-
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.
-
China fines Wal-Mart, Carrefour for overpricing
Beijing -- China said Wednesday it is fining Wal-Mart and Carrefour stores up to $75,900 for overpricing, expressing concerns about price inflation ahead of the impending Lunar New Year holiday.
A statement posted Wednesday on the National Development and Reform Commission website listed about a dozen stores across the country that engaged in overpricing, noting high charges on items ranging from underwear to dumpling powder.