Management

Rue La La Lays Off Staff, Absorbs SmartBargains Discount Site
January 13, 2012

Rue La La laid off 65 employees in Boston and other locations as its parent company Kynetic plans to fold sister property SmartBargains into Rue La La. While SmartBargains sells department store items, Rue La La sells upscale branded items to members only at a significant discount during 2-day sales events, called "flash sales."

Unemployment Rises, But Home Depot to Hire up to 70K New Employees
January 13, 2012

The thousands of temporary workers who lost their jobs after the holidays dampened the weekly unemployment report. But at least one retailer is hiring now. Home Depot said it would add 70,000 workers this spring, its biggest season. Last year about half that number were hired permanently as cashiers, sales, lot and garden staffers. Home Depot employs about 300,000 workers overall.

eBags.com Proving Insourcing American Jobs Works
January 12, 2012

eBags.com announced it was able to reduce fourth quarter customer care expenses by 34 percent compared to the same period last year. During this same period, the company's sales increased 27 percent over last year.

NRF Urges Obama to Address Retail Industry's Jobs Agenda in State of the Union
January 12, 2012

The National Retail Federation has issued an open letter to President Obama urging him to call for action on initiatives that support a strong retail sector when he delivers his State of the Union address later this month. The letter was signed by Macy's Chairman, President and CEO Terry Lundgren, who chairs the NRF Board of Directors, and NRF President and CEO Matthew Shay.

Adults Will Pay More for a Better Customer Experience
January 12, 2012

Delivering exceptional customer experiences is essential for any organization that wants to grow and sustain competitive differentiation in today's market. The annual Customer Experience Impact Report found that 86 percent of U.S. adults will pay more for a better customer experience.

J.C. Penney Names Chairman of the Board
January 11, 2012

J.C. Penney announced that Thomas J. Engibous will become chairman of its board of directors, effective Jan. 28. Engibous was named to the board in 1999 and has served in presiding director and lead independent director roles since 2008. He will assume the chairman's role from Myron E. Ullman, III, J.C. Penneyโ€™s former CEO, who will step down as executive chairman. Engibous is the retired chairman of Texas Instruments Inc.

Urban Outfitters' CEO Resigns
January 11, 2012

Urban Outfitters declined in early trading after saying Glen Senk resigned as chief executive officer and will be succeeded by co-founder Richard Hayne as the retailer works to turn around a yearlong decline in profit. Senk, 55, resigned Jan. 9 and plans to pursue another opportunity, Urban Outfitters said in a statement.

Nordstrom Adds Benefits to Loyalty Program
January 11, 2012

Nordstrom has redesigned its fashion rewards loyalty program to include added benefits such as complimentary services and point incentives. As part of an effort to build customer loyalty, the new program includes complimentary alterations up to $100 based on varying benefit levels, triple point days, and Nordstrom Rack point participation.