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  • Food Lion completes major store revamp initiative

    Food Lion has rolled out its “Easy Fresh and Affordable” branding campaign to its 162 stores in the Raleigh, North Carolina market. The $250 million initiative included full store remodels, price investments and training of associates.

  • Staples board limits senior exec severance packages

    Staples is limiting the severance pay of top executives as the resolution of a deal with Office Depot draws near.

    Staples announced that its board of directors has adopted a new policy stipulating that the company will not pay any severance benefits that exceed three times the sum of an executive’s base salary plus target annual cash incentive award, without seeking shareholder approval.

    In addition, CEO Ron Sargent has elected to amend his severance agreement to align with the terms of the new policy.

  • Shoe Carnival adds new real estate expertise

    Shoe Carnival has picked a new executive for a key role in its omnichannel-oriented growth strategy which could involve accelerated expansion of a small format.

    The retailer has named Jeff Fink as its senior vice president of real estate. Fink will oversee the Company’s store site selection and lease administration functions.

  • Under Armour starts hunt for new CFO

    A key Under Armour executive is stepping down.

    Under Armour announced that its COO and CFO, Brad Dickerson, is leaving the company to pursue an unnamed opportunity outside of the athletic performance industry.

  • Rite Aid steps up to aid flooding victims

     Rite Aid on Tuesday announced that The Rite Aid Foundation is making a $25,000 donation to the Palmetto South Carolina Region chapter of the American Red Cross to help the victims, families and communities affected by last week’s severe flooding. 
  • Report: Kroger offers full benefits to transgender employees

    Kroger has announced that it had added transgender health benefits to one of the company’s health insurance plans, according to Forbes. "Beginning January 1, 2016, medical procedures including surgery and drug therapy for gender reassignment will be covered up to a $100,000 lifetime maximum for eligible associates and their dependents,” the company wrote on their employee social network. (Forbes)

  • Bon-Ton plans massive holiday hiring spree

    Bon-Ton is planning to hire thousands of seasonal workers this holiday season for its 270 Bon-Ton, Bergner's, Boston Store, Carson's, Elder-Beerman, Herberger's and Younkers department stores.

    The company says it will hire 13,000 seasonal workers, about as many as last year, and will also hire 500 seasonal employees at its e-commerce fulfillment center and at its distribution centers.

  • Job cuts come to Dollar General's headquarters

    Dollar General is rightsizing its expense structure by eliminating several hundred positions at its home office.

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