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Consumer Affairs & Relations

  • Finish Line falls behind in revenue race

    The sports retail market has been strong for Foot Locker and similar retailers, but not for Finish Line, which reported a drop in holiday quarter profit.

  • Kellogg CEO named to Macy’s board

    Cincinnati – John A. Bryant, chairman, president and CEO of Kellogg Co., has been elected to the Macy’s Inc. board of directors. Bryant, 49, became chairman of the board of Kellogg Co. in July 2014 after serving since January 2011 as president and CEO.

    He has been a member of Kellogg’s board of directors since 2010. Prior to becoming CEO, Bryant held a variety of key senior leadership roles, including chief financial officer, president of Kellogg North America, president of Kellogg International and COO.

  • Walmart’s Foran and McKenna to offer views in NY

    In a break from tradition, Walmart is hosting an investor meeting in New York on April 1 with the new team of top executives who are driving the latest round of changes at the retailer’s U.S. business.

    A 90 minutes session scheduled to begin at 10 a.m. EST on April 1 at the New York Stock Exchange will be hosted by Walmart U.S. President and CEO Greg Foran.

  • A.R.E., POPAI move ahead with merger talks

    Las Vegas -- The boards of directors of A.R.E. (the Association for Retail Environments) and POPAI (Point of Purchase Advertising International) have voted to enter a due diligence phase and work in good faith toward a definitive agreement to merge the two associations.

    At their respective board meetings held during GlobalShop in Las Vegas this week, both not-for-profit groups agreed to a preliminary framework that will allow them to better serve their members and advance the industry as a combined organization.

  • Ex-Save Mart chairman Bob Piccinini dies

    Robert “Bob” Piccinini, the longtime chairman of Save Mart Supermarkets, has died. He was 73.

    In a statement, the company said that Bob was most passionate about two things: his family and his company. He purchased Save Mart from the Piccinini and Tocco families in 1985 after working his way up through the ranks as a box boy, truck driver, store manager, vice president of real estate and on to president and CEO.

  • Dollarama's same store sales jump 8.5%

    Some retailers have had a rough time being successful in Canada, but not Dollarama, where profits, sales and store counts are on the increase.

    In fact, customers increased their spending at the Canadian discounter over the fourth quarter, leading to  the chain’s quarterly profit rising about 21%.

  • Ross Stores to split stock in June

    Off-price retailer Ross Stores feels so good about its sales performance and outlook that it has approved a 2-for-1 stock split scheduled for June.

    The company said the split will be paid in the form of a 100% stock dividend to stockholders of record as of April 22. 

    Ross Stores had fiscal 2014 revenue of $11 billion. 

  • Survey: Supermarkets, H-E-B earn consumer trust

    Waban, Mass. – Supermarket chain H-E-B is the most trusted chain in the most trusted niche of retail. H-E-B took the top spot in the 2015 Temkin Trust Ratings, which measured the trust of 10,000 U.S. consumers across 293 companies in 20 industries.

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