Management
September 30, 2015 at 10:47 am
Hudson’s Bay Co. is cutting 265 head office jobs as the company works to streamline operations and pour resources into its growing digital businesses. The owner of Hudson’s Bay and Saks Fifth Avenue aims to save $75 million in the move, which means cuts at its New York and Toronto offices. The majority of the cuts…
September 29, 2015 at 10:46 am
Whole Foods is cutting 1,500 jobs over the next two months, or about 1.6 percent of its workforce, as it focuses on its strategy to lower prices for customers, the grocery chain said Monday. The cuts come after Whole Foods added more than 9,000 jobs in the past year. The company said it expects "a significant…
September 29, 2015 at 10:32 am
Dallas-based Tuesday Morning Corp. said Tuesday that CEO Michael Rouleau, 76, has retired. The retailer of closeout gifts and home furnishings has hired search firm Herbert Mines Associates to find a new CEO. Rouleau will be a consultant to Tuesday Morning, a chain of 767 stores, through March. Tuesday Morning Chairman Steven R. Becker, 48, will become…
September 28, 2015 at 10:51 am
Starbucks has launched a loan program to help its U.K. staff put down a deposit on a rental property. Workers who have been at Starbucks for at least one year can apply for an interest-free loan equivalent to one month's wages to use as a deposit on a house, the coffee giant's U.K. branch announced on…
September 25, 2015 at 11:42 am
Knuckling down on fundamentals, Target Corp. has hired Anu Gupta, a retail industry veteran, to the new position of senior vice president of operational excellence. Gupta, whose hiring was announced Thursday, will help the Minneapolis-based retailer as it works to improve its operations, such as keeping shelves stocked and simplifying its processes. Company executives have been…
September 24, 2015 at 11:21 am
Every now and then in corporate America, a person gets to mentor her successor and watch him grow into the job. That’s what just happened at J.C. Penney. John Tighe, 46, has been named executive vice president and chief merchant at J.C. Penney, following his mentor, Liz Sweney, into the top merchandising role at the Plano,…
September 23, 2015 at 10:54 am
Groupon, once believed by many to be a catalyst for Chicago’s technology scene, evokes more concern than awe from some observers these days. It announced 1,100 layoffs Tuesday as it pulls back its global footprint. The flagging e-commerce company pioneered a daily-deals business in 2008, but is distancing itself from that model in favor of building…
September 22, 2015 at 11:09 am
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 wish…
September 22, 2015 at 10:28 am
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 third…
September 21, 2015 at 11:46 am
Macy’s 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 Macy’s and Bloomingdale’s…
