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  • Saks CEO to exit after Hudson’s Bay deal closes; chief merchant also leaving

    New York -- Saks Inc. announced that its chairman and CEO, Stephen I. Sadove, along with the company’s president and chief merchant, Ronald L. Frasch, plan to leave the company following the closing of its acquisition by Canadian retailer Hudson's Bay Co.

  • Dunkin’ Brands adds two VPs to technology team

    Canton, Mass. -- Dunkin' Brands Group announced that David Starmer has joined Dunkin' Brands as VP - IT, store systems, and Paul Zaher has joined the company as VP - IT, marketing systems. Both will report directly to Jack Clare, senior VP and CIO for Dunkin' Brands.

    Zaher joins Dunkin' Brands from Express, where he directed e-commerce and other marketing systems.  

    Starmer joins Dunkin' Brands from Papa Murphy's International, where he directed in-store technology solutions.

  • Rent-A-Center opens Boston store

    Plano, Texas – Rent-A-Center is opening a new store at 1611 Blue Hill Avenue in the Mattapan neighborhood of Boston today.

    Rent-A-Center operates 70 locations in the state of Massachusetts and more than 3,000 stores in the U.S., Puerto Rico, Canada, and Mexico. The company employs more than 21,000 workers.

  • California poised to raise minimum wage to $10

    New York -- In the final hours of its 2013 regular session, the legislature in California voted to approve a bill that would raise the minimum wage from $8 an hour to $10 an hour within three years. Gov. Jerry Brown has indicated he would sign the bill into law, saying "The minimum wage has not kept pace with rising costs. This legislation is overdue and will help families that are struggling in this harsh economy."

  • Bi-Lo and Harris Teeter to buy select Piggly Wiggly stores

    Bi-Lo Holdings and Harris Teeter announced plans to acquire select Piggly Wiggly-branded stores. Bi-Lo plans to acquire 22 Piggly Wiggly stores in South Carolina and coastal Georgia. Harris Teeter plans to purchase six locations and a future store location in the Charleston, S.C., area.

  • Ulta Beauty Q2 net income up 28%; new CEO outlines growth strategy

    Bolinbrook, Ill. -- Ulta Beauty reported that its second quarter net income rose 28.3% to $44.9 million, compared with $35 million in the year-ago period.

    The company posted a 24.8% boost in second quarter net sales as CEO Mary Dillon outlined some of the key priorities for her first 100 days at the helm of the beauty retailer. Dillon, a former PepsiCo executive, joined the company as CEO on July 1. She succeeded Chuck Rubin, who left the company to become CEO at Michaels Stores.

  • Ulta Beauty looking good in second quarter

    Ulta Beauty CEO Mary Dillon outlined some of the key priorities for her first 100 days at the helm of the beauty retailer, following a 24.8% boost in second quarter net sales.

    Dillon, a former PepsiCo executive, joined the company as CEO on July 1. She succeeded Chuck Rubin, who left the company to become CEO at Michaels Stores. Serving as interim CEO following Rubin’s departure was Dennis Eck.

  • Report: Trader Joe’s ending part-timers’ health benefits

    Monrovia, Calif. – Trader Joe’s will reportedly stop offering health benefits to part-time employees next year.

    According to Bloomberg, employees who work less than 30 hours per week will no longer be eligible for corporate health benefits as of Jan. 1, 2014. That date is when the U.S, Affordable Care Act mandates employers start offering all full-time workers affordable coverage.

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