Management

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 isn’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 “The Situation” Sorrentino has something to say about retailer Abercrombie & Fitch’s offer to pay him to wear another brand’s clothing on “Jersey Shore.” “Looks like Abercrombie got themself into a Situation!” the MTV reality star tweeted, followed by a link to a CNN finance article noting that the brand’s stock had dipped by nine percent.

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.

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.

Classical Music Curbing Loiterers in Ohio
August 16, 2011

A United Dairy Farmers' store in Columbus, Ohio has decided to play classical music as a part of several upgrades, and customers say it's helping cut down on people who loiter around the business.

RadioShack Hires CFO From Ace Hardware
August 16, 2011

RadioShack Corp. has hired the chief financial officer of Ace Hardware. Dorvin Lively, 53, will be RadioShack's CFO as well as chief administrative officer, the company said.