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Consumer Affairs & Relations

  • Dole marketing team gets a taste of company’s research

    Dole Fresh Fruit’s sales and marketing team will be taking a trip to Kannapolis, North Carolina, to see the company’s Nutrition Research Laboratory on the state’s research campus.
     
    The visitors will be led by Dole’s VP of nutrition research Nicholas Gillitt, who will show them around the campus and explain research in the hope that the marketing team will pass it on to consumers.
     

  • Barneys settles racial profiling case

    New York -- Barneys New York has settled its profiling and racial discrimination case, agreeing to pay $525,000 and implement measures to address potential future profiling chances.

    The retailer’s Madison Avenue store has been under investigation by the New York State Attorney General’s office for the past nine months.

  • Survey: Working women make many grocery decisions at work

    Cleveland -- WorkPlace Impact found in a recent survey that 49% of working female consumers are making millions of trips between Monday and Friday. What’s more, 46% of the women that WorkPlace Impact surveyed reported that they regularly purchase groceries on their way to or from the office or during a lunch break.

    Further affirming that working women often have groceries on their mind during the workday, the study also found that 84.4% of the women surveyed said they regularly or occasionally add items to their grocery shopping lists at work.

  • Schnuck class-action notification underway

    St. Louis -- A settlement in a Schnuck Markets, Inc., security breach class-action lawsuit has been reached and a notification program is underway, as approved by the Circuit Court of the City of St. Louis, State of Missouri.

    Customers of 79 Schnuck grocery stores are being alerted that the breach, which occurred between December 9, 2012 and March 30, 2013, has been settled and that they may be entitled to a share of the proceeds.

  • Darden completes repurchase of $900 million of $1 billion debt retirement

    Orlando, Fla. -- Darden Restaurants, Inc., which operates the Olive Garden and LongHorn Steakhouse banners among others, has completed the repurchase of approximately $900 million of the previously announced $1 billion debt retirement, leaving approximately $1.6 billion of debt on its balance sheet.

  • Former Tesco exec tapped as Kmart's president and chief member officer

    Sears Holdings has appointed former Tesco executive Alasdair James as president and chief member officer for the Kmart business.

    In this role, James will be responsible for driving the Kmart format strategy, managing the Kmart P&L and aligning merchandise, marketing, pricing and selling with the needs and wants of Shop Your Way members.

  • Susser Holdings swings to Q2 profit; plans 17 new stores

    Corpus Christi, Texas – Susser Holdings Corp. reported net income of $12.3 million in the second quarter of fiscal 2014, compared to a net loss of $4.3 million in the same quarter a year earlier. The elimination of a debt refinancing charge helped bring Susser back to profitability.

    Susser plans to open 17 new Stripes convenience stores by the end of the year. The company also is is on track to merge with Dallas-based natural gas and propane company Energy Transfer Partners (ETP) in the third quarter of fiscal 2014.

  • Lululemon founder sells half his stake to private equity firm Advent International

    New York -- Lululemon Athletica Inc.’s founder, Dennis "Chip" Wilson, reached an agreement to sell half his stake in the women's yoga-wear company to Advent International of Boston for $845 million. The deal will give Advent, which owned shares of Lululemon from 2005 to 2009 and was one of the company's early venture capital backers, 20.1 million shares, or 13.9% of the company (Lululemon went public in 2009). It also gives Advent two seats on the board, including Advent's managing partner David Mussafer, who will become co-chairman of the retailer.

  • Soft traffic prompts Hibbett to cut full-year guidance

    A more cautious consumer led to weaker-than-anticipated traffic at Hibbett in the second quarter, prompting the sporting goods retailer to revise its earnings expectations for the full year.

    Net sales for the 13-week period ended August 2 are expected to increase 4.2% to $194 million compared with $186.2 million for the year-ago period. Comparable store sales are expected to increase 0.1% for the quarter.

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