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Personnel
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Dollar Tree said last week that it's cutting 370 jobs at the former Matthews, N.C.-based corporate headquarters of Family Dollar Stores, the rival discount retailer it acquired last year. Dollar Tree kept a Family Dollar support center in Matthews after closing the $9.1 billion deal. The company said the layoffs were part of an effort toโฆ
Office Depot announced it will need to close 300 more locations to put itself in a better position as a stand-alone company. The office supplies retailer closed 42 stores in the second quarter of this year as part of an earlier plan to close 400 locations. The newly announced closing of 300 stores is inโฆ
Store workers at Zara, the flagship brand of Inditex, the worldโs largest fashion retailer, have voted to form a union in New York City. The Retail, Wholesale, and Department Store Union (RWDSU) will represent the more than 1,000 Zara employees, who greet customers, stock shelves, run fitting rooms and handle sales at the brandโs Manhattan-based stores.โฆ
Starbucks announced sweeping changes to its benefits program Monday that will allow U.S. employees to choose from up to six different medical insurance providers instead of one. The company estimates the new options could save individual employees up to $800 a year by being able to choose a more customized plan. Employees who work 20 hours aโฆ
Starbucks announced it will raise the wages of all workers in its U.S. stores this October. The announcement comes after complaints from Starbucksโ employees about "extreme" cutbacks of work hours in its U.S. cafes. In addition to the wage increase, Starbucks will also double the annual stock reward to hourly employees who have worked inโฆ
Burberry replaced Christopher Bailey as its CEO on Monday, ending the project of having him both lead the fashion house and serve as its chief creative officer. The luxury goods maker named Marco Gobbetti, CEO of French luxury brand Celine, as its new chief executive. He will take over in 2017. Bailey will stay on as chiefโฆ
Tim Belk announced he will be retiring as CEO of the retail chain in July.
Nike co-founder Phil Knight has officially stepped down from his position as chairman of the board.
Subscription beauty service Birchbox has let go an additional 30 employees, this coming five months after the startup cut 15 percent of its staff. Birchbox Founder and CEO Katia Beauchamp announced in a blog post on Tuesday that the original cuts (50 of 300 employees) were too conservative. This week's layoffs are part of aโฆ
The National Retail Federation (NRF) told the House Small Business Committee last week that new federal overtime regulations will lead to hiring freezes and layoffs for full-time workers if enacted as planned Dec. 1. The NRF urged committee members to support the Protecting Workplace Advancement and Opportunity Act, which would pause implementation of the new regulations and requireโฆ