Personnel

Retail Tops Job Losses Report
May 8, 2017 at 12:28 pm

The retail industry announced 11,669 job cuts in April, the highest total among all industries, bringing the year-to-date total to 50,133. That's up 36 percent from the 36,977 retail sector job cuts announced in the first four months of 2016. The retailers responsible for the most job cuts this year include Macy's (10,000), J.C. Penney…

Target Cuts CEO's Pay 33% After Disappointing Year
May 2, 2017 at 10:03 am

Target Corp. Chief Executive Officer Brian Cornell got no bonus and saw his pay cut by one-third after a year marred by disappointing sales, customer defections and executive departures. Cornell’s compensation declined 33 percent last year to $11.3 million, most of which came from stock awards valued at $9.65 million, according to a proxy statement filed…

Amazon's Jobs Strategy Helping it Conquer Retail
April 26, 2017 at 1:28 pm

Amazon.com will add another 100,000 full-time jobs over the next 18 months, company founder and CEO Jeff Bezos proudly announced earlier this year. The new jobs are great, but a closer inspection shows Amazon may simply be adding back jobs it helped kill off. For example, Amazon played a large role in eliminating more than 50,000 jobs…

Academy Sports + Outdoors Names Sam Johnson Executive Vice President, Retail Operations
April 12, 2017 at 1:01 pm

Academy Sports + Outdoors, a sports, outdoor and lifestyle retailer, named Sam Johnson as its executive vice president of retail operations, effective April 24. Johnson joins Academy after seven years with HHGregg, where he most recently served as chief retail officer. At HHGregg, he led store operations, customer relations, commercial sales, real estate and visual merchandising. Prior…

Estée Lauder's North American Group President to Retire
April 12, 2017 at 12:51 pm

The Estée Lauder Cos. Inc. announced this week that Thia Breen, group president of North America, is retiring after 40 years with the company. Breen will be succeeded by Chris Good, Estee Lauder's president of U.K. and Ireland, while Philippe Warnery, current general manager for Canada, will be named senior vice president and general manager for…

UK Supermarket Asda Offers Raises for Flexible Scheduling
March 14, 2017 at 11:43 am

Asda, the British supermarket owned by Wal-Mart, is offering staff in its stores a 14 percent rise in hourly pay if they sign a contract requiring more flexible work schedules. Britain's No. 3 supermarket said on Monday it will offer its 135,000 store staff a base rate of 8.50 pounds ($10.39) an hour from October, up…

Does Experience Impact Financial Benefits Received?
March 8, 2017 at 10:25 am

Our coverage of Total Retail’s first annual Salary Benchmark Report continues this week as we examine what impact, if any, experience level has on the financial benefits that retails executives receive from their employers. As a reminder, the Salary Benchmark Report was produced based upon the responses to an online survey that was sent to Total Retail’s audience over a two-week…

J.C. Penney to Close Up to 140 Stores, Offer Buyouts
February 24, 2017 at 11:46 am

J.C. Penney plans to close 130 to 140 stores and offer buyouts to 6,000 workers as the department store industry sags in competition with online sellers and nimble niche retailers. The company said Friday that it would shutter 13 percent to 14 percent of its locations and introduce new goods and services aimed at the shifting…

Lowe’s Lays Off More Than 500 Employees
February 23, 2017 at 12:27 pm

Lowe's is cutting back on staff. The home improvement retailer has laid off more than 500 full-time corporate employees companywide in its latest efforts to streamline operatios. The Charlotte Observer reports the layoffs includes 430 workers at Lowe's headquarters in Mooresville, N.C., as well as 70 support staffers in Wilkesboro, N.C. and 25 corporate support…

Retail Execs Share Views on Compensation Transparency
February 22, 2017 at 2:56 pm

Our coverage of Total Retail’s first annual Salary Benchmark Report this week examines retail executives’ — CEOs/presidents/founders; chief marketing officers; C-level execs other than CEOs and CMOs; and vice presidents — opinions on how transparent their companies are when it comes to employee compensation. This data can be looked at in two different ways: one, how…