Supreme Court lets stand $36M Family Dollar ruling
San Francisco Family Dollar Stores said on Monday that the U.S. Supreme Court has decided not to hear its appeal of a $35.6 million verdict finding in favor of store managers who said they were denied overtime pay.
The suit alleged that Family Dollar violated the Fair Labor Standards Act by classifying the plaintiffs and other store managers as exempt employees who were not entitled to overtime compensation.
Family Dollar has said it believed the store managers were exempt employees and that they were properly compensated.
A Tuscaloosa, Ala., jury found in 2006 that Family Dollar should have classified the plaintiffs as hourly employees entitled to overtime pay, and the trial court entered a judgment for $35.6 million. Family Dollar appealed the ruling.
In its regulatory filing, Family Dollar said that as of May 30, it had accrued liabilities of approximately $51.2 million related to the suit. The retailer said on Monday that the court’s decision not to hear the case will not have a material impact on its financial condition.
The suit was originally filed by Janice Morgan and Barbara Richardson on Jan. 30, 2001.
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Dollar General partners with Lysol/Air Wick for literacy campaign
GOODLETTSVILLE, Tenn. Dollar General has partnered with Lysol and Air Wick to raise money for its literacy charity.
For every Lysol and Air Wick product purchased at Dollar General from Oct. 2 through Nov. 13, 5 cents will be donated by Reckitt Benckiser to the Dollar General Literacy Foundation, up to $150,000. In addition, customers can mail Dollar General receipts for Lysol or Air Wick purchases to Dollar General Literacy and a $1 donation will be made by Reckitt Benckiser to the Dollar General Literacy Foundation, up to $10,000.
Walgreens SVP pharmacy innovation, purchasing to leave company
DEERFIELD, Ill. Walgreens announced that George Riedl, SVP pharmacy innovation and purchasing, will leave the company at the end of the year.
Since March, Riedl has overseen the rollout of a new pharmacy system in Florida and Arizona that centralizes administrative tasks and provides store pharmacists more time for patient counseling and other clinical services. With rollout of the system complete in Florida and nearing full implementation in Arizona, Riedl will finalize his transition from the company over the coming months.
“With the confidence I have in the direction of the company’s pharmacy operations and in Walgreens future as a whole, this is the right time for me to move on to other opportunities,” said Riedl. “I look forward to the challenges that lay ahead.”
Walgreens president and CEO Greg Wasson said, “During his 27 years with Walgreens, George has played a key role in several areas, including marketing, merchandising, purchasing and pharmacy services. We appreciate all he has done for the company during that time and for his willingness to stay on during this transition period. George’s outstanding leadership skills in developing and motivating staff will benefit our company for years to come. We wish him the best in his future endeavors.”
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