Personnel

Toys"R"Us Lays Off Up to 15% of Corporate Staff
February 21, 2017 at 11:31 am

Toys“R”Us Inc. recently laid off between 10 percent and 15 percent of its corporate employees, the latest traditional brick-and-mortar retailer to cut jobs as shopping rapidly shifts from physical stores to online ones. About 250 jobs were eliminated at the Wayne, N.J.-based company, people familiar with the matter said. The layoffs were announced Friday. Toys"R"Us CEO David…

How Retail Execs Are Awarding Raises
February 15, 2017 at 5:30 pm

Our coverage of Total Retail’s first annual Salary Benchmark Report this week examines how retail executives — CEOs/presidents/founders; chief marketing officers; C-level execs other than CEOs and CMOs; and vice presidents — view the approaches taken by their companies to award raises. This data can be looked at in two different ways: one, how their own…

Does Your Age Impact Your Salary?
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…

Payless in Talks to Close 1,000 Stores
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,…

Do Retail Execs Feel They're Being Compensated Fairly?
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,…

Dollar General to Hire 10,000 Workers
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.…

The Benefits Retail Execs Want That They're Not Getting
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…

How the Size of Company Affects Your Salary
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…

Amazon to Fight Trump's Immigration Order
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…

An Analysis of the Benefits Retail Executives Receive
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…