OPERATIONS

Tuesday Morning Names New Board Member

BY CSA STAFF

Dallas Tuesday Morning Corp. said Wednesday it appointed former McDonald’s Corp. executive David Green to its board of directors.

Green is a business consultant and has served as a director of the Association of National Advertisers, the Anti-Defamation League’s Chicago branch and the Aviation Professional Education Center. He worked at McDonald’s for 30 years and retired in 2002 from his position as senior VP and senior marketing officer.

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OPERATIONS

Union Votes for Safeway Contract

BY CSA STAFF

Roseville, Calif. A union of supermarket workers said Friday it voted to approve a new four-year labor contract with two of Safeway Inc.’s chains in Northern California. The contract covers about 25,000 employees at 300 Safeway and Vons supermarket chains in the area.

The union, United Food and Commercial Workers (UFCW), said the new contract includes wage increases and improvements in health care, pensions and job-protection language.

Under the new contract, UFCW members will not be required to pay premiums for health care, the union added.

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OPERATIONS

Neiman Marcus CEO Renews Contract

BY CSA STAFF

Dallas

Neiman Marcus Group Inc. CEO Burton M. Tansky has renewed his contract for another two years. The contract, which was set to expire in October 2008, has been extended to October 2010, according to a report on WWD.com.

The contract provides that Tansky’s employment will automatically be extended for one-year periods after the term of the agreement expires unless, at least six months prior to the commencement of any one period, Tansky or the board decides it’s time for him to retire. A Securities and Exchange Commission filing, which disclosed the contract renewal, lists Tansky’s base salary at $1.3 million, the report said.

Last October, the Neiman Marcus Group formed an office of the chairman, throwing the spotlight on two veteran officials, Karen Katz and James Skinner, as leading contenders to one day succeed Tansky.

Katz is president and CEO of the Neiman Marcus Stores division. As part of the chairman’s office, she has the additional role of executive VP of the group, entailing responsibilities for strategy, business development and marketing.

Skinner, senior VP and CFO, is included in the office of the chairman. He is also executive VP and CFO of the group, with responsibility for information services.

Tansky, who has been at the helm of the high-end retailer since the early 1990s, also serves as chairman and president of the corporation.

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