OPERATIONS

Jones Group names senior Coach exec as divisional president

BY Katherine Boccaccio

New York — The Jones Group Inc. said Wednesday it has appointed Kathy Nedorostek to the newly created position of group president, global footwear and accessories, effective mid-October.

In her new position, Nedorostek will oversee footwear, handbags and jewelry for Jones Group.

Nedorostek arrives at Jones Group from Coach, where she was president of North America Wholesale and Global Licensing.

She has also served as president and COO of Natori Co., president of the cK Calvin Klein Shoes & Bags division of Nine West Group and COO for Judith Leiber. She also held senior management positions at Saks Fifth Avenue.

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FINANCE

Family Dollar to settle with New York store managers for $14 million

BY Katherine Boccaccio

Matthews, N.C. — Family Dollar Stores said Wednesday it plans to settle a class-action matter with more than 1,700 New York store managers who filed suit on claims of unpaid overtime wages.

The preliminary settlement provides for a maximum payment of $14 million by Family Dollar. Settlement terms are pending court approval, and the discounter plans to record a fourth quarter charge to cover the costs.

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News

Rite Aid launches nationwide health-and-wellness effort

BY CSA STAFF

CAMP HILL, Pa. — Rite Aid is launching a six-month, nationwide health-and-wellness campaign to mark its 50 years of operation, the retail pharmacy chain said Wednesday.

RA50, as the new campaign is called, began Wednesday near the company’s headquarters in Camp Hill, Pa., and will move on to the Pennsylvania state capital of Harrisburg Thursday through Saturday. Afterward, it will move on to Baltimore; Philadelphia; Pittsburgh; Scranton, Pa.; Cleveland; Detroit; Portland, Ore.; Los Angeles; Atlanta; Norfolk, Va.; and New York.

"Rite Aid’s motto is ‘With us, it’s personal,’ and for 50 years, our associates have proudly delivered on this promise by meeting the health and wellness needs of our customers and communities," Rite Aid chairman, president and CEO John Standley said. "RA50 embodies our core values and is the perfect way for Rite Aid to thank the many communities across the nation that have helped us grow and to continue our mission of helping those we serve live healthier, happier lives."

The "acts of wellness" will include free screenings, wellness fairs, public education events and what the company called efforts to spread wellness-related messaging in "novel" ways. Events will address community needs, such as diabetes, heart disease, childhood obesity and cold and flu prevention. Participating organizations include Children’s Miracle Network Hospitals, Boys Hope Girls Hope, Boys & Girls Clubs and Marathon Kids, United Way chapters and local school districts, senior centers and other private and public organizations.

Rite Aid’s history began with the opening of the first store in Scranton in 1962, a 1,400-sq.-ft. store then called the Thrif D Discount Center. Rite Aid’s first pharmacy opened in 1966, and the company was named Rite Aid Corp. in 1968. Since then, it has grown to more than 4,600 stores in 31 states and the District of Columbia, employing more than 90,000 people, according to the company.

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