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Consumer Affairs & Relations

  • Dollar General opens 12,000th store

    GOODLETTSVILLE, Tenn. -- Dollar General on Saturday hit another milestone, opening its 12,000th store in the small town of Juliette, Georgia.
     

  • Kohl's sponsors free museum days

    Kohl’s is backing up its commitment to families by sponsoring a museum promotion called Thank You Thursday in Milwaukee.

    The retailer will be offering free general admission to the Museum Public Museum on the first Thursday of every month. Kohl’s Thank You Thursday marks the first time ever free general admission has been regularly provided to the public and will kick off on June 4.

  • Sally Beauty updates breach at POS

    Denton, Texas - Sally Beauty Holdings Inc. is releasing new information about a data breach that occurred at varying times between March and April 17, 2015, its second in less than a year. Criminals are believed to have used malware deployed on some Sally Beauty POS systems, which may have put payment card information of customers at risk.

  • Walmart aids Texas, Okla. flood victims

    As Texas deals with the aftermath of tragic flooding, Walmart is trying to make a difference in the state where it has its largest presence.

    The Walmart Foundation has announced donations totaling $500,000 to organizations helping with relief efforts for those affected by the floods in Texas and Oklahoma.

  • Destination XL shrinks Q1 loss; will open 40 stores

    Canton, Mass. – Destination XL Group Inc. shrunk its net loss to $574,000 in the first quarter of fiscal 2015, compared to $3.5 million the same quarter a year earlier. A shift to operating income from operating loss helped reduce total net loss.

    During the current fiscal year, Destination XL intends to open approximately 32 DXL retail and eight DXL outlet stores. It also plans to close approximately 42 Casual Male XL and three Rochester Clothing stores.

  • Geeknet spurns Hot Topic for higher offer

    Fairfax, Va. – Geeknet Inc. has determined that an acquisition offer from an unnamed strategic bidder of $20 per share, or about $134.6 million, is superior to a previous offer from Hot Topic of $17.50 per share, or about $117.3 million.

  • Dollar Tree to sell 330 Family Dollar Stores to Sycamore Partners

    CHESAPEAKE, Va. -- Dollar Tree on Friday announced it had reached an agreement to sell private equity firm Sycamore Partners a divestiture package of 330 Family Dollar Stores locations, with the deal contingent on the completion of Dollar Tree’s pending acquisition of Family Dollar.  Sycamore Partners intends to operate the 330 stores, which represent approximately $45.5 million of operating income for Family Dollar, under the Dollar Express banner.

  • Costco blames sales drop on lower gas prices

    Costco Wholesale Corp. reported its first quarterly decline in same store sales since 2009, although profit at the club store did rise.

    Same store sales declined 1% in the third quarter ended May 10, including fuel and foreign currency impacts. This was below the 0.7% growth expected by analysts. The company said sales were hurt by low gas prices and a stronger dollar that reduced the value of sales from overseas markets.

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