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Consumer Affairs & Relations

  • 2014 sees upturn in consumer confidence

    The new year is off to a solid start with an upturn in consumer confidence. After two months of decline in the wake of the partial government shutdown, the Conference Board has found that consumer confidence has bounced back to its highest level since September.

    December's index came in at 78.1, up from an upwardly revised figure of 72.0 in November and 72.4 in October.

  • Mainstays “made in China” product recalled

    The case for domestic sourcing received a boost this week after Walmart was required to recall 73,400 five-piece card table and chair sets sold under its Mainstays brand.


    The recall was initiated after Walmart said it received reports of 10 injuries including one instance of a finger amputation and several fingertip amputations. The product was manufactured by the Heshan Camis Industrial Co. Ltd., of Guangdong, China, according to the Consumer Products Safety Commission.

  • Walmart does donkey meat doubletake in China

    Food safety and compliance issues earned Walmart some unwanted attention this week after it was learned that snacks made with donkey meat in China were also found to contain fox meat.

  • First-ever state-licensed marijuana stores to open Jan. 1, in Colorado

    New York -- Colorado will become the first state in the country to open recreational pot retail stores when, on Jan. 1, 2014, it begins allowing the sale of cannabis to anyone age 21 or over.

    The move comes after voters in Colorado approved the measure in the November 2012 elections. The state of Washington also legalized recreational marijuana at the same time, but that state won't open marijuana stores until later in 2014.

  • SnackWell’s finds new home with Brynwood

    Mondelez Global sold its SnackWell’s brand cookie and snacks business to the Back to Nature Foods Company, a joint venture between Brynwood Partners VI and Mondelez.

    Brynwood VI and Mondelez Global formed the Back to Nature joint venture in 2012 through a structure whereby Brynwood VI acquired operating control and Mondelez Global retained a minority position in the new company.

  • Target: Encrypted PIN data stolen during credit card breach

    Minneapolis -- Target Corp. admitted Friday that “strongly encrypted PIN data” was removed during the hacking that compromised some 40 million credit- and debit-card accounts between Nov. 27 and Dec. 15. The retailer said it remains “confident” that customers’ PIN numbers are safe and secure.

  • Newegg files opposition to Soverain Software’s Supreme Court petition

    Los Angeles – Newegg has filed an opposition to Soverain Software's petition for the Supreme Court to review a January 2013 ruling by the Federal Court of Appeals in the Eastern District of Texas that found Newegg and other e-commerce retailers did not violate a patent on e-commerce shopping cart technology held by Soverain. In district court actions in the Eastern District of Texas, Soverain had obtained settlements and won jury verdicts estimated at more than $70 million.

  • Walgreens earns perfect score on Corporate Equality Index

    Deerfield Park, Ill. – Walgreens received a perfect score of 100% on the 2014 Corporate Equality Index (CEI). This marks the ninth year Walgreens earned 100% on the CEI, a national benchmarking survey and report on corporate policies and practices related to LGBT workplace equality, administered by the Human Rights Campaign Foundation.

  • Report: Federal hearings on Target breach possible

    Washington, D.C. -- Sen. Robert Menendez (D-N.J.) reportedly may seek federal hearings on the recent data breach at Target. According to the Associated Press, Menendez said in a press conference held outside a Jersey City, N.J. Target store that he has also requested the Federal Trade Commission (FTC) to investigate whether it can levy fines against Target and whether laws protecting sensitive consumer data need to be strengthened.

  • Law firms investigate Jones Group purchase

    New York – At least four law firms are investigating the pending purchase of The Jones Group. The law office of Brodsky & Smith, LLC, Vincent Wong, Farugi and Farugi, LLP and Robbins Arroyo LLP are investigating potential claims against the board of directors of The Jones Group, Inc. relating to the proposed acquisition by Sycamore Partners.

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