promotion

J.C. Penney Brings Back Free Haircuts for Kids

Children who missed the opportunity to get a free haircut at J.C. Penney last month will get plenty more chances. After an overwhelming response to the chain's free haircut program for children in August -- 1.6 million haircuts, to be exact -- Penney will be making it a permanent offer every Sunday, starting Nov. 4.

New Site Lets Shoppers Name Their Own Deals

Popular daily-deal sites, such as Groupon and LivingSocial, work with businesses to offer group discounts for shoppers. New site oBaz, which launches Tuesday, wants to reverse the model by enabling shoppers to ask for what they want.

Well-Educated Women Pay a High Price to Have Kids

Highly skilled women will lose about a quarter of a million dollars, or as much as a third of their lifetime earnings, by choosing to have a child, making the prospect of raising a family a far more expensive one for college grads than their less-educated counterparts, a new study shows.

Citigroup Promotes John Havens to President and COO

Citigroup on Wednesday announced the promotion of John Havens, the head of its Institutional Clients Group, to president and chief operating officer. The move is designed to make the financial behemoth nimbler by cutting the number of executives who report directly to CEO Vikram Pandit.

People@Work: These Days, Even Promotions Are Harder to Come By

Fresh data show that the number of promotions given to American workers has dwindled, suggesting that even those with jobs are having a tough time getting ahead. Fewer promotions are "a sign of the lingering impacts of the recession," one expert says.

Retailers Prepare for an Uninspiring 2011

As retailers wrapped up their third-quarter earnings reports this week, most merchants said they're back in cost-control mode and will tighten inventories after the holidays. With shoppers still spending cautiously and costs on the rise, profit growth will have to come from squeezing more juice out of slowly rising sales.

Goldman Sachs Promotes Hundreds of Employees

Goldman Sachs Group (GS) promoted a record number of employees to the position of managing director, giving them more money and prestige as the bank rebounds from the financial crisis. The bank raised 321 people to the status of MD, up from 272 last year, Bloomberg News reported. Earlier this week, the company selected 110 people to become partners, giving them access to a special compensation pool.

Occidental Petroleum Names Stephen Chazen as CEO

Occidental Petroleum (OXY) promoted COO Stephen Chazen to the position of CEO, effective May 2011. Chazen will replace Ray Irani, who will continue as full-time executive chairman, the company said in a statement.

Retail Sales Suffer in the Intense July Heat

The weather was hot in July, but consumers went cold, leading to disappointing retail sales that came in below or at the low end of most forecasts. The high temperatures across the U.S. may have been one culprit, helping boost sales of marked-down summer clearance items.

Career-Management Tips for 2010

Though the odds may seem daunting, job seekers shouldn't view finding new employment as an impossible goal, says workplace expert John Challenger, chief executive at employment consultancy Challenger, Gray & Christmas. "The key to success is to take an active approach and make your own opportunities," he says.

Today's job hunters need an edge

resumeIt's getting increasingly competitive in the job market these days. With current unemployment figures ranging anywhere from 5% to 7.5%, depending on...

Everyone needs a free cookie...

For American and Canadian cookie lovers alike, who happen to be near a Doubletree Hotel in early July -- take note of what I just learned: Canadians...