Content about Structure

May 13, 2013

In what could be bad news for retailers, “mass affluent” consumers (those with $50,000 to $250,000 in investable assets) and Gen Y (age 18-34) are cutting back on spending to save for retirement.

New York – In what could be bad news for retailers, “mass affluent” consumers (those with $50,000 to $250,000 in investable assets) and Gen Y (age 18-34) are cutting back on spending to save for retirement. According to the Spring 2013 Merrill Edge Report, the average mass affluent investor expects to save $860,000 for retirement but has only saved $150,000. If given an extra $1,000 per month, 50% of mass affluent consumers would put it toward savings or paying down debt.

March 4, 2013

By Randy Frischer, Jonathan Forman, and Brad Poris, BDO USA, LLP

February 15, 2013

By Ben Carrasco, Smith, Robertson, Elliott & Douglas, LLP

By Ben Carrasco, litigation associate, Smith, Robertson, Elliott & Douglas, LLP, Austin, Texas,
bcarrasco@smith-robertson.com

October 22, 2012

By Bruce M. Cross, Perkins Coie LLP

By Bruce M. Cross, BCross@perkinscoie.com

In the holiday rush, it's easy to overlook wage-hour issues. This article discusses common ones to which retailers should be alerted, including: temporary workers and independent contractors; unpaid interns and trainees; “off-the-clock” work, meal and rest breaks; seating requirements; cost of uniforms; workplace safety; and overtime exemptions.

Temporary workers

October 9, 2012

I’m sure I wasn’t the only person in the industry to raise an eyebrow when the S&P Retail Index notched an all-time high last month.

I’m sure I wasn’t the only person in the industry to raise an eyebrow when the S&P Retail Index notched an all-time high last month. Closing at $669.26 on Sept.14 to reach that milestone, the index has continued to creep up even further the last couple of weeks. A closer look at the stock market performance of the retail sector shows that both REITs and many individual retailers are continuing a strong positive trend—which makes sense, of course, because REITs will perform better in a strong retail environment when retailers are doing well.

June 21, 2012

Compared with most other industries, retail companies face shorter time horizons and tighter metrics. The pressure to perform is great, which perhaps explains why many retail firms are having trouble holding onto their top executives.

For example, one major U.S. retailer recently suffered the departures of a senior marketing executive, a division president and another executive VP, all within the space of a few months. One of those executives had lasted only five months, while another had a tenure of less than two years.

March 2, 2012

JDA Software Group announced that Woolworths, South Africa’s leading and most respected retail chain, selected a number of JDA solutions in fourth quarter 2011.

New York City -- JDA Software Group announced that Woolworths, South Africa’s leading and most respected retail chain, selected a number of JDA solutions in fourth quarter 2011.

February 23, 2012

Branding agency The Richards Group said Wednesday that, on behalf of client H-E-B Grocery Co., it has selected production company King and Country to create six new spots featuring a mixture of kids, family pets, animated typography, and the red and white colors from H-E-B's logo.

Santa Monica, Calif. -- Branding agency The Richards Group said Wednesday that, on behalf of client H-E-B Grocery Co., it has selected production company King and Country to create six new spots featuring a mixture of kids, family pets, animated typography, and the red and white colors from H-E-B's logo.

The first of the 15-second spots debuted Wednesday in targeted TV and cable outlets and on HEB's social media channels, including YouTube.com/HEB.

October 4, 2011

Claire's Stores, Inc. said Tuesday that it has named Beatrice Lafon President of the European Division, effective immediately.

Chicago -- Claire's Stores, Inc. said Tuesday that it has named Beatrice Lafon President of the European Division, effective immediately.

In her position as President of Europe, Lafon will lead the continued growth and expansion of the European business, with direct oversight of buying, merchandising and allocation, supply chain, stores, and the overall operations for approximately 1,100 stores across 13 countries.

Lafon will report to Gene Kahn, CEO. 

October 19, 2010

Recreational Equipment Inc. (REI) announced that Mark K. Comstock has joined the co-op in the...

September 14, 2010

E-commerce solution provider Escalate Retail said Tuesday that Woolworths’ BIGW and Dick Smith brands have...

August 31, 2010

Five & Dime General Stores said Wednesday that it has teamed with commercial real estate...

August 15, 2010

Nothing catches a customer’s eye quite like the word “free.” Perhaps that’s why so many...

By David Zetoony, David.Zetoony@bryancave.com

March 10, 2010

Retail Industry Leaders Association president Sandy Kennedy has issued a statement in response to the...

January 4, 2009

Woolworths South Africa has implemented a solution from i2 Technologies, Dallas, to improve buying and...

December 30, 2008

Woolworths, for decades one of the United Kingdom’s most popular retail chains, is going out...

August 19, 2008

Woolworths Group plc said that it rejected a purchase proposal from Baugur Group Hf, an...

May 17, 2005

Schenectady, N.Y., Price...