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Consumer Affairs & Relations

  • Sales growth weak at Kohl's in Q1

    Kohl’s couldn't combat weak consumer spending in the first quarter despite launching a loyalty program and new advertising initiatives.

    Kevin Mansell, Kohl's chairman, chief executive officer and president, said: "Sales were modestly below our original expectations for the quarter, but accelerated in the March/April combined period after a weak February. We are very pleased with our earnings results, with a more balanced promotional calendar driving merchandise margin combined with strong expense control."

  • Starbucks denies mobile app intrusion

    Seattle – Starbucks Corp. is denying reports that hackers illegally gained entry into accounts of some users of its mobile app. Multiple media reports have indicated hackers broke into hundreds of accounts of Starbucks app users, stole their stored value, and leveraged the reload function to obtain customer payment card data.

    In a statement, Starbucks said news reports of a hack are false and that it occasionally receives reports of unauthorized activity caused by criminals re-using names and passwords stolen from other customer accounts.

  • NRF: Senate should renew Trade Promotion Authority

    Washington, D.C. – The National Retail Federation (NRF) is publicly criticizing the Senate for blocking consideration of the Bipartisan Congressional Trade Priorities and Accountability Act, which would renew Trade Promotion Authority. Trade Promotion Authority is legislation from Congress outlining objectives and oversight for trade negotiations between the U.S. and other countries.

  • Dov Charney sues American Apparel for defamation

    New York -- The founder and ousted CEO of American Apparel, Dov Charney, is suing the company and its chairwoman Coleen Brown for a minimum of $20 million in damages, accusing them of defamation and mental and emotional distress.

    Many of the allegations revolve around a letter Brown wrote to American Apparel employees in which she claimed that Charney had agreed in writing to never return in any capacity to the company. According to the lawsuit, Charney never signed any agreement.

  • Children’s Place, investors trade shots

    Secaucus, N.J. – The Children’s Place Inc. and a group of dissatisfied activist Children’s Place investors, called Shareholders for Change at the Children’s Place, have exchanged accusations in a pair of open letters to shareholders. The retailer struck first with a letter supporting the election of its three independent board nominees, including chairman Norman Matthews, at the upcoming May 22 annual meeting.

  • Boscov’s CEO hands reins to nephew, Jim Boscov

    New York -- Boscov’s Department Store believes in keeping it in the family. Albert Boscov, 85, has resigned as CEO of the company, and been succeeded by his nephew, Jim Boscov. The new chief, who will continue to serve as vice chairman, is the third generation of the family to lead the privately held business which was founded more than 100 years ago.

  • A shower of appreciation from Babies"R"Us

    Babies"R"Us is showing some love to expectant mothers by hosting baby showers for military moms-to-be for the third year in a row.

    Babies"R"Us has provided more than $500,000 to the Operation Shower organization through grant funding and in-kind donations for the past three years of the partnership.Operation Shower is an organization that hosts baby showers for military moms-to-be as they experience the journey of pregnancy while their spouses are deployed.

  • Children’s Place criticizes report favoring activist nominee

    Secaucus, N.J. – The Children’s Place Inc. is publicly criticizing a report from proxy advisory service Institutional Shareholder Services (ISS) recommending that shareholders elect one of two board nominees from activist investors Macellum SPV II L.P. and Barington Companies Equity Partners L.P. ISS supports election of Robert L. Mettler but recommends against electing Seth R. Johnson.

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