Management
Chicago employees of posh department store Barneys New York are seeking to unionize, with a chief concern being a company policy that requires sales associates to push the store credit card or face disciplinary action. About 70 percent of the company's 75 Chicago sales associates and shipping and distribution workers have signed cards indicating they wishโฆ
Target plans to cut back on outsourcing and hire 1,000 information technology workers. The retailer will hire 500 software engineers and other IT workers in Minneapolis and 500 more in India. Chief Information Officer Mike McNamara told CIO Journal that the company's reliance on vendors "got to a stage where almost half the team is in thirdโฆ
Macyโs plans to hire slightly fewer temporary workers for the 2015 holiday season, news that comes a few weeks after the retailer lowered its full year sales forecast because of a poor start to the year. The department store chain said on Monday it would hire for about 85,000 positions at its namesake Macyโs and Bloomingdaleโsโฆ
The papal visit is adding up to more trouble for bankrupt A&P. The grocery store chain delayed the auction of its stores by a week, to Oct. 1 and 2, citing โpotential logistical complications arising from Pope Francisโ scheduled visit to New York later this month,โ according to a court filing. Originally set for Sept. 24 andโฆ
Under Armour Inc., providing a long-range outlook to shareholders at its investor day meeting, expects to reach $7.5 billion in revenue by 2018, lifted by an expansion into new markets. While that figure is in line with analystsโ estimates, the company said on Wednesday that itโs outpacing its internal forecasts. Under Armour now expects toโฆ
A group of pharmacy workers within Target Corp's store in Brooklyn, New York, have won a vote to form a microunion, making it the first unionized store at the retailer since its inception in 1902. Earlier on Wednesday, Reuters was first to report that a group of pharmacists and pharmacy technicians won an initial ballot,โฆ
U.S. supermarket chain Albertsons Companies Inc is moving ahead with plans for an initial public offering in late September or early October that could value it as much as $24 billion, including debt, according to people familiar with the matter. The determination of Albertsons' majority owner, private equity firm Cerberus Capital Management LP, to carry outโฆ
Toys"R"Us says it won't hire as many holiday season employees as it did last year, but the toy and baby products retailer says it will give current employees and seasonal workers a chance to work more hours. The company said it plans to hire 40,000 people to work at its stores and distribution centers around theโฆ
After falling short of expectations last year, a widely watched holiday forecast predicts that retail hiring will remain flat during the final three months of the year. Despite a strengthening U.S. economy, outplacement firm Challenger, Gray & Christmas on Tuesday said that it expects retailers to once again add roughly 755,000 seasonal hires to their payrolls.
Barbara Bradley Baekgaard co-founded a handbag and apparel company out of her basement โ she named it after her mom โ and 33 years later it generates a half-billion dollars in sales.