Skip to main content

Consumer Affairs & Relations

  • Troubles mount at J. Crew amid fashion misses, high prices and big debt

    New York — The formerly high-flying J.Crew Group has come down to earth, a victim of fashion miscues and the new competitive landscape. What’s more, the retailer has $1.5 billion in debt on its books, the New York Times reported. Click here for the story.

  • Survey: Half of credit card holders don’t care about rewards

    New York — If credit card issuers stopped offering rewards, a slight majority of American credit cardholders wouldn’t change their spending habits. According to a new Bankrate.com survey, 51% of U.S. credit card holders say they would keep using the card the same way they did previously.    Another 26% would use the card less often and 19% would stop using it entirely.  

  • Report: New York attorney general probes eBay, PayPal user agreements

    San Jose, Calif. — The New York attorney general’s office has reportedly notified eBay Inc. and PayPal Inc. that their revised user agreements may raise issues related to consumer protection regulations. According to the New York Times, the concern regards both companies requiring permission to contact users by phone for reasons including offers and promotions, surveys and debt collection.  

  • Incoming Penney CEO reveals the three key areas company will focus on

    New York -- J.C. Penney CEO-designee Marvin Ellison, who officially takes over on Aug. 1, outlined three key areas the company will focus on in the coming months in a presentation on Wednesday at the Piper Jaffray conference, The Street reported.  

    Click here for the story.

  • Target announces share buyback, dividend boost

    Target is doubling the amount of its share buyback authorization from $5 billion to $10 billion and boosting its quarterly dividend by 7.7%, confirming the contents of a statement it published inadvertently and took off its website earlier on Tuesday.

  • Target doubles share buyback authorization

    Minneapolis – Target Corp. is doubling the amount of its share buyback authorization from $5 billion to $10 billion. Under this authorization, through first quarter 2015, the company had invested a total of $3.7 billion to retire 56.9 million shares at an average price of $65.06 per share.

  • Poll: Cleanliness of facilities matters to consumers

    Cincinnati -- Consumers take online reviews seriously — particularly when it comes to reviews about the cleanliness of a business, according to a new Harris Poll conducted by Cintas Corp. The survey revealed that 85% of respondents would not patronize businesses with negative online reviews about the cleanliness of its facilities. Restaurants (75%) ranked at the top of the list of businesses where cleanliness most greatly impacted buying habits.

  • Restoration Hardware to unveil new business June 11

    Corte Madera, Calif. - RH, Restoration Hardware, will announce plans for the launch of a new business on Thursday, June 11, after market close. RH chairman and CEO Gary Friedman will unveil the new concept during the company’s first quarter fiscal 2015 earnings video.

    No other details have been made available at this time.

X
This ad will auto-close in 10 seconds