Sam’s Club to cut 2,300 workers
Bentonville, Ark. – Wal-Mart Stores is eliminating the positions of about 2,300 Sam’s Club employees. The job cuts represent 2% of Sam’s total workforce. Employees whose jobs are eliminated that cannot find another job with Wal-Mart or Sam’s Club will be eligible for severance.
The cuts include salaried assistant managers and also some hourly workers. In an Associated Press report, Bill Durling, a spokesman at Sam’s Club, said that each of the clubs had roughly the same number of workers regardless of how much revenue each store generated.
"We felt this was the right move to make sure we are positioning ourselves for growing in the future," said Durling, in the Associated Press report. "We are trying to rebalance our resources in the field to make sure we are investing in the clubs that have the higher growth potential and balancing resources across the chain."
The layoffs represent the largest job reductions at Sam’s Club since 2010.
Michaels investigates possible data breach
Irving, Texas – Michaels Stores has learned of possible fraudulent activity on some U.S. payment cards that had been used at Michaels, suggesting that the company may have experienced a data security attack.
In a statement posted to its website on Jan. 25, Michaels said it is working closely with federal law enforcement and is conducting an investigation with the help of third-party data security experts to establish the facts.
“Although the investigation is ongoing, based on the information we have received and in light of the widely-reported criminal efforts to penetrate the data systems of U.S. retailers, we believe it is appropriate to notify our customers that a potential issue may have occurred,” Michaels CEO Chuck Rubin said in the statement. “Throughout our 40-year history, our customers have always been our number one priority and we deeply regret any inconvenience this may cause. The privacy and security of our customers’ information is of critical importance to us and we are focused on addressing this issue.”
The U.S. Federal Bureau of Investigation last week warned retailers to expect more attacks and said the agency has reviewed 20 incidents over the past year that were similar to the recent breaches.
Former Williams-Sonoma exec to head global retail at Levi’s
New York — Levi Strauss & Co. has named Craig Nomura as president of global retail, effective Feb. 3, 2014. He joins Levi’s from Williams-Sonoma Inc., where he was most recently senior VP of global development.
Nomura, who also held leadership positions at Gap Inc., The Gymboree Corp., Guess?, Inc., and Foot Locker, succeeds Joelle Maher, who left Levi’s in June 2013 to join Gymboree as COO.
In his new position, Nomura will also serve as executive VP, reporting directly to president and CEO Chip Bergh. He will be responsible for Levi’s 2,800 stores around the world and the e-commerce operations.
“Craig is a true global citizen with a proven track record of delivering profitable growth for some of the world’s top retailers,” said Bergh.