Management

Cosmopolitan Covers to Be Shielded by Two Retailers
August 3, 2015 at 2:22 pm

Is Cosmopolitan so racy it needs to be covered up? Rite Aid and Food Lion think so. The two retailers will soon place issues of Cosmopolitan magazine behind “blinders” to shield minors from the magazine’s sexual content, they confirmed separately on Friday.  

Target Loses a Key Digital Executive Behind Cartwheel App
July 30, 2015 at 2:16 pm

A Target Corp. executive who helped birth one of the Minneapolis-based retailer’s most celebrated digital innovations is leaving the company. Alan Wizemann, vice president of mobile and Target.com, played an instrumental role in launching Cartwheel, the retailer’s mobile coupon app that has rung up more than $1 billion in sales since it rolled out two…

J.C. Penney Employee Sent Home for Wearing Shorts She Bought … at J.C. Penney
July 30, 2015 at 2:09 pm

A former J.C. Penney employee said she was sent home from work for wearing shorts she bought in the store's career style section, launching a heated discussion about dress codes for women online. Sylva Stoel of Sioux Falls, South Dakota, called out her former employer on Twitter last week, accusing her boss of sending her…

City Sports Names Veteran Retailer as CEO
July 29, 2015 at 2:40 pm

Longtime retail executive Marty Hanaka will replace Eddie Albertian as CEO of City Sports, the sports retailer said Tuesday. Hanaka, 66, has been a member of the company’s board since 2008 and an operating partner at the Highland Consumer Fund for the past year. Previously, he served as CEO of Golfsmith International Holdings, Inc. and Sports…

eBay Ends 1-Hour Delivery, Shuts Down Apps
July 28, 2015 at 3:47 pm

Following its split from PayPal last week, eBay announced it’s closing down a number of standalone mobile applications, including eBay Valet, eBay Fashion and eBay Motors, and is retiring its on-demand delivery service eBay Now. On the latter item, the company says that eBay Now was “always intended” as a pilot program, and while it…

Former Jos. A. Bank Executives Launch Men's Apparel Brand
July 22, 2015 at 2:25 pm

Several former executives of Jos. A. Bank Clothiers Inc. plan to launch a retail brand that will be based in Maryland and sell classically styled men's apparel for business professionals. Plans call for menswear retailer Wilkes & Riley to open online in November and expand with stores, most likely after the first couple of years,…

Jet.com is Making its Employees’ Salaries Transparent … And Non-Negotiable
July 22, 2015 at 2:17 pm

Jet.com burst out of the gate on Tuesday with its online sales model that could threaten Amazon.com and other e-commerce vendors. But the company, with far less fanfare, is also launching with a relatively new — albeit not entirely — model of employee compensation. Jet.com employees’ salaries are pre-set based on their position, CEO Marc…

Wal-Mart Accused of Same-Sex Bias in Class-Action Lawsuit
July 15, 2015 at 3:12 pm

A Massachusetts woman filed a class-action lawsuit Tuesday accusing Wal-Mart of wrongly denying employee benefits for same-sex spouses. Jacqueline Cote says Wal-Mart repeatedly denied medical insurance for her wife before 2014, when the retail giant started offering benefits for same-sex spouses. The couple incurred at least $150,000 in medical costs after Cote's wife, Dee Smithson,…

The Path to an eBay Revival
July 15, 2015 at 3:06 pm

As eBay prepares for life without its faster-growing PayPal business, the e-commerce pioneer’s future seems uncertain. Incoming Chief Executive Devin Wenig hopes a return to eBay’s roots will be the path to its revival. Until investors are confident in his plans, however, it will be a drama worth watching after PayPal is officially spun off…

Guess Names New CEO as Co-Founder Shifts Role
July 15, 2015 at 2:55 pm

Guess has named fashion industry veteran Victor Herrero as CEO of the clothing and accessories company, ending an era of family leadership. Guess was established in 1981 by the Marciano brothers. Paul Marciano, its current CEO, will replace his brother Maurice Marciano as executive chairman of the board. He'll keep his title as chief creative…