Whitehall Jewelers CEO to Retire
Chicago Whitehall Jewelers Holdings said that its chairman of the board and CEO Edward Dayoob will retire from his post as CEO. Dayoob will remain actively involved as the chairman of the board and as a consultant to the company advising on merchandising and operations strategy, the company said.
President and COO Michael Don will assume the role of CEO of Whitehall Jewelers, effective April 30. No other changes in the company’s management team are planned.
Report: Bloomingdale’s, Union Reach Tentative Deal
New York The management of Bloomingdale’s and leaders of Local 3 of the Retail, Wholesale and Department Store Union have reached a tentative agreement, according to a report in Women’s Wear Daily.
The union and management are split over health-care coverage and raises and will continue to negotiate the issues for two more weeks, the report said.
The report also said that the tentative settlement is subject to ratification by the union membership on Thursday. The union’s previous contract expired on March 1, but talks had been extended through tonight.
Last week, workers authorized a strike at Bloomingdale’s Manhattan store, which could have lead to the first shutdown at the famed flagship in more than four decades. The walkout would have affected only Bloomingdale’s 59th Street store.
The union had authorized a strike if an agreement couldn’t be reached by 6 p.m. Bloomingdale’s said the agreement “eliminates any possibility of a strike being called against the retailer,” according to the report.
New York & Co. Promotes Exec
New York City New York & Co. appointed Terri Abplanalp to the position of VP, real estate. In her new position, Abplanalp will supervise and coordinate real estate negotiations with all landlords, as well as drive the strategic planning efforts to support these negotiations.
Abplanalp has been with New York & Co. since 2003. During this tenure, she worked on location analysis and store site acquisitions throughout the country.