Management
Discount retailer Dollar General Stores Inc. said Chief Operating Officer Todd Vasos would replace Rick Dreiling as chief executive, effective June 3. Dreiling, 61, will remain senior adviser and chairman until his retirement on Jan. 29, the company said on Thursday. Vasos was widely expected to be named the company's CEO and his candidature was…
99 Cents Only Stores said Wednesday it has named Andrew Giancamilli, chairman of the board, as interim president and CEO following the resignation of Stephane Gonthier. The Los Angeles-based company didn't give a reason for Gonthier’s departure. Gonthier joined 99 Cents Only as president and CEO in September 2013 after working in various divisions of…
Amazon.com is hiring 6,000 full-time workers across its more than 50 distribution centers in the U.S. The workers will pick, pack and ship products to fulfill customer orders. Currently, Amazon has about 50,000 full-time workers at the centers. Amazon has been opening distribution centers across the country to speed up delivery times. Its $99 annual…
A couple of doodles hanging on the wall have just gotten Lilly Pulitzer into some hot water on social media. In a recent article for The Cut exploring the Lilly Pulitzer headquarters in King of Prussia, Pa., a bright photo gallery reflected the designer's concepts, with vibrant colors and patterns covering many surfaces. But one…
Chico's CEO David Dyer, who laid "the foundation for global expansion," will retire next spring, the company announced. Dyer will remain in his current role until a successor is appointed, and will remain on the board in the newly created role of vice chairman until June 2016. The women’s specialty apparel retailer has retained executive…
Ailing hipster retailer Urban Outfitters has announced that the CEO of the brand, Ted Marlow, will retire this summer. Marlow led Urban Outfitters as its CEO twice in the past 15 years; the first time was from 2001 to 2010, and then again from 2012 to 2015. In a conference call announcing the retirement, the Urban Outfitters,…
Lumber Liquidators, the embattled hardwood flooring retailer, said Thursday CEO Robert Lynch "unexpectedly" resigned, following weeks of struggles stemming from safety concerns related to its products. The Toano, Va.-based company will search nationally for a replacement, it said. Company founder Thomas Sullivan will serve as acting CEO. Lynch also stepped down from the company's board…
Nate Waits wakes up before 3 a.m. four days a week to get to his job at a Bentonville, Ark. distribution center for Wal-Mart Stores Inc., where the former Marine is among more than 92,000 veterans the company has hired in the past two years. As the two-year anniversary approaches of the Veterans Welcome Home…
Swedish fast-fashion retailer H&M launched its first-ever national recruiting campaign Thursday boasting its benefits, pay and sustainability efforts as competition for retail workers has pushed companies to create more attractive workplace environments. H&M is looking to hire thousands of employees to support its rapid expansion in the U.S., which is its second-largest market behind Germany,…
What would you say if your boss told you wouldn't have a boss anymore? No, you're not fired. Your organization is just redistributing power, eliminating managers and job titles. Sound crazy? The concept, known as Holocracy, is gaining steam at some reputable companies. Zappos, perhaps the most well-known adherent to Holocracy, just confirmed that nearly 14% of its staff (210 people, out of Zappo's total workforce of 1,503) have accepted an offer to take a buyout rather than ride out the transition to full-blown Holocracy, the Las Vegas Sun reports.