Management
June 23, 2015 at 2:34 pm
Marvin Ellison didn’t start out in a cushy executive training program after his parents paid to send him to an elite college. No, Ellison has one of those other storybook backgrounds, the kind that inspire us to plant the American flag in our front yards on federal holidays. He’s the real American dream, and he’s…
June 22, 2015 at 2:30 pm
After widespread backlash for posting pictures of his partying after massive layoffs at J.Crew's corporate headquarters, the clothier's vice president of men's merchandising has been fired, a source with information on the situation told CNBC. Alejandro Rhett came under fire after posting photos to Instagram that seemingly made light of the 175 J.Crew firings that…
June 19, 2015 at 3:25 pm
There are some classy ways to handle firing employees — this just might not be one of them. Soon after personally delivering the bad news to some J.Crew employees being laid off, the clothier's vice president of men's merchandising took to Instagram to post celebratory photos, seemingly mocking those who were fired, according to The…
June 19, 2015 at 3:14 pm
When Nasty Gal relocated from San Francisco to Los Angeles at the start of 2012, the entire company consisted of a band of 40 young employees who were more apt to call themselves family than colleagues. Later, after the brand became the shining example of runaway e-commerce success and the company was flooded with hundreds…
June 18, 2015 at 3:44 pm
Target announced Wednesday that it's laying off 140 headquarters-based employees and eliminating another 50 jobs as part of a corporate restructuring. Most of the jobs being eliminated are part of the company's Business Performance Optimization Center of Excellence and "were places we identified redundancies or opportunities for greater efficiencies," Target spokeswoman Molly Snyder said in…
June 17, 2015 at 2:57 pm
The owner of U.S. deep discount retailer Ollie's Bargain Outlet — known for the signature catch phrase "good stuff cheap" — filed on Monday for an initial public offering, hoping to replicate the success of other retailers this year. Ollie's Bargain Outlet Holdings Inc operates 181 stores across the United States, selling excess inventory and…
June 16, 2015 at 2:12 pm
Is J.Crew actually becoming J. Screwed? All is not well at the iconic apparel retailer J. Crew. The lead designer for women’s clothing has been ousted and the customers aren’t happy. In a rather unusual way they are letting their feelings be known. The Washington Post sums up the mood with the following: “Customers aren’t…
June 15, 2015 at 2:13 pm
Lumber Liquidators said Monday that it's fired Chief Merchandising Officer William Schlegel after serving more than four years in the position. Schlegel's last day will be Friday, the troubled flooring retailer said. He will be replaced by Chief Marketing Officer Marco Pescara, who will hold both roles. Pescara has been with the company for nine…
June 11, 2015 at 2:12 pm
Yesterday fashion retailer J.Crew slashed its corporate staff and ousted its lead women's fashion designer amid a sales slump. The company said it's cutting 175 full-time jobs, including some open positions, with most spots located at its New York City headquarters. J.Crew also announced that it's ousting Tom Mora as head of women's design. He…
June 11, 2015 at 1:57 pm
An Apple Store employee told Tim Cook that the company treats its staff like "criminals." That's according to a recently unsealed email that's part of a lawsuit filed against Apple in 2013. The suit, filed in federal court in California, alleges that Apple Store employees weren't paid wages for time spent waiting while managers checked…
