Personnel

PayPal Chief Reams Employees: Use Our App or Quit
February 12, 2014

The president of PayPal has had it with employees who don't enthusiastically use the company's products. David Marcus sent a memo to employees working at PayPal's San Jose, Calif., headquarters yesterday, scolding them for not installing the company's app and forgetting their PayPal passwords. "It's been brought to my attention that when testing paying with mobile at Cafe 17 last week, some of you refused to install the PayPal app (!!?!?!!), and others didn't even remember their PayPal password. That's unacceptable to

Amazon to Hire 2,500 New Workers Across US
February 12, 2014

Amazon.com says it's hiring more than 2,500 full-time workers at its order fulfillment centers around the U.S. Amazon plans to announce Wednesday that the jobs are available in Chester, Va., and Petersburg, Va.; Coffeyville, Kan.; Columbia, S.C.; Dupont, Wash.; and Murfreesboro, Tenn. The world's largest online retailer says last year it hired more than 20,000 people at its fulfillment centers, with more than half starting out as seasonal workers. Amazon says the median income for people working at its order fulfillment facilities is higher than at traditional retailers. 

Barnes & Noble Eliminates Jobs After Nook Sales Drop
February 11, 2014

Barnes & Noble, the largest U.S. bookstore chain, is cutting jobs as revenue at its Nook tablet unit continues to shrink. "As we've aligned Nook's cost structure with business realities, staffing levels in certain areas of our organization have changed, leading to some job eliminations," Mary Ellen Keating, a spokeswoman for the New York-based retailer, said in an email. She declined to say how many jobs were cut and from what areas of the company. Barnes & Noble reduced Nook prices during the holidays amid continued competition from Apple's iPad. 

Home Depot to Hire 6,300 Associates in Canada for Spring Season
February 5, 2014

Home Depot said Wednesday it will hire 6,300 associates in Canada to support its spring busy season, down from last year's plan for 6,700 employees. Home Depot and peer Lowe's have been a rare bright spot in the retail sector as they continue to benefit from the U.S. housing recovery. Rising home prices and improvements in home construction and new home sales have led homeowners to open their wallets for remodeling projects or big-ticket items. The home improvement retailer said it will hire full-time, part-time and seasonal workers across its 180 Canada locations.

Wal-Mart to Invest $500 Million in Canada, Create 7,500 Jobs
February 4, 2014

Wal-Mart said on Tuesday it would invest about $500 million this year to strengthen its presence in Canada, creating more than 7,500 jobs including construction. The investments include more than $376 million for store projects, $91 million for distribution networks to expand fresh food capability and $31 million for e-commerce projects. Wal-Mart's expansion plans comes a week after Target said it would open nine new stores across Canada, adding to the 124 it opened last year.

Best Buy Lays Off 950 Canadian Workers; No Stores Closed
January 31, 2014

Best Buy said Thursday that it's laying off 950 of its Canadian employees, the first major cutback since the electronics retailer reported disappointing holiday sales earlier this month. The company said the layoffs affected 6 percent of its workforce in Canada and will not result in any store closings. At the end of January a year ago, Best Buy closed 15 stores in Canada. It currently has 265 stores in Canada and had 16,000 Canadian employees before the layoffs. The move is another sign of retrenchment from the upward trajectory the consumer electronics giant experienced for much of last year.

Sears Canada Lays Off Another 624 Employees
January 30, 2014

Sears Canada is laying off 624 employees, the second time in as many weeks the struggling retailer has announced cost-saving cuts to its workforce. The company, whose sales have fallen for the last seven fiscal years in a battle with stronger rivals like Wal-Mart, Costco and Winners, said late Wednesday that the layoffs will lead to more effective communication between management and its store associate teams. The cuts result in an average reduction of five associates per store from a mid-tier level, the retailer said. 

Chief of Abercrombie & Fitch is Stripped of Chairman Title
January 29, 2014

Teen apparel retailer Abercrombie & Fitch stripped its chief executive, Mike Jeffries, of his chairman duties, bowing to investor pressure to reduce his control over the struggling company. "It seems like it's a political and respectful way of approaching a CEO issue without saying we're gonna throw you to the curb," said Simeon Siegel, an analyst at Nomura Equity Research. Jeffries, 69, hired in 1992 to revamp what was an ailing sports brand, has faced criticism for failing to stop the retailer from ceding market share to chains like Forever 21 and Inditex's Zara. 

Wal-Mart to Cut 2,300 Workers From Sam's Club Stores
January 27, 2014

Wal-Mart said it's eliminating 2,300 workers at its Sam's Club division as it reduces the ranks of middle managers in a bid to be more nimble. The layoffs, which cut 2 percent of the membership club's U.S. employee count of about 116,000, mark the largest since 2010 when the Sam's Club unit laid off 10,000 workers as it moved to outsource food demonstrations at its stores. The cuts come as Sam's Club strives to compete better with Costco Wholesale Corp. and online players like Amazon.com's Prime membership service. 

American Eagle CEO Robert Hanson Abruptly Steps Down
January 23, 2014

American Eagle said after the market closed Wednesday that Chief Executive Robert Hanson has left his post after less than two years, a move that stunned Wall Street. The teen apparel retailer said Executive Chairman Jay L. Schottenstein, who was previously chief executive from March 1992 through December 2002, will temporarily fill in for Hanson. The company said it will start looking for a permanent replacement. Executive Creative Director Roger S. Markfield, who is also vice chairman, agreed to delay his planned retirement and continue in his current roles, according to American Eagle.