Tag: retailers

by The City Wire staff -

Walmart, retailers announce holiday hiring

The nation's largest retailer said Monday (Sept. 23) it will hire 55,000 seasonal associates, will transition more than 35,000 associates from temporary to part-time and another 35,000 associates will move…

by The City Wire staff -

The Supply Side: Retailer business briefs

• Federal authorities seize 14 franchises of 7-Eleven Convenience store giant 7-Eleven said it will require an internal review of personnel records among its 5,600 franchise owners after federal authorities…

by The City Wire staff -

J.C. Penney CEO Ron Johnson is out

Former Apple executive Ron Johnson was outsted from his CEO role at Dallas-based J.C.Penney on Monday, (April 8), according to CNBC. J.C.Penney said Mike Ullman, will step in as interim…

by The City Wire staff -

Retailer executive churn at work

A new year marks changes for many, it’s not uncommon to see football coaches fired after disappointing seasons and it’s quite normal for retailers to announce retirements and make key…

by The City Wire staff -

Retailers making news: Gap, Macy’s

• Gap acquires Intermix In a move to expand into higher-end fashion Gap Inc. acquired Intermix, a multi-brand specialty retailer of luxury and contemporary women’s apparel and accessories, based in…

by The City Wire staff -

Big Box retailer Target downgraded

A disappointing holiday season and tougher sales comparisons ahead were enough to prompt an analyst downgrade of Target Corp on Wednesday (Jan. 2). Target shares tumbled to $58.82, down 35…