OPERATIONS

Delhaize Belgium/Luxembourg CEO to retire

BY Dan Berthiaume

Brussels, Belgium – Dirk Van den Berghe has decided to resign from his role as CEO of Delhaize Belgium and Luxembourg effective July 31. Delhaize Group is announcing that Van den Berghe has decided to resign and accept a new role outside the company.

"I want to thank Dirk for his significant contributions to Delhaize Group and wish him well in his future endeavors,” said Frans Muller, Delhaize Group president and CEO. “Our operations in Belgium and Luxembourg have a dedicated and capable management team that is well-equipped to address the challenges we face and to build on opportunities we have to improve our business."

keyboard_arrow_downCOMMENTS

Leave a Reply

No comments found

Polls

Consumer confidence is high. Is that reflected in your stores’ revenues?

View Results

Loading ... Loading ...
OPERATIONS

Report: Chinese authorities ask Wal-Mart to resolve labor dispute

BY Dan Berthiaume

Bentonville, Ark. – Wal-Mart Stores Inc. has reportedly been given a May 30 deadline to settle a labor dispute in the Chinese city of Changde. According to the Wall Street Journal, Changde officials want Wal-Mart to reach an out-of-court settlement with workers at a store there which is scheduled to close.

The workers claim they did not receive proper compensation for or notification of the impending closure, and want their severance doubled. Sixty-nine of 135 store employees are currently in arbitration talks with Wal-Mart. The retailer said it is attempting to comply with the request and reach a mutual agreement with employees.

keyboard_arrow_downCOMMENTS

Leave a Reply

No comments found

Polls

Consumer confidence is high. Is that reflected in your stores’ revenues?

View Results

Loading ... Loading ...
FINANCE

Abercrombie settles overtime suit with more assistant managers

BY Dan Berthiaume

New Albany, Ohio – Abercrombie & Fitch Co. and Abercrombie & Fitch Stores Inc. have offered to pay $96,000 to 13 assistant managers for failing to pay proper overtime wages, in connection with a lawsuit filed in the Eastern District of New York. This is in addition to prior offers from Abercrombie & Fitch to pay other assistant managers who had joined the lawsuit.

Abercrombie also agreed to pay the assistant managers’ attorney’s fees and court costs. The claims arose under the Fair Labor Standards Act ("FLSA") and asserted that Abercrombie violated the FLSA by failing to pay Assistant Managers all wages due and owing to them for working more than 40 hours a week. Abercrombie did not pay overtime to the assistant managers at time and one-half, and plaintiffs alleged that its practice violated the law.

Abercrombie claimed that the amounts offered to the assistant managers include all overtime wages owed plus liquidated (double) damages, and interest. The full number of Abercrombie assistant managers who were subject to Abercrombie’s pay practice is not known. Assistant managers are continuing to join the lawsuit.

keyboard_arrow_downCOMMENTS

Leave a Reply

No comments found

Polls

Consumer confidence is high. Is that reflected in your stores’ revenues?

View Results

Loading ... Loading ...