Management

US Investigating Work Conditions for Foreign Students at Hershey Warehouse
August 26, 2011

The U.S. Labor Department said that it had opened two investigations into working conditions for foreign cultural-exchange students employed at a Hershey Co. candy warehouse in central Pennsylvania. At the same time, the organizations responsible for employing the students were seeking to resolve a standoff with them by offering a week's paid vacation and cultural-enhancing day trips to Philadelphia, Amish country, and Gettysburg.

American Apparel Employee Killed by Knitting Machine
August 23, 2011

A 49-year-old man employed at an American Apparel factory in Garden Grove, Calif., was "crushed by a circular knitting machine," according to a report on the Orange County coroner's website.

Starbucks Pays For Firing Dwarf Barista
August 22, 2011

Starbucks will pay $75,000 to settle a disability discrimination lawsuit filed when a barista who has dwarfism was fired after asking for a stool. During Elsa Sallard's training in 2009, a manager decided that she would pose a danger to customer and employees and let her go. In addition to the settlement, Starbucks will provide training on disability issues to managers and supervisors at stores in El Paso, Texas.

Esprit Exploring Sale of US, Canadian Operations
August 19, 2011

Esprit is exploring the sale of its U.S. and Canadian operations, according to three people familiar with the matter. Rothschild in New York has been hired to advise Esprit, said the people, who declined to be identified because the process isnโ€™t public. The assets are likely to be shown to a number of private-equity funds, said one of the people.

'Jersey Shore' Answers Abercrombie
August 18, 2011

Mike โ€œThe Situationโ€ Sorrentino has something to say about retailer Abercrombie & Fitchโ€™s offer to pay him to wear another brandโ€™s clothing on โ€œJersey Shore.โ€ โ€œLooks like Abercrombie got themself into a Situation!โ€ the MTV reality star tweeted, followed by a link to a CNN finance article noting that the brandโ€™s stock had dipped by nine percent.

Sears Names New Finance Chief
August 17, 2011

Sears Holdings announced that Robert Schriesheim will join the company as executive vice president and chief financial officer. Schriesheim will assume his responsibilities as CFO effective Aug. 22. Schriesheim, 51, most recently was CFO for Hewitt Associates, leading the company's global financial and administrative roles until its merger with Aon Corp.

Buffett Invests in Dollar General
August 17, 2011

Warren Buffett's Berkshire Hathaway fund invested around $50 million in Dollar General during the quarter that ended June 30, federal filings show. The 1.5 million shares in the Goodlettsville, Tenn.-based discounter is a new holding for the fund, which also has investments in retailers Wal-Mart Stores and Costco.

Wal-Mart Shakes Up E-Commerce Leadership
August 16, 2011

Wal-Mart is transferring management of its e-commerce business to store-level leadership in developed countries and said that two online executives are leaving the company.