Management
January 31, 2017 at 12:24 pm
Jeff Bezos, Amazon.com's CEO and founder, said his company is going into action to counter President Trump's controversial immigration order, which temporarily blocked refugees and citizens of seven countries from entering the U.S. In an email to employees Monday, Bezos said Amazon is working on a number of efforts, including exploring legislative measures and drafting a…
January 30, 2017 at 11:53 am
Shoes.com Technologies Inc., the Vancouver, Canada-based online shoe retailer, has shut down operations effective Friday, and will work with its lenders to liquidate its assets and assign some of its companies to bankruptcy. The company took its websites offline and said it had closed its two brick-and-mortar stores in Vancouver and Toronto. Previously called Shoeme.ca,…
January 27, 2017 at 12:09 pm
Abercrombie & Fitch has laid off 150 people at its New Albany, Ohio headquarters, the most recent in a wave of bad news among the nation's struggling retailers. The layoffs were announced to the staff Wednesday, a spokeswoman for the retailer said. There are about 2,200 employees at Abercrombie's corporate offices. The company made the…
January 27, 2017 at 10:55 am
Mall-based retailer Wet Seal is planning to close all of its 173 or so stores after failing to turn its business around, according to several media reports. In a Jan. 20 letter obtained by The Wall Street Journal, the retailer notified employees working in the company's Irvine, Calif. headquarters that the office was permanently shutting…
January 25, 2017 at 3:46 pm
As part of our continuing coverage of Total Retail’s Salary Benchmark Report, this week we take a look at the benefits that retail executives — CEOs/presidents/founders; chief marketing officers; C-level execs other than CEOs and CMOs; and vice presidents — are receiving in addition to their salaries and other financial perks. Specifically, the survey asked respondents…
January 25, 2017 at 11:15 am
"Today, the leading companies are recognizing that business needs to strengthen the systems we rely on in a fundamental way. I offer you a simple proposition: business exists to serve society."
January 25, 2017 at 11:02 am
Andi Owen, global brand president of Banana Republic, will be leaving the company in late February after 25 years with Gap, Banana Republic’s parent company. Gap CEO Art Peck will oversee the Banana Republic brand until a successor is named. "Andi has been an accomplished leader at Gap playing a number of key roles across…
January 25, 2017 at 10:16 am
As a part of our continuing coverage of Total Retail’s Salary Benchmark Report, this week we take a look at how job titles affect retail workers’ salaries. As a reminder, the Salary Benchmark Report was produced after an online survey was sent to Total Retail’s audience over a two-week period in late June. The survey resulted in…
January 25, 2017 at 9:26 am
Linda Heasley, CEO of women's apparel brands Lane Bryant and Catherines, — both owned by Ascena Retail Group — has left the company just four months after being promoted to the position. Currently, Heasley has no comment on the matter and Ascena only confirmed her departure saying that she is "no longer part of the business." Previously,…
January 24, 2017 at 10:07 am
The Kroger Co. said Monday it plans to hire 10,000 permanent employees in its supermarket divisions. The Cincinnati-based supermarket chain currently employs more than 440,000 workers nationwide. The Kroger family of companies includes stores such as Ralphs, Fred Meyer, Dillons, Smith's, King Soopers, Harris Teeter and Food 4 Less. Kroger said its total active workforce grew by more…
