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Consumer Affairs & Relations

  • EBay still plans Russian expansion

    San Jose, Calif. – EBay Inc. is still planning to expand its operations in Russia despite U.S. sanctions against the country’s government. In public comments made in Moscow, EBay VP Wendy Jones said Russia is EBay’s top priority for expansion of its EBay Marketplaces division, and that eBay Marketplaces should go live in Russia in September.

    Jones also said EBay doubled its Russian buyer base in 2013 and sold $425 million worth of goods there in 2012. Currently, Russian consumers make 90,000 EBay transactions per day.

  • Arrests made in StubHub fraud case

    San Francisco – StubHub, the online ticket resale platform operated by EBay, has reportedly been hacked by a global organized fraud ring. According to Reuters, cyber thieves obtained user credentials used on other sites and then used them to gain access to StubHub accounts and make fraudulent purchases.

  • DEA investigates Safeway

    Pleasanton, Calif. – The U.S. Drug Enforcement Agency (DEA) is investigating how Safeway Inc. reports and keeps records on the theft and loss of controlled substances. In a regulatory filing, Safeway said it received a subpoena from the DEA to look into its controlled substance practices.

  • NRF bets on back half sales acceleration

    The National Retail Federation has joined the growing chorus of voices expecting a surge in consumer spending during the next five months to compensate for a weak start to the year.

  • Crocs restructures following disappointing Q2

    Footwear maker Crocs is undergoing a major restructuring that includes closing stores and job cutbacks.

    The plan comes on the heels of the company's disappointing second-quarter earnings results. Earlier this month, Crocs reported that second-quarter profit fell 44% to $19.7 million.

  • Whirlpool second quarter sales flat

    Whirlpool Corporation reported net sales of about $4.7 billion in the second quarter of 2014, virtually unchanged from the company's performance in the same quarter last year.

    Net sales for the three months ended June 30 totaled $4.68 billion, down 1.4% from $4.75 billion in 2013.

    The company's bottom line read $179 million for the quarter, down from $198 million in the second quarter of last year.

  • Ousted Demoulas CEO urges rehiring of fired Market Basket employees

    Tewksbury, Mass. – The saga over the dismissal of former Demoulas Super Markets Inc. CEO Arthur T. Demoulas continues, with Demoulas making public commentary for the first time.

  • Hhgregg marketing head named chair of GRMA board

    Indianapolis - Julie Lyle, chief marketing officer of Hhgregg, has been named the 2015 chairperson for the Global Retail Marketing Association (GRMA) Advisory Board, an association for C-level executives from global retailers. As chairperson, Lyle will lead the GRMA Advisory Board and play a key role in the development of the organization’s strategic initiatives and thought leadership.

  • Ascena seeks CFO

    Ascena Retail Group began a search for a new CFO after its current EVP and CFO, Dirk Montgomery, resigned this week. As the company reviews potential new CFOs, Ascena board member and audit committee chair Randy Pearce, will have more involvement with the company’s finances.

    Montgomery is expected to stay in his position until the fall, when he will move on to a Florida-based healthcare company, where he recently accepted an offer to be closer to his family.

  • FreshDirect expands community outreach with new hire

    FreshDirect has tapped longtime public employee Larry Scott Blackmon as the grocery delivery company’s VP, community and government affairs.  
     
    In his new position, Blackmon will work to build and expand the company’s community partnerships — especially in New York City’s Bronx borough, where FreshDirect is relocating its office.
     

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