Retail Roundup—Lululemon expands Chicago flagship, Etsy announces job cuts

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Lululemon is expanding its existing Chicago store to create a flagship location.

Lululemon to create Chicago flagship

Lululemon is expanding its store in Chicago's Gold Coast neighborhood and creating a flagship location. The retailer will be taking over space in an adjacent building, almost doubling in size its current 2,900-square-foot space. (Chicago Tribune)
 

Etsy announces job cuts, names new CEO

After announcing it would cut its workforce by 8%, Etsy named director Josh Silverman as the company's new CEO. Chad Dickerson, who served as CEO for six years, will also step down as chairman. (Bloomberg)
 

Hammer & Nails plans for growth

Hammer & Nails Grooming Shop for Guys has announced it will open 10 locations in Maryland over the next three years. The men’s foot care, hair care and grooming shop has plans for more than 250 locations by 2022. (Yahoo Finance)
 

House passes bill to change overtime rules

A bill sponsored by Republicans that will allow private sector employees to request compensatory time off instead of overtime pay passed in the House. While the bill would add flexibility to hourly workers’ schedules, some opponents worry it does not protect employee rights enough. (The Washington Post)

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