Amazon continues its hiring spree.
The company announced Thursday that it plans to add more than 30,000 part-time positions in the United States over the next year. The new positions are on top of the previously announced 100,000 full-time U.S. jobs Amazon will add during the next 18 months.
Some 5,000 of the new part-time hires will be in Amazon’s Virtual Customer Service program, which offers employees the flexibility to work from home as a customer service agent.
7-Eleven has accelerated its U.S. expansion by entering into the largest acquisition in its history.
The c-store retailer has agreed to buy the Sunoco chain of gas stations, which includes some 1,108 convenience stores located in 18 states, for a reported $3.3 billion.
Hudson’s Bay Co.’s newest executive is joining the company just in time to lead the European division’s next phase of development.
Dr. Wolfgang Link will become CEO of HBC Europe, effective May 1. He will lead the expansion and growth strategy for the department store’s European business, including Galeria Kaufhof, Galeria Inno, and the entrance of Hudson’s Bay and Saks OFF 5TH. Reporting to HBC’s CEO Jerry Storch, Dr. Link will also oversee the European management team.
Zumiez’s net and same-store sales were on the climb for March.
The teen retailer’s total net sales for the five-week period ended April 1, 2017, increased 4.3% to $71.7 million, compared to $68.8 million for the five-week period ended April 2, 2016.
Rue21 could be the next chain headed toward bankruptcy.
The teen apparel retailer, which is backed by private equity firm Apax Partners, is preparing to file for bankruptcy as soon as this month, according to Bloomberg.
In a move to avoid filing Chapter 11, the fashion retailer is planning to shutter approximately 12% of its stores.
The closures will incur an impairment charge of approximately $2.0 million and will make a termination payment to the landlord of approximately $7.4 million, according to a filing the chain made on April 4, with the Securities and Exchange Commission.
Coach Inc. has tapped a 26-year fashion veteran to lead the company as its expands its brand portfolio.
Joshua Schulman has been named president and CEO of the Coach brand, effective June 5. In this newly created role, Schulman will be responsible for all aspects of the brand globally, reporting directly to Victor Luis, CEO of Coach, Inc. This new leadership structure follows the 2015 acquisition of Stuart Weitzman, and is an important step in Coach, Inc.’s evolution as a customer-focused, multi-brand organization, the retailer said.
Despite gains in prescription marketshare and comparable pharmacy sales across its U.S. base, Walgreens Boots Alliance missed analyst expectations for its second quarter.
