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Consumer Affairs & Relations

  • The Children’s Place cites value in investor presentation

    Secaucus, N.J. – Three days after an activist investor group filed a presentation with the Securities and Exchange Commission (SEC) urging the election of new board members and claiming poor performance, The Children's Place Inc. has its own investor presentation with the SEC.

    The presentation endorses the re-election of three board candidates at the May 22 annual meeting: Norman Matthews (chairman of the board), Kenneth Reiss (chair of the audit committee) and Stanley W. Reynolds (member of the audit committee).

  • Staples, Office Depot celebrate teachers

    Staples and Office Depot are celebrating National Teacher Appreciation Week with big savings for educators.

  • CE industry recycled 660M pounds in 2014

    The consumer electronics industry has reached a new milestone: It recycled 660 million pounds of used electronics products last year.

    The number is the CE industry’s highest ever annual total, and the U.S. is now recycling CE products in record numbers, according to the Fourth Annual Report of the eCycling Leadership Initiative, led by the Consumer Electronics Association.

  • Sales and earnings on the rise at Publix

    Publix continues to demonstrate that its customers indeed find that shopping there is a pleasure, judging by the grocery chain's first quarter results.

    Publix’s sales for the first quarter of 2015 were $8.3 billion, a 6.8% increase from last year’s $7.8 billion. Same store sales increased 5.3%. Net earnings for the first quarter of 2015 were $548.9 million, compared to $493.7 million in 2014, an increase of 11.2%. Earnings per share for the first quarter increased to $0.71 for 2015, up from $0.63 per share in 2014. T

  • UPLIFTING CENTRAL NEW JERSEY

    The Shoppes at Middletown brings specialty retail and dining to affluent eastern Monmouth County

    A unique new shopping center is being designed to bring boutique and specialty retail and dining options to eastern Monmouth County in Central New Jersey. The Shoppes at Middletown, at 380,000 sq. ft., will emerge as a premier town center development when it opens in 2017. The project will be developed on 50 acres of the overall 120-acre project, and will feature 2,200 ft.

  • Report: Arizona outlaws local plastic bag bans

    Phoenix – Local communities in Arizona reportedly can no longer ban plastic bags. According to the Associated Press, the Arizona state legislature has voted to make it illegal for cities and town to forbid the use of plastic bags, as well as Styrofoam containers or other disposable products, within their limits.

    The state law also restricts local communities from requiring businesses to report energy usage.

  • A BULLISH M&A FORECAST

    Gaining market share and geographic coverage are top priorities driving deals

    Retail continues to rally for deals in 2015, and the sector could be on the cusp of another major year for mergers and acquisitions. Already this year, we’ve seen speculation about a number of potentially massive deals — from a possible buyout of Rite Aid by Walgreens Boots Alliance to the proposed merger between Staples and Office Depot. Looking across the industry, as part of BDO’s annual Retail Compass Survey of CFOs, we asked chief financial officers at leading U.S.

  • Bartell Drug names REI veteran as CEO

    Brian Unmacht (left) and George D. Bartell

  • Study: Retail merger activity surges in Q1

    New York - The U.S. retail and consumer sector experienced a strong first quarter in 2015 for merger & acquisition (M&A) activity, which was driven by seven megadeals (deals with a value of more than $1 billion). According to PwC's U.S. retail and consumer deals insights report, 39 deals were announced for the quarter (with values more than $50 million), up 11% from fourth quarter 2014, but down 9% from first quarter 2014.

  • Kroger's SoCal stores ask shoppers to give

    The Food 4 Less and Ralph’s divisions of Kroger Co. are asking shoppers in the Southern California area to support the Special Olympics.

    The 2015 Special Olympics World Games are coming to Los Angeles this summer, and Ralphs customers and associates can show their support of Special Olympics through the supermarket chain's nonprofit arm, The Ralphs Fund, by donating their spare change in collection canisters located at the checkstands in their neighborhood Ralphs supermarket.

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