Management

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.

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.

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.

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.

Abercrombie & Fitch said it's concerned that having Mike "The Situation" Sorrentino and his fellow "Jersey Shore" cast members seen in its clothing could cause "significant damage" to the company's image.

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 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.

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.

CVS has been receiving some negative press and social media commentary over the length of its paper receipts. Take this posting from the Facebook page "One Million Strong Against Unnecessarily Long CVS Receipts" as an example: "My last CVS receipt for $3.34 was 25.5 inches long. And that's too (expletive) long. I don't care that they use my CVS card to track me across the planet, I just want a receipt that isn't 1/3rd my height."

Amazon.com said that it's adding hundreds of jobs to a central Pennsylvania distribution center. The company said it would add an unspecified number of full-time jobs at the warehouse in Carlisle. Amazon officials say hourly jobs in packing and shipping will be available, along with management positions.