Management
November 5, 2015 at 12:23 pm
L.L.Bean has gone outside its ranks for the first time to pick a chief executive, on Tuesday naming veteran retailer Stephen Smith to lead the 103-year-old company. And Smith, 45, who starts in early January, said he already feels the pressure. Until now, the Freeport, Maine, retailer has always filled the top job from within the company…
November 4, 2015 at 12:33 pm
Amazon.com has boosted its maternity benefit to up to 20 weeks of paid leave for new birth mothers, joining a growing number of tech companies expanding benefits to retain hard-to-find technical talent. The company sent an internal email Monday outlining the changes, which take effect Jan. 1 and apply to babies born or adopted since Oct.…
November 4, 2015 at 11:39 am
While Charles Butt and his family will remain in place as the primary owners of grocery powerhouse H-E-B, the family plans to reward 55,000 employees with a stock grant on Jan. 1, with a goal of building that up to a 15 percent stake in the company.
November 4, 2015 at 11:27 am
DSW has announced that its CEO, Michael R. MacDonald, plans to retire and has named Roger L. Rawlins to replace him at the helm of the Columbus-based footwear and accessories retailer. MacDonald, 64, who is retiring from DSW and from the board of directors after six years with the retailer, will remain with the company through…
October 30, 2015 at 10:53 am
Cabela’s could be forced to sell itself, or carve the company into pieces, after a New York investor disclosed a big stake in the outdoor retailer Wednesday, saying it intends to push for changes. Cabela’s has struggled recently with flagging sales. It said earlier this month that it would shelve part of its plans to open…
October 29, 2015 at 10:15 am
Shelley Broader will become president and CEO of Chico's FAS on Dec. 1, the Fort Myers, Fla.-based company said Wednesday. Broader will also join Chico's board of directors. Broader succeeds David Dyer, who will become vice chair of the board. Dyer is retiring. Broader is an executive with more than 25 years of experience leading global and…
October 29, 2015 at 10:10 am
Urban Outfitters on Wednesday said that it will end on-call shifts for employees at all of its North America stores, three weeks after promising to discontinue the controversial practice at its New York locations. The move will be made across its portfolio of stores, which include Urban Outfitters, Anthropologie and Free People. Between these three nameplates,…
October 28, 2015 at 12:01 pm
As part of its quest for big growth in sales, Kohl's Corp. is going small, with plans to open new stores that are less than half the size of its typical locations. The smaller version of Kohl's is among several adjustments by the national retailer as it tweaks a sweeping strategy, announced last fall, to revive…
October 27, 2015 at 12:11 pm
On Black Friday this year, outdoor gear and apparel retailer REI is putting its money where its motto is. The store that touts its dedication to “inspiring, educating, and outfitting” its customers and community to explore nature is staying closed on one of the nation’s busiest shopping days and will pay its employees to spend the…
October 26, 2015 at 11:28 am
Most mornings, Ron Johnson rises just after 4 a.m., without the use of an alarm clock, and sets off on a five-mile run. "My strategy is, if I wake up before 3 a.m., I go back to sleep," he explains to a group of his employees, a dozen men and women in their twenties who…
