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Consumer Affairs & Relations

  • Board drama at Lululemon

    Lululemon founder Chip Wilson has voted against the re-election of Michael Casey and RoAnn Costin to the company’s board of directors.

    Wilson founded the company in 1998, and has seen it evolve through many business cycles, expanding it from a small storefront in Vancouver to an international brand with more than 250 stores.

  • Lululemon founder Wilson votes against reinstating directors

    Vancouver, Canada — Lululemon Athletica Inc. founder Chip Wilson announced that he voted against the re-election of Michael Casey and RoAnn Costin to the board of Lululemon Athletica. Wilson, who founded the company in 1998, had been living in Australia and was asked by the company to return and deal with a quality control issue that resulted in a product recall during 2013.

  • Energy drink maker retracts distribution announcement

    The maker of DNA Energy Drink is eating its words after incorrectly announcing a distribution agreement between DNA Brands and Trenton Coca-Cola on Monday.

    DNA’s president and CEO, Eric Fowler, said Wednesday that the announcement from earlier this week was incorrect and that there was no agreement for distribution between the bottling company and DNA. The announcement also quoted Chuck Jones, citing him as president of the bottling company even though he is not.

  • Target hires GM tech-security head as chief information security officer

    Minneapolis — Target Corp. has named Brad Maiorino as senior VP, chief information security officer, a new position added as the chain overhauls its security department in the wake of its data breach.  Maiorino comes to Target from General Motors,  where he was the company’s chief information security and information technology risk officer.  Prior to that, he was the chief information security officer at General Electric.

  • Target names top digital cop

    Target has bolstered its digital security efforts with the appointment of former General Motors and General Electric executive Brad Maiorino to the newly created role of SVP and chief information security officer.

  • Report: Chico’s considers going private

    Fort Myers, Fla. — Chico’s FAS Inc. is reportedly considering taking itself private. According to Financial Times, the women’s apparel retailer has been holding talks with several private equity firms in recent weeks.

  • Wal-Mart cites trucking safety guidelines

    Bentonville, Ark. — In the wake of an accident involving a truck driver for Wal-Mart Stores on the New Jersey Turnpike on Saturday, June 7 that left comedian Tracy Morgan critically injured and killed one of Morgan’s associates, comedian James McNair, Wal-Mart Stores has released a fact sheet about its trucking safety guidelines, as well an official statement regarding the crash.

  • Dollar General to open stores in three new states

    Goodlettsville, Tenn. — Dollar General plans to expand its nationwide presence into three new states within the next year, increasing the company’s presence to 43 states across the country. The discount retailer will begin construction on stores in Maine and Rhode Island in fall 2014, with plans to expand into Oregon in early 2015.

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