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  • Conference Board’s Employment Trends Index up in November

    New York City -- The Conference Board Employment Trends Index increased in November to 103.7, up from the revised figure of 102.42 in October. The November figure is up 6.4% from the same month a year ago.

  • Don't Let Employee Theft Impact Your Holiday Profits

    By Selena Linde and Michael Sharkey

  • Staples makes exec appointment

    Framingham, Mass. -- Staples announced the appointment of Cynthia Pevehouse to senior VP general counsel, effective Jan. 3, 2012. She will have global management responsibility for the company’s legal team and report to Ron Sargent, Staples’ chairman and chief executive.

    Pevehouse joins Staples from international law firm Steptoe & Johnson LLP.
     

  • CVS Caremark's Jim Trappani steps down

    WOONSOCKET, R.I. — CVS Caremark has confirmed that Jim Trappani, VP merchandising for health care and multicultural, has decided to leave the company.

    Grant Pill has assumed the role of VP merchandising for over-the-counter healthcare and store brands.

    In addition, Mike McEnany has been promoted to VP merchandising, consumables and multicultural. His most recent role was divisional merchandising manager for consumables.

  • Talbots on hunt for new CEO

    Hingham, Mass. -- It’s official: Talbots Inc. is seeking a new CEO as it works to turn around its struggling business. The retailer said Monday that president and CEO Trudy Sullivan plans to retire as soon as a successor is named.

    The company said it has created a search committee of independent board members and hired executive search firm Spencer Stuart to assist in its search.

  • Starbucks to create 5,000 U.K. jobs in next five years

    Seattle -- Starbucks Coffee U.K. plans to create thousands of new jobs in the United Kingdom as it steps up its drive-thru program following three years of development and strong customer response to the convenience of Starbucks coffee on-the-go.

    The move will see 200 new drive-thru stores opened over the next five years. Combined with openings of conventional stores over the same period, the company expects to create 5,000 new jobs.

  • Union deal helps A&P get out of bankruptcy

    MONTVALE, N.J. — A&P announced that it has reached an agreement with its labor unions that would help the retailer on its path out of bankruptcy.

  • Talbots records sharp Q3 loss amid reports of CEO shakeup

    Hingham, Mass. -- Talbots Inc. reported Thursday a loss of $22 million for the third quarter, compared with a profit of $17 million in the year-ago period. It was the apparel retailer’s third loss in four quarters. Talbots has posted an annual loss in three of the last four years.

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