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Consumer Affairs & Relations

  • It's official: GameStop acquires geeky retailer

    Months after trumping Hot Topic with a better offer, GameStop has officially acquired Geeknet for $140 million.

  • Kroger setting the standard for sustainability

    Few retailers make as big an impact on the environment as Kroger, but the high performing supermarket chain has made huge progress against sustainability priorities during the past decade and now is ready to take on a new set of goals.

    The company released its 2015 Sustainability Report on July 17, which chronicles progress made during the past nine years and establishes new directional priorities.

  • New life for C. Wonder

    New York — C. Wonder, which shuttered all its stores and filed Chapter 11 early this year, is getting a second chance—sort of.

    Xcel Brands has entered into a definitive agreement to acquire the C. Wonder brand from Burch Acquisition LLC. The deal gives Xcel  the rights to thr C. Wonder trademarks, related designs and other intellectual property rights.

     The closing of the acquisition is subject to board approval

  • Thousands of Kohl's employees volunteering for kids health

    Kohl’s is looking to make a difference in the lives of many of its customers with a vast volunteer effort involving all its stores, thousands of its employees and 160 hospitals.

  • Are Macy’s Trump troubles just beginning?

    Donald Trump contends he doesn’t forget and that could be a bad thing for Macy’s now that polls show the businessman turned politician leading a crowded field of Republican presidential hopefuls and using campaign stops to belittle the department store chain.

  • Report: Iconic supermarket chain may file Chapter 11

    Montvale, N.J. – A supermarket chain that was founded two years before the Civil War began may be going the way of the Confederate flag.

    According to the New York Post, The Great Atlantic & Pacific Tea Co. (A&P) may file for Chapter 11 bankruptcy as soon as this week.

  • Target opens its second smallest store yet

    Highland Park, Minn. -- Target is going small — really small.

    The world’s second smallest Target, a TargetExpress store, is set to open in the Highland Park neighborhood of St. Paul, Minn.

    The 16,000-sq.-ft. store, which opens July 22, will feature a pharmacy and cater to a community of families, empty nesters and college students, the Grand Forks Herald reports.

  • Kohl’s ups cash tender offer

    Menomonee Falls, Wis. - Kohl’s Corp. has increased the maximum amount of a previously announced cash tender offer for several debt notes coming due between 2017 and 2033 from $60 million to about $737.04 million. The new tender offer is subject to the same terms and conditions made in an original offer to purchase dated June 29, 2015.

    Settlement of notes that have been tendered and accepted for purchase by Kohl’s is expected to take place July 17, 2015. The tender offer expires July 27, 2015.
     

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