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Consumer Affairs & Relations

  • RPAI names GGP exec as CFO

    Oak Brook, Ill. – Retail Properties of America Inc. (RPAI) has named Heath R. Fear as its new CFO and treasurer, effective Aug. 17. Fear will play a key role in the continued execution of the company’s portfolio and balance sheet strategy, in addition to oversight of all of financial activities, including capital markets, accounting, investor relations, internal audit, internal reporting and treasury.

  • Starbucks adds 50 million shares to repurchase plan

    Seattle - Starbucks Corp. is looking to increase its corporate ownership stake. The retailer has authorized the repurchase of an additional 50 million shares of the company's common stock under its ongoing share repurchase program.

    This authorization has no expiration date and is in addition to the 11 million shares that remained available for repurchase as of June 28, 2015 under an existing authorization.

  • Walmart hatches an exceptional partnership

    Months after urging its food producers to improve their animal welfare practices, Walmart has decided to expand distribution of the leading free range egg brand in the U.S.

    The happy egg co. is the only U.S. egg brand that is 100% free range with a hen welfare program that covers everything from living conditions to feed to the expertise of the caregivers. To continue its mission of providing humanely produced eggs at an affordable price to consumers nationwide, the happy egg co. says it will now be available in 1,600 Walmart retail locations throughout the U.S.

  • Office Depot leveling BTS playing field

    Retailers tend to be at their charitable best during key seasonal periods and that’s been the case with Office Depot and back-to-school season for the past 15 years.

  • Moms can get tooth wipes at Wal-Mart

    Bentonville, Ark. – Busy moms who need tooth wipes, or maybe more well-known baby items, have a new resource in Wal-Mart. In a post on the official Wal-Mart blog, Diana Marhsall, VP of baby for Wal-Mart U.S., says the retailer is expanding the products and services for moms (or anyone else) shopping for baby needs.  
  • Limited Too makes a comeback

    New York – In a consumer culture obsessed with nostalgic “throwbacks,” a retail brand from the not-too-distant past is coming back. Specialty apparel brand Limited Too, which was consolidated into the Justice banner by then-parent company Tween Brands in 2009, is making a return.  
  • T.J. Maxx pricing policy challenged

    Framingham, Mass. – Off-price retailer T.J. Maxx provides “compare at” prices that tell shoppers how much cheaper an item is than it would be at a full-price department store, but how truthful are those comparisons?    According to a class action lawsuit brought against T.J. Maxx in San Francisco by two customers, Staci Chester and Daniel Friedman, “compare at” pricing leaves a lot of wiggle room for the retailer.  
  • Report: Target says controversial shirt not meant to offend

    Minneapolis – Target Corp. is getting some social media heat about the message on a controversial T-shirt it is selling, and says no offense was ever intended. According to the Associated Press, in a written statement Target said the black women’s shirt with the word “Trophy” written across the front in bold lettering is not meant to demean women.

  • Princeton Review CEO joins J.C. Penney board

    Plano, Texas - Mandy Ginsberg, CEO of test preparation company The Princeton Review and online tutoring company Tutor.com, has been elected to The J.C. Penney Co. Inc. board of directors.

  • NRF: Sales look a little less rosy

    Washington, D.C. - The National Retail Federation (NRF) is now a little less rosy in its sales expectations for 2015. The NRF has lowered its full-year retail sales forecast because of unexpected slow growth recorded during the first half of the year, similar to the industry’s experience in 2014.

    However, NRF still expects sales will steadily increase through the remainder of the year. NRF forecasted in February that retail sales would grow 4.1% in 2015 from 2014, but today’s revision lowers the forecast to 3.5%.

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