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Consumer Affairs & Relations

  • Publix posts 7.4% increase in profits

    Publix continues to be a blockbuster in its industry, as the grocery chain posted a 7.4% increase in profits in the fourth quarter.

    The Florida-based retailer reported a profit of $453.3 million in the fourth quarter, compared to $422 million in 2013. Earnings per share for the fourth quarter increased to $0.58 for 2014, up from $0.54 per share in 2013. Publix reported net sales of $7.9 billion; same store sales increased 6.4%.

  • Appeals court revives Macy’s Martha Stewart claims against Penney

    New York – A state appeals court in New York has revived two claims Macy’s Inc. made against J.C. Penney Co. Inc. in a long-running dispute between the two department store chains about who has the right to sell Martha Stewart Living home products.   

     According to Reuters, in a unanimous decision, judges in the Manhattan Appellate Division ruled that Penney breached confidentiality provisions of Macy’s contract with Martha Stewart Living Omnimedia and Penney’s actions amounted to unfair competition.

  • Kohl's Cares about school field trips

    Kohl’s is sponsoring a Milwaukee-area school grant program for the third year in a row.   The Kohl’s Cares Field Trip Grant Program gives more than $1 million in funding to schools throughout the metro-Milwaukee area.  
  • White House spinmaster joins Amazon.com team

    Jay Carney spent three years parsing words as president Barack Obama’s top spokesman and now has joined Amazon.com as senior vice president of worldwide corporate affairs, according to Politico.

  • Panties and perfume power L Brands in 2014

    Apparently a lot of consumers shopped for lingerie and bath products this holiday season, if the profits at L Brands Inc. are any indication.

    The Columbus, Ohio-based parent company of Victoria’s Secret and Bath and Body Works reported that it earned $564.8 million, or $1.89 a share, for the quarter ended Jan. 31, up from $489.6 million, or $1.65 a share, a year earlier. Net sales rose 7% to $4.07 billion and same store sales rose 6%.

  • Amazon hires Obama’s former press secretary as a senior VP

    New York -- Jay Carney, former White House press secretary for the Obama administration and current CNN analyst, has been appointed senior VP of worldwide corporate affairs for Amazon, effective March 2. The newly created position brings Amazon’s worldwide public relations and public policy shops into one department under Carney.

    The news was first reported by Politico, which noted that Carney will leave CNN and divide his time between the online retail giant’s headquarters in Seattle and Washington, D.C.

  • Survey: Three in 10 consumers have chip-based credit cards

    Austin, Texas - The credit card industry is lagging behind its own deadline to get more secure microchip-enabled credit cards into consumers’ wallets by October 2015. According to a new survey from CredtCards.com, just three out of every 10 U.S. credit cardholders have a chip card.

    The adoption rate is significantly higher among high net worth cardholders, but at 49%, it still means more than half of the richest Americans ($100,000 or more in investable assets) lack chip-based card security.

  • Sprouts grows sales 21% in fourth quarter

    The CEO of Sprouts Farmers Market Inc. credits consumers’ increasingly strong “desire to eat healthier” with his company’s big sales surge in the fourth quarter.

    The Arizona-based company posted sales of $734.6 million, an increase of 21%, for the fourth quarter ended Dec. 28. Same store sales were up 8.5%.

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