units.

    Dastugue succeeds Robert Cavanaugh, who will serve as an adviser to chairman and CEO Myron Ullman until his retirement in January 2012.
     

  • Christopher & Banks names Barenbaum president and CEO

    Minneapolis -- Christopher & Banks Corp. announced Monday that it has named Larry Barenbaum as president and CEO, effective immediately.

    Barenbaum has served as Interim CEO since October 19, 2010.

  • Stage Stores names CFO

    Houston -- Stage Stores said Monday that Oded Shein has joined the company as executive VP and CFO.

    Shein succeeds Edward Record, who was appointed COO in February 2010, but retained the CFO responsibilities while the search for his replacement was underway.

    Shein will report to Record and will oversee the company’s accounting, internal and external financial reporting, tax, investor relations, financial planning and analysis, loss prevention, and treasury operations.

  • MSLO CFO leaving company

    NEW YORK - Martha Stewart Living Omnimedia announced that Kelli Turner will step down as the company's CFO and will be leaving to join a private company in the near future. A search for MSLO's new CFO is currently underway, the company reported. In the interim, MSLO controller Allison Jacques will serve as the company's principal financial and accounting officer.

  • Rain and snow deal club channel blow

    Costco said its worldwide sales increased 11% to $9.19 billion for the five-week period ended Jan. 2 and total company same-store sales increased 6%. Same-store sales at Costco’s U.S. clubs increased 4%, or 3% if the effect of higher year-over-year fuel prices is excluded. Internationally, same-store sales increased 12%, but that figure was aided by currency exchange rates. Excluding the impact of exchange rates, international same-store sales increased 8%.

  • Sam’s is somewhere in the middle

    Rain and snow dealt the club channel a blow during December, as Costco was impacted by heavy rain in California and BJ’s felt the sting of blizzards in the Northeast. Sam’s was impacted too, but Costco and BJ’s have a higher concentration of stores in those areas so it is likely the effect was less.

  • Think twice before suing Walmart

    Not that anyone ever forgets Walmart is a really big company, but every now and then a fresh reminder surfaces. That was the case this week with an announcement by Datacert, Inc., that Walmart had selected its Passport technology platform to help manage domestic legal processes and systems. Big companies that make a lot of money tend to get sued a lot, and in Walmart’s case the situation is magnified by the fact that it has more than two million employees interacting each week with 200 million customers in its 8,000 stores.

  • Report: Anchor Blue to liquidate

    New York City -- Teen specialty retailer Anchor Blue has closed its headquarters and is in the process of winding down operations at its 120 stores, Women’s Wear Daily reported.

    Based in Corona, Calif., Anchor Blue is owned by private equity firm Sun Capital partners.

  • Metropark employs CyberShift workforce management solution

    Parsippany, N.J. -- CyberShift, a provider of workforce management services and solutions, has added Metropark, a Los Angeles-based specialty chain with 70 stores, to its roster of retail clients. The specialty apparel retailer has deployed CyberShift’s workforce management solution via its Software-as-a-Service (SaaS) model to automate store scheduling and will be expanding the relationship to include time and attendance.

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