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Consumer Affairs & Relations

  • J.C. Penney pursues sustainability in fiscal year 2012

    Plano, Texas – J.C. Penney Co. released its 2013 Sustainability Report, outlining sustainability initiatives pursued during fiscal year 2012 ended Feb. 2013. Highlights of the report included:

    • Stores and Operations: Through the company’s energy conservation efforts, J.C. Penney has received Energy Star certification in more than 500 locations and earned the Energy Star Sustained Excellence Award for five consecutive years.

  • NRF calls for adoption of chip-and-PIN credit and debit cards to curb fraud

    New York -- The National Retail Federation on late Tuesday sent a letter to Senate Majority Leader Harry Reid and House Speaker John Boehner that called for replacing the magnetic-strip credit and debit cards that are widely used throughout the United States with chip-based cards that store data in an embedded computer micro-chip and require the use of a PIN rather than a signature. The chip-based cards are widely used in Europe, Asia and Africa.

  • American Eagle seeks new CEO

    American Eagle Outfitters has named Jay L. Schottenstein, executive chairman of the board, as the company’s interim CEO. Schottenstein takes over for Robert Hanson, who is leaving the company.

  • Stein Mart adds former Neiman Marcus CEO Tansky to board

    Stein Mart has elected Burton M. Tansky to the company's board of directors. Tansky was with Neiman Marcus for 23 years, retiring as president and CEO in 2010.

    Before being named as CEO for the Neiman Marcus Group in 2001, Tansky was president and CEO of Neiman Marcus Stores. Prior to this he served as CEO of Bergdorf Goodman, a division of the Neiman Marcus Group, and as president of Saks Fifth Avenue.

  • Sears closing downtown Chicago store

    Hoffman Estates, Ill. – Sears plans to close a store in the Loop section of downtown Chicago in April 2014. Sears spokesperson Howard Riefs announced the closing in an email which said the store’s 160 employees, most of whom are part-time, will be eligible to apply for jobs at other Sears stores in the area and also to receive severance.

  • Coach Q2 income, sales down

    New York -- Coach Inc.'s net income dropped to $297.4 million in the second quarter, from $352.8 million a year earlier sales in North America fell sharply during the key holiday season.

    Overall revenue for the three months ended Dec. 28 fell 5.6% to $1.42 billion, with a 13.6% decrease in comparable-store sales in North America.

  • NRF addresses congressional leaders on data theft

    In a letter to congressional leaders, the National Retail Federation underscored the retail industry’s commitment to protecting sensitive consumer data in the wake of the recent international cyber attacks and thefts.

  • Kroger promotes two veteran execs

    Cincinnati – The Kroger Co. has promoted two veteran company executives. Jay Cummins has been named president of the Smith's Food and Drug Stores division and Joe Fey has been named president of Kroger's Mid-Atlantic division.

    Cummins, 62, has been serving as president of Kroger's Mid-Atlantic division. He succeeds Mark Tuffin, who was named senior VP of retail divisions in December 2013.

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