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Consumer Affairs & Relations

  • Report: Minimum wage hikes to affect 1,400 Wal-Mart stores

    Bentonville, Ark. – Minimum wage increases scheduled to take effect in 24 states and Washington, D.C. will affect employees at more than 1,400 Wal-Mart stores and 200 Sam’s Club in the U.S. According to CNN, Wal-Mart said it has less than 6,000 employees currently earning the federal minimum wage of $7.25 an hour and has already been planning to pay all employees more than the federal minimum wage.  
  • Walgreens shareholders approve Alliance Boots transaction

    Deerfield, Ill. - At a special meeting of shareholders held Monday, Walgreens shareholders voted to approve all proposals related to the company’s acquisition of the remaining 55% of Alliance Boots GmbH that it does not currently own and the reorganization of the company into a holding company structure.  
  • Verizon: Dec. 26 has highest online traffic of holiday season

    New York - The day after Christmas (Dec. 26) posted the highest traffic for online shopping, with 125 points, since the 2014 holiday shopping season began. According to Verizon Retail Index data, year-over-year, traffic attributed to online shopping was on par (125) with the same day in 2013.  
  • Walgreens-Boots merger one step closer

    Walgreens is poised to start 2015 off with a bang, as the company has nearly finalized its mega-deal with Alliance Boots.

    Walgreens shareholders voted to approve all proposals related to the company’s acquisition of the remaining 55% of Alliance Boots that it does not currently own and the reorganization of the company into a holding company structure.

  • Season’s Greetings

    Chain Store Age wishes everyone a safe and happy holiday!  Our offices will be closed Wednesday, December 24th,  Thursday, December 25th and Friday, December, December 26th.  We will return to normal business hours on Monday, December 29th.  We wish you and your family a joyous and peaceful holiday season!

  • Happy holidays from Retailing Today

    Retailing Today will be closed for Christmas, Dec. 24 through Dec. 26, and will publish again on Monday, Dec. 29. The editor and publisher of Retailing Today would like to wish you and your families very best wishes for a happy, healthy and joyous holiday.

    Cheers, Mike Troy Editor, Retailing Today

  • Family Dollar delays vote on Dollar Tree bid

    Family Dollar delayed a shareholder vote on a potential acquisition by Dollar Tree until Jan. 22 in a move that allows more time to contemplate a rival bid from Dollar General.

    Family Dollar convened as planned on Tuesday and, based on insufficient votes, subsequently adjourned its Special Meeting of Stockholders on the proposed transaction with Dollar Tree.

  • Safeway scores 100% on Corporate Equality Index

    PLEASANTON, Calif. - For the second year in a row, Safeway Inc. has received a perfect score of 100% on the Corporate Equality Index (CEI), a national benchmarking survey and report on corporate policies and practices pertinent to LGBT equality, administered by the Human Rights Campaign Foundation.  
  • Judge clears way for Tuesday vote by Family Dollar shareholders

    New York - A Delaware judge has denied a request  to block Tuesday's vote by Family Dollar Stores on a  $8.5 billion take-over bid by Dollar Tree,  saying dissident shareholders "failed to demonstrate a reasonable probability of success on any of their claims."   A shareholder lawsuit had requested a preliminary injunction against the vote until Family Dollar “properly engaged” in talks  with rival Dollar General to “achieve a value-maximizing transaction.”  
  • Buyer interested in American Apparel; board names new chair

    Los Angeles – Change is occurring at American Apparel Inc., and it may be coming from external as well as internal sources. The board of directors of American Apparel has confirmed that it has received an indication of interest to acquire the struggling company for $1.30 to $1.40 per share.    The identity of the potential buyer has not been disclosed, but in a press release American Apparel said it “takes these matters seriously, and will evaluate this proposal in the ordinary course of business. 
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