Personnel
February 15, 2017 at 12:30 pm
Have you ever wondered whether how old you are affects your salary as a retail professional? Well, according to Total Retail’s first annual Salary Benchmark Report, it certainly does. The report, which was produced after compiling 660 responses to questions around job compensation from Total Retail's audience last June, found that, on average, the older…
February 14, 2017 at 10:24 am
Payless Inc. is in talks with its lenders over a restructuring plan that includes closing about 1,000 stores as it wrestles with an unsustainable debt load, according to people with knowledge of the matter. The discount shoe retailer may consider filing for bankruptcy if it’s unable to reach a deal with the creditors, said the people,…
February 8, 2017 at 5:21 pm
This week’s coverage of Total Retail’s first annual Salary Benchmark Report provides insight into how fairly retail executives — CEOs/presidents/founders; chief marketing officers; C-level execs other than CEOs and CMOs; and vice presidents — feel they're being compensated by their employers. This encompasses base salary, financial perks (e.g., stock options, profit sharing) and benefits (e.g., health insurance,…
February 7, 2017 at 1:56 pm
Dollar General Corp. said Friday that a rollout of new stores and distribution centers will lead to the creation of roughly 10,000 new jobs this year. The Goodlettsville, Tenn.-based discount store chain is expecting to open 1,000 new locations, along with two distribution hubs, adding new positions that will grow its staff by about 9 percent.…
February 1, 2017 at 4:28 pm
For this week's coverage of Total Retail's first annual Salary Benchmark Report, we identify the job benefits that retail executives — CEOs/presidents/founders; chief marketing officers; C-level execs other than CEOs and CMOs; and vice presidents — want but don't get. In addition to base salary and financial perks (e.g., stock options, profit sharing), benefits are…
February 1, 2017 at 11:20 am
As a part of our continuing coverage of Total Retail’s Salary Benchmark Report, this week we take a look at how the size of the company that you work for (measured by annual revenue) affects your salary. The first annual Salary Benchmark Report was produced after an online survey was sent to Total Retail’s audience over a…
January 31, 2017 at 12:24 pm
Jeff Bezos, Amazon.com's CEO and founder, said his company is going into action to counter President Trump's controversial immigration order, which temporarily blocked refugees and citizens of seven countries from entering the U.S. In an email to employees Monday, Bezos said Amazon is working on a number of efforts, including exploring legislative measures and drafting a…
January 25, 2017 at 3:46 pm
As part of our continuing coverage of Total Retail’s Salary Benchmark Report, this week we take a look at the benefits that retail executives — CEOs/presidents/founders; chief marketing officers; C-level execs other than CEOs and CMOs; and vice presidents — are receiving in addition to their salaries and other financial perks. Specifically, the survey asked respondents…
January 24, 2017 at 10:07 am
The Kroger Co. said Monday it plans to hire 10,000 permanent employees in its supermarket divisions. The Cincinnati-based supermarket chain currently employs more than 440,000 workers nationwide. The Kroger family of companies includes stores such as Ralphs, Fred Meyer, Dillons, Smith's, King Soopers, Harris Teeter and Food 4 Less. Kroger said its total active workforce grew by more…
January 18, 2017 at 5:05 pm
As part of our continuing coverage of Total Retail’s Salary Benchmark Report, this article focuses specifically on the financial benefits that C-suite retail executives — CEO/president/founder; chief marketing officer; C-level exec other than CEOs and CMOs; and vice president — are receiving. Specifically, the survey asked respondents which of the following financial benefits were part of…
