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Consumer Affairs & Relations

  • Burlington Stores shines a light on blood cancer

    Burlington Stores is taking the lead on raising awareness of blood cancer with an in-store donation drive and employee program.

    The retailer is launching its 14th consecutive company-wide campaign today in all its stores nationwide, encouraging its customers to make a donation at checkout to benefit the Leukemia & Lymphoma Society now through Dec. 2.

  • NRF: Chip-and-signature not cutting it with customers

    While the financial industry is supporting the use of chip-and-signature cards to meet the upcoming Oct. 1 EMV mandate, consumers are less convinced.

    According to a new survey released by the National Retail Federation (NRF), 62% of U.S. consumers believe new credit cards being issued by banks don’t go far enough to protect card data or prevent fraud.

  • Lower gas prices not helping retailers

    Lower gas prices are not significantly altering consumer behavior, according to the latest Consumer Fuels Survey results released by the National Association of Convenience Stores (NACS).

    Although drivers report that the national median gas price fell 25 cents per gallon in the past month and 60 cents per gallon since July, only 22% of consumers say that they will drive more over the coming month and only 15% say that they will spend more on other non-fuels items in the coming month.

  • Target faces class action suit

    It’s official – Target Corp. will face a class action lawsuit related to its November 2013 data breach.

    A federal judge in Minnesota has granted class action status to a suit brought by five financial institutions – Umpqua Bank, Mutual Bank, Village Bank, CSE Federal Credit Union and First Federal Savings of Lorain.

  • Report: PayPal takes a gamble

    According to CNBC, PayPal has quietly begun partnering with online gambling sites to accept PayPal funds for payment.

    Although PayPal has been consistently accepted by some foreign gambling sites, it has not been used by any U.S. gambling sites since its 2003 acquisition by eBay Inc. Now that PayPal is operating as a separate company, it has apparently started working with U.S. gambling sites again.

  • REITs: A Smart Move for Retailers?

    A red-hot real estate market and sky-high property values have some retailers, including Macy’s and more recently, McDonalds, feeling the pressure to cash in on the value of their real estate assets. How? By spinning off store properties and/or land assets into a REIT and entering into a lease-back deal.

  • Chico's may be in talks for a buyout

    Chico’s FAS Inc. may be considering a sale to one of several private equity suitors.

  • Trump attacks Macy’s CEO, board

    New York – Front-running Republican presidential contender Donald Trump continued his war of words with Macy’s Inc. during a Sunday morning interview on the CBS program, "Face the Nation."

    Trump singled out Macy’s as an example of companies where the CEO places their friends on the board and receives inappropriately high pay.

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