Skip to main content

Consumer Affairs & Relations

  • Specialty retailer becomes target of cyber-attack

    Brooks Brothers is the latest victim of a data breach.   According to the specialty retailer, an unauthorized individual installed malicious software designed to capture payment card information on some of the chain’s payment processing systems. The software compromised payment card information across some purchases made at certain Brooks Brothers and Brooks Brothers Outlet retail locations in the United States and Puerto Rico.  

  • J.C. Penney in big miss on profit, sales in Q1

    J.C. Penney got off to a rough start in the new year as it joined fellow department store operators Macy’s, Kohl’s and Nordstrom in reporting disappointing sales results.  

  • Update on Walmart Mexican bribery case

    There’s been a new twist in the U.S. lawsuit over Wal-Mart’s alleged bribery in Mexico.  

  • Aldi makes leadership claim on low prices

    Watch out Walmart — discount grocer Aldi is beating you in one crucial area.    Aldi’s prices are 21% lower than its lowest-priced rivals, including Walmart, CEO Jason Hart told Reuters. And he plans to maintain that gap going forward.   The fast-growing Aldi, which recently entered California, operates some 1,600 stores in the United States, with 400 new locations planned by the end of 2018.  

  • Amazon to build homeless facility — at its new headquarters

  • Retail Operators on the Ropes

    As Congress reconvened after Easter, retail operators had a tremendous amount at stake. The industry is in an unprecedented state of strife with major legacy brands announcing large-scale closures.

    If that’s not enough, here is another one to consider: Roughly 80,000 retail workers lost their jobs in the past year, a total that is greater than the number of workers in the entire coal industry. Clearly the disruptive impact of the online economy is quickly and permanently taking its toll on traditional retail operators.

  • Sears CEO: ‘The reality is a lot better than the perception’

    The chairman and CEO of Sears Holdings said the use of the word bankruptcy with regards to his company is holding it back.    “Every time people use the word bankruptcy, somebody who reads that doesn't get past that word, Edward Lampert told The Chicago Tribune in a rare interview. “It makes it very unfair for us, and it’s a very uneven playing field for us.”      

  • Reimagining Cumberland Farms

    Cumberland Farms, a convenience store fixture in New England and central Florida for half a century, once fielded more than 1,000 stores. But, it has slimmed down to 600 locations as it transforms itself from a strip-center and gas station dairy store to a chain of freestanding, modern C-stores providing an array of food service options and gasoline.

X
This ad will auto-close in 10 seconds