Human Resources

Target Corp. has agreed to pay $2.8 million to resolve a hiring discrimination claim filed by the U.S. Equal Employment Opportunity Commission.

Franklin, Tenn. – Out-of-stock merchandise is causing a significant drain on annual retailer revenue performance.

According to a new research report from retail analyst firm IHL Group, commissioned by OrderDynamics. Retailers and the Ghost Economy: The Haunting of Out-of-Stocks, retailers lose $634.1 billion in annual losses due to out-of-stocks.

Private equity firm Sycamore Partners is adding a department store to its growing portfolio, which includes such brands as Aeropostale, Jones New York and Nine West.

Proposed changes to overtime exemptions could make store managers eligible

The Department of Labor’s long-awaited proposed revisions to the “white collar” overtime exemptions are finally here — at least, in part. On June 30, 2015, the DOL unveiled its proposed revisions to the required salary levels for many of the “white collar” exemptions to the FLSA’s overtime requirements.

Denver -- Chipotle Mexican Grill Inc. is going on a hiring binge.

The chain will hold its first-ever “National Career Day,” on Sept. 9, with the goal of hiring 4,000 new employees.

In terms of employment, Chipotle is considered one of the more desirable fast-food chains, offering higher-than-average wages. In June, the company announced it planned to offer benefits previously available only to salaried workers to all employees, including full tuition reimbursements, sick pay, and paid vacation days.

Sears Holdings Co. has made an interesting choice to lead its hardlines division.

The company announced that Lynn Pendergrass has joined the company in the new role of president, hardlines. In this position, she will be responsible for working across the Kenmore, Craftsman & DieHard business unit and its hardlines partners — including Home Appliances, Lawn & Garden, Tools, and Sears Auto Centers — to develop compelling offers and build relationships with members who shop the hardline categories.

Charming Charlie has been on an upward trajectory for the past 10 years, and it shows no signs of stopping anytime soon. With 350 U.S. stores (plus four in Canada), the Houston-based, privately held jewelry and accessories retailer is busy expanding at home and, more recently, abroad. In June, it opened its first-ever location in New York City, a three-level, 16,000-sq.-ft.

New York -- Target Corp. has agreed to pay $2.8 million to resolve a hiring discrimination claim filed by the U.S. Equal Employment Opportunity Commission.
 
The EEOC said three "employment assessments," which Target no longer uses, disproportionately screened out applicants based on race and gender, according to the Associated Press, and therefore violated Title VII of the Civil Rights Act of 1964.