article thumbnail

A Manager at a Pennsylvania Wendy’s Invented a Fake Employee and Pocketed Wages of $20,000, Police Say

Retail Wire

A former general manager at a Wendy’s restaurant in Pennsylvania has been charged with theft by deception after allegedly inventing a fake employee named William Bright to pocket wages. The manager manually logged 128 shifts for the non-existent employee, receiving $19,898 between June 2021 and May the following year.

article thumbnail

Casper Appoints New CEO in Leadup to Acquisition by Durational Capital Management

Retail TouchPoints

Casper Sleep has entered into a definitive agreement to be acquired by Durational Capital Management LP , which will take the mattress retailer private. million in Q3 2021 despite a 26.8% The company aimed for a $1 billion IPO in February 2020 but was ultimately valued at $476 million. Durational Capital will pay $6.90

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Retail TouchPoints and design:retail Reveal the 40 Under 40 Class of 2021

Retail TouchPoints

The 2021 class of impressive leaders is comprised of founders, CEOs, creative directors, design managers, marketing executives, ecommerce gurus, VPs and many more changemakers rewriting the rules of retail in unique and exciting ways. Robert Timothy Blair , Manager Retail Operations: Customer Experience , White House BLACK MARKET.

article thumbnail

Addressing New Challenges in Managing Retail and Service Employees Post-Pandemic

Retail TouchPoints

Retail managers now face employee management and safety challenges that require additional tools and oversight. Retail managers must address these incidents’ effects on employee morale and retention. Stress around safety issues at the workplace is likely to be a significant contributing factor to employee turnover.

article thumbnail

Selfridges launch 2021 Christmas Windows

Retail Focus

We know our customers have been dreaming of being together, so we are looking forward to hosting friends and families at Selfridges to celebrate even more extraordinary experiences this festive season.” Says Andrew Keith, Selfridges Managing Director. More pictures will be published on our window walk feature soon.

article thumbnail

Michaels to be Acquired by Apollo Global Management

Retail TouchPoints

The Michaels Companies (Michaels) and funds managed by affiliates of Apollo Global Management Inc. Apollo) have entered into a definitive merger agreement through which investment funds managed by affiliates of Apollo will acquire the company. The transaction values Michaels at an equity value of approximately $3.3

article thumbnail

Clarks UK managing director and chief product officer depart

Retail Gazette

Clarks UK and Ireland managing director Bob Neville and chief product officer Victoria Jones have left the business. Jones leaves the footwear retailer after more than six years, having joined in March 2018 as head of retail marketing for UK and Europe and taking several roles before becoming chief product and merchandising officer in 2021.