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  • Customer Growth Partners Forecasts 5.1% Retail Growth in 2011

    The retail industry will grow by 5.1% in 2011, the strongest growth in four years, according to Customer Growth Partners 2011 Forecast and Outlook. The New Canaan, Conn.-based consulting and research firm projects that the industry will create over half a million new jobs in 2011, the most of any employment sector, and that retail sales will reach a record level of almost $2.9 trillion.

  • Lowe's shakes up in-store staffing

    Mooresville, N.C.-based Lowe's will eliminate positions between assistant manager and manager, and hire part-time workers for the busy weekends.

    The move will cut about 1,700 middle management jobs in the stores, but will lead to an additional 8,000 to 10,000 part time workers, according to Chris Ahearn, Lowe's VP of public relations. The shake up is expected to take effect Jan. 29.

  • Bon-Ton extends CEO contract, names new COO

    YORK, Pa. -- The Bon-Ton Stores announced its board of directors unanimously approved an amendment to Bud Bergren’s employment agreement, which states Bergren will continue to serve as president and CEO through Feb. 5, 2012. His term as president and CEO will automatically renew for successive periods of one year unless either the company or Bergren elects not to renew his term as president and CEO.

  • Bon-Ton re-ups CEO's contract, promotes COO

    York, Pa. -- The Bon-Ton Stores said Monday that it has extended president and CEO Bud Bergren's contract through Feb. 5, 2012, and has promoted Barbara Schrantz to COO.

    Under the newly announced agreement, Bergren's contract will automatically renew annually, unless the board chooses otherwise. Schrantz will assume the role of COO on Jan. 30. She is currently executive VP sales promotion and marketing.

  • DSW names head of leased business division

    COLUMBUS, Ohio -- DSW Inc. announced the appointment of Christopher Lanning as SVP general manager of the leased business division.  Lanning will be responsible for managing DSW's existing leased business client base and developing new account relationships.

  • DSW names senior VP

    Columbus, Ohio -- DSW said Monday it has appointed Christopher Lanning as senior VP and general manager of the retailer’s Leased Business Division.

    Lanning will be responsible for managing DSW's existing leased business client base and developing new account relationships. DSW currently operates 353 shoe departments in conjunction with leased business partners, which include Steinmart, Gordmans, Filene's Basement and Frugal Fannie's.

  • Leadership survey: Walmart and McDonald's in, Zappos and Ikea out

    Philadelphia -- A survey released Tuesday by management consultancy Hay Group, ranking the 20 best companies for in terms of leadership, said that both Walmart and McDonald’s made the sixth annual list, but incumbents Zappos and Ikea dropped out of the rankings.

  • NRF welcomes focus on jobs in state of the union address

    WASHINGTON --The National Retail Federation announced that it welcomed the focus on job creation and the economy expected in President Obama’s State of the Union Address.

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