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Consumer Affairs & Relations

  • Family Dollar sets Oct. 30 date for Dollar Tree vote

    Matthews, N.C. -- Family Dollar Stores Inc. has set Oct. 30., 2014 as the date for stockholders to vote on a proposed merger agreement with Dollar Tree Inc. Family Dollar has not yet set the time or location of the vote.  

  • Obama signs order supporting move to EMV; American Express offers program to boost adoption

    Washington -- As part of an executive order unveiled on Friday, President Obama set a new policy that requires newly issued and existing government credit and debit cards to be enabled with chip and personal identification number (PIN) technology.  

  • The Fresh Market opens at The Village at Livingston

    Livingston, N.J. -- The Fresh Market celebrated its official opening at The Village At Livingston with “cracking the parmesan,” a centuries-old art and company tradition. The store, which occupies 23,000 sq.ft  at the 93,000-sq.-ft. shopping center managed and developed by Eastman Companies, marks the upscale specialty grocer’s third location in New Jersey.  

  • Nearly half of U.S. merchant terminals to accept EMV chip in 2015

    New York -- At least 47% of U.S. merchant terminals will be enabled for EMV chip technology by the end of 2015, according to the Payments Security Task Force (PST). The estimates are based on forecasts provided by acquirers representing approximately 80% of U.S. purchase volume.  

  • The retail industry’s new best friend

    President Barack Obama has taken heat over his use of executive orders, but that wasn’t the case on Friday when retail trade groups lined up behind the president in support of wide ranging data security measures.

  • Report: Amazon, Sears remove swastika rings from websites

    Seattle –- Amazon.com and Sears Holdings Corp. have both reportedly removed men’s rings featuring the Nazi swastika emblem from their websites after public complaints. According to the Wall Street Journal, in both instances the items were sold by third-party vendors, but the companies handled the complaints differently.  

  • EBay beats Street on Q3 revenue; lowers full-year forecast

    San Jose, Calif. -– EBay Inc. beat Wall Street estimates with its third quarter revenue results but lowered its forecast for full-year sales due to the impact of a May 2014 security breach. Net income fell 2% to $673 million from $689 million in the third quarter of fiscal 2013.  

  • B&G Foods names Cantwell CEO

    Branded packaged food supplier B&G Foods elevated EVP and CFO Robert Cantwell to the role of CEO effective Jan. 1.

    Cantwell, 57, a long time B&G employee, succeeds David Wenner, 64, in the top job following Wenner’s decision earlier this year to retire. Wenner will remain on the board and the company has begun a search for a new CFO.

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