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...They've seen some really high compensation packages and wonder if it really takes $50 million a year to motivate someone," says Ken Suelthaus, vice chairman who handles M&A activity and corporate law at Polsinelli Shughart...
...matter how the suit turns out, Abercrombie & Fitch doesn't need another headache. The company just announced more dismal sales figures: August same-store sales declined 29%. In 2004, the EEOC sued Abercrombie for limiting its hiring of minorities; that case was settled for $50 million. A British woman sued the company for discrimination after Abercrombie's management allegedly shunted her to the stockroom for wearing a cardigan to cover her prosthetic arm. In August, a tribunal awarded her nearly $15,000. The EEOC has also sued Hollister, a teen retailer owned by Abercrombie, for allegedly firing a Pentecostal worker...
...service comes courtesy of the Mass. Ave. retailer’s new printing machine, which will make it the first bookseller in the nation with the ability to print 3.6 million titles on demand...
...Espresso Book Machine—produced by New York-based firm On Demand Books—has been rolled out to a select few stores to date, but the one at Harvard Book Store will be the first with access to the 2 million public-domain texts digitized by Google, which also announced a deal with On Demand last Thursday...
After the unveiling on Sept. 29, Harvard Book Store customers will be able to order a printed copy of Google’s titles or On Demand’s 1.6 million works—all in public domain because they were copy-righted before...