American Eagle Outfitters has hired former Polo Ralph Lauren executive Bob Madore as its new chief financial officer, replacing interim CFO Scott Hurd. Madore has worked in retail for more than 20 years and his resume includes stints at New York & Co. and Nine West Group.
There are several indicators that companies should look for when deciding whether to update a sales compensation plan, rather than just focusing on a preset schedule. A company's inability to attract and retain top talent, or salespeople's complaints that the plan is unwieldy are strong indicators that the plan needs to be updated.
Taking a pledge for civility is among the ideas offered in this blog post from educators, journalists and others on helping students learn how to have a civil discourse on controversial issues. Other ideas include establishing rules for respect during in-class and online student discussions.
Despite weak demand for loans and slow economic recovery in the eurozone, the European Central Bank should not yet turn to equity purchases to stimulate the economy, Governing Council member Bostjan Jazbec said Thursday. ECB staff has been tasked with exploring ways to ensure the central bank doesn't run out of assets to purchase while it seeks to avoid expanding its stimulus scheme.
Whole Foods Market opened an 18,000-square-foot store in Chicago's Englewood neighborhood this week, giving one of the city's poorest neighborhoods a place to buy fresh and organic foods. The retailer has striven to stock local products and hire employees from the neighborhood.
Healthy people who had high adherence to a Mediterranean diet had a 5% to 15% lower risk of incident cardiovascular disease, compared with those who had poor adherence, UK researchers reported in BMC Medicine. Data suggested 3.9% of new cardiovascular disease cases and 12.5% of cardiovascular deaths in the study population potentially could be avoided by increased adherence to the Mediterranean diet.
Lauren DiZazzo covers the Twitter strategies of five major brands. Nationwide Insurance focuses on giving its audience value in every tweet, while Denny's uses to timely humor to connect with fans.
Lord & Taylor is working with Xcel Brands to accelerate its supply chain and reduce the need for markdowns, a necessity as the department store competes with fast-fashion retailers. Buyers from Lord & Taylor work directly with designers from the factories that make their products, saving time and costs by cutting out the middlemen.
Amazon, Alphabet, Facebook, IBM and Microsoft have come together to form "Partnership on AI," a group that aims to be inclusive of businesses of all sizes and to openly share research on AI topics such as privacy and ethics.
California Gov. Jerry Brown signed into law "right to try" legislation that allows drug manufacturers to provide terminally ill patients with investigational drugs not yet approved by the FDA. The Right to Try Act covers terminally ill patients who have been previously treated with other FDA-approved drugs.
The Federal Communications Commission pulled the set-top-box proposal from its September agenda, saying it would remain under consideration by the FCC commissioners. "We are still working to resolve the remaining technical and legal issues and we are committed to unlocking the set-top box for consumers across this country," Chairman Tom Wheeler and Democratic commissioners Jessica Rosenworcel and Mignon Clyburn said in a joint statement.
Public transit in the US is aging, and some transit agencies have delayed maintenance due to lack of funds. The train crash Thursday in Hoboken, N.J., highlights the need to invest in rail infrastructure along with positive train control technology that could prevent some types of crashes, according to this article.
Wind development, such as a proposed project from Swanton Wind, benefits Vermont landowners and the communities they live in, writes Swanton Wind Principal and Rocky Ridge Construction owner-operator Travis Belisle. "Wind is working for Vermont's economy and its environment. For the future of our rapidly warming world, let's hope that politicians will keep it that way," he writes.
FedEx has pledged $1.5 million to Kent State University's College of Applied Engineering, Sustainability and Technology in order to help the program in Ohio expand at the university's airport. "I am proud to say FedEx has long supported the career development of the aviation professionals of tomorrow, so we are honored to present Kent State University with this donation," said David Bronczek, president and CEO of FedEx Express.
Virginia's riverside city, Richmond, has renovated its attractions and places of interest from the newly reopened Black History Museum and Cultural Center of Virginia to the expanded Virginia Museum of Fine Arts. Visitors can satisfy their sweet tooth at Sugar Shack Donuts, tour the John Marshall House and go cycling along the riverfront.