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Consumer Affairs & Relations

  • ICSC-NY show attendance leaps 15%

    New York -- Identified as a 2014 industry bellwether, this year’s New York National Conference and Deal Making is up 15% over last year, with some 7,000 people in attendance, according to the International Council of Shopping Centers.

    The increase bodes well for next year, according to Michael P. Kercheval, president and CEO. When attendance is up, he said, the industry grows the following year. When it’s down, a decline has always followed.

  • Office Depot chooses Boca Raton

    Office Depot has chosen Boca Raton, Fla., for its global headquarters.

    The company took several factors into account, including the cost to operate each headquarters location, lease obligations and sublease considerations, tax implications, government incentives, ability to add associates and incorporate functions in the current space, and people-related costs.

  • Shopping with a social conscience

    Retailers and manufacturers targeting Gen X and Y shoppers this holiday season should introduce more transparency into their product labels and identify fair trade, conflict-free and environmentally friendly practices.

    Results of a new survey by KPMG LLP reveal that nearly 70% of consumers younger than age 30 consider social issues such as sustainability, human rights and fair trade before making a purchase. This outpaces the fewer than 50% of consumers overall who feel the same way.

  • Fifth & Pacific to focus on Kate Spade

    Fifth & Pacific plans to sell its Lucky Brand Jeans division to an affiliate of Leonard Green & Partners for $225 million so it can focus on its fast-growing Kate Spade brand.

    "We believe that by focusing all of our resources on the huge opportunity at Kate Spade, we can deliver the strongest value creation opportunity for our shareholders,” said William L. McComb, CEO of Fifth & Pacific (formerly known as Liz Claiborne). “This is all about bringing Kate Spade to its full potential.”

  • Linens ‘n Things acquired by Galaxy Brand Holdings; poised for comeback

    New York -- The once bankrupt and liquidated retailer Linens ‘n Things is poised for a comeback following an acquisition of the brand by Galaxy Brand Holdings.

  • WhiteWave Foods grows organic footprint

    The WhiteWave Foods Company, a leading consumer packaged food and beverage company in North America and Europe, plans to acquire Earthbound Farm, a leading organic food brand, from its existing shareholders led by Kainos Capital and founders Drew & Myra Goodman, for approximately $600 million in cash.

  • Scotts Miracle-Gro teams up with Velcro to enhance packaging

    The Scotts Miracle-Gro Company has turned to Velcro Industries to help it enhance packaging for its Scotts EZ Seed grass seed with Velcro-brand PRESS-LOK closure technology.

    The leading marketer of branded consumer lawn and garden products and Velcro Industries worked with manufacturer Peel Plastics Products, a recognized leader in product and process innovation, to integrate Velcro Industries' PRESS-LOK closure technology into Scotts' grass seed package.  

  • Michael Jeffries to remain at the helm of Abercrombie & Fitch

    Michael Jeffries is still CEO of Abercrombie & Fitch. The company has renewed Jeffries’ employment agreement for a second time, with this latest restructured agreement taking effect Feb. 1, 2014, when Jeffries' current agreement expires.

  • Bering named CEO at FirsTime Design

    Product designer, marketer and distributor FirsTime Design Limited elevated Christopher Bering to the role of president and CEO.

    The company, which does business as FirsTime Manufactory through its License Products subsidiary, said Bering will also serve as a member of the board. Bering previously served as president and COO and fills the position occupied by Pete Wierenga since January 2012. Wierenga will continue to serve as chairman of the board.

  • Barnes & Noble discloses SEC probe

    New York -- Barnes & Noble Inc. said is cooperating with a U.S. Securities and Exchange Commission investigation into its accounting.

    The SEC notified the bookseller Oct. 16 that it was investigating the company's restatement of earnings announced in July.
     
    The agency’s New York regional office also said it was looking into a former non-executive employee's allegation that the company improperly allocated certain expenses between its Nook e-reader and retail businesses.

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