Management
Frederick's of Hollywood announced that Don Jones has joined the company as president and chief operating officer. Jones comes to Frederick's with more than 35 years of experience in the fashion and consumer product retail industry. Throughout his career, he has held executive and managerial positions with leading retail organizations, including Gap Inc., Target Corporation, IKEA, Filene's and Macy's.
Saks Fifth Avenue has named Denise Incandela to the newly created role of chief marketing officer. Incandela, who joined Saks Fifth Avenue in 1999, will continue as president of Saks Direct.
Wal-Mart will double the money it spends with women-owned businesses, train women around the world and push major suppliers to use more women and minorities on work they do for the retailer as it keeps trying to shed a poor corporate image. The moves, being unveiled today by CEO Mike Duke and others, come after the U.S. Supreme Court threw out women's massive class-action sex-discrimination lawsuit against the world's largest retailer in June.
Hundreds of Groupon sales department employees have filed a class-action lawsuit against the company charging it failed to pay overtime. The suit demands back wages for the past three years plus punitive damages for nonpayment of overtime.
The CEO of Zappos Tony Hsieh has 1.8 million followers on Twitter. In many marketing circles, he's something of a Twitter god, using the Twitter feed to promote Zappos and his way of thinking about business to his many followers.
Apple Chief Tim Cook sent a note to Apple employees announcing the Mac maker will match its employees contributions to nonprofit organizations up to $10,000 annually.
The Toys"R"Us Children's Fund has made a $200,000 donation to the American Red Cross to support relief efforts in the aftermath of Hurricane Irene. The fund will provide $100,000 to the national Red Cross organization for its disaster relief efforts in hard hit areas, including seven states.
Sears announced that Raj Penkar will be joining the company on Sept. 15 as senior vice president and president, supply chain. Penkar will be accountable for all aspects of the company's supply chain, including logistics, warehousing, inventory management and distribution.
While current economic conditions leave most businesses reluctant to hire new employees, Party City deviates from the national unemployment trend and prepares for an intense hiring wave. In anticipation for the Halloween season, a nearly $6 billion industry and the second largest retail holiday according to the National Retail Federation, Party City is recruiting more than 14,000 employees in communities across the country.
Talbots took a series of steps, including firing its creative head, to fix its long-running merchandise problems, sending the women's clothes retailer's shares up as much as 12 percent. The company, whose sales have fallen steadily for the past five years, fired Chief Creative Officer Michael Smaldone to "bring in new creative leadership."