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Consumer Affairs & Relations

  • NRF: Organized retail crime slightly drops, still pervasive

    Washington, D.C. – Organized retail crime (ORC) is down slightly from 2013 but still a pervasive problem. According to the National Retail Federation’s 10th annual Organized Retail Crime Survey, which polled 76 senior retail loss prevention executives, eight-in-10 (88.2%) retailers report that they have been a victim of ORC in the past year, down slightly from 93.5% in 2013.

  • Promotions at Dr Pepper Snapple Group

    Dr Pepper Snapple Group has promoted Heather Catelotti to VP of investor relations. Catelotti will report directly to CFO Marty Ellen.

    The move comes following Carolyn Ross’s elevation to SVP, strategy and innovation. Ross will continue to report to Ellen.

  • Sprouts Farmers Market appoints HR chief

    Sprouts Farmers Market has appointed Nancy LaMons as chief human resources officer.

    LaMons was most recently as chief people officer at the Fiesta Restaurant Group. Previously, LaMons held senior positions at J.C. Penney and PepsiCo. LaMons has a bachelor’s degree in finance, an MBA with an emphasis on human resources, labor and industrial relations, and an Ed.M. with an emphasis in organization and leadership development.

  • Target cut Steinhafel compensation before termination

    Minneapolis – Target Corp. cut the compensation of former CEO Gregg Steinhafel to $13 million in fiscal 2013 from $20.6 million in fiscal 2012. According to a regulatory filing, Target decided to reduce Steinhafel’s total compensation after holding meetings and calls with shareholders owning 40% of total company shares and two proxy advisory firms.

  • CVS introduces social responsibility strategy

    Woonsocket, R.I. – CVS Caremark has introduced a new corporate social responsibility (CSR) strategy called “Prescription for a Better World” as part of its 2013 CSR report. Prescription for a Better World includes goals such as access to affordable health care; the environmental impacts of its operations, including those contributing to climate change; product stewardship; patient safety; employee engagement and workplace inclusion; and the safe disposal of prescription drugs.

  • Survey: Breach has little long-term impact on Target customers

    Minneapolis – The vast majority of Target customers intend to continue spending the same amount of money or more there in the next year as they did before the December 2013 data breach. According to a new Bloomberg National Poll of 1,020 Target customers, 85% of respondents will spend the same amount of money, 7% will spend more and 7% will spend less, with 1% having no opinion.

  • Former CVS CMO to head Edible Arrangements International

    Robert Price, former SVP and CMO for CVS, has been named president of Edible Arrangements International.

    The operator of more than 1,100 stores worldwide is looking to Price to help significantly grow the brand's global presence.

  • Costco opens in Spain

    New York -- Costco Wholesale Corp. has opened its first store in continental Europe, a 140,000-sq.-ft. location in Seville, Spain.

    Costco will follow it up with a store in Madrid, according to media reports.

     

  • Report: Conflict of interest may endanger Signet-Zale acquisition

    Dallas – A previously undisclosed conflict of interest may endanger the proposed $1.4 billion purchase of jewelry retailer Zale Corp. by rival Signet Jewelers. According to the New York Times, Bank of America, which represented Zale in talks with Signet, failed to disclose it had made an unsolicited presentation to Signet in October 2013 where it advised Signet to consider purchasing Zale.

  • Dollar General’s literacy foundation awards $6m in grants

    The Dollar General Literacy Foundation has awarded more than $6 million in grants to 700 schools, nonprofits and literacy organizations across the 40 states Dollar General serves to support adult, family and summer literacy programs.

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