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Consumer Affairs & Relations

  • Men’s Wearhouse investor still pushing for deal with Jos. A. Bank

    New York -- Eminence Capital which owns 9.8% of the common stock of The Men's Wearhouse and is its single largest shareholder, on Wednesday released a presentation describing why Men’s Wearhouse board of directors should engage in merger discussions with Jos. A. Bank Clothiers, Inc. Eminence Capital also said that it has retained Moelis & Company as a strategic advisor.

  • Kroger announces succession plan for secretary, general counsel

    Cincinnati -- The Kroger Co. announced its succession plan for secretary and general counsel.

    Paul W. Heldman, 62, a 31-year Kroger veteran who has been serving as the company's general counsel since 1989, secretary since 1992, and executive VP since 2006, will retire in the spring of 2014.

  • Kroger unveils succession plan for secretary, general counsel

    Kroger announced its succession plan for secretary and general counsel. Paul Heldman, 62, a 31-year Kroger veteran who has been serving as the company's general counsel since 1989, secretary since 1992 and EVP since 2006, plans to retire in spring of 2014.

  • Home Depot looks ‘solid’ in third quarter

    Home Depot reaped the benefits of continuing improvement in the housing market with third quarter sales of $19.5 billion, a 7.4% increase from $18.1 billion in the third quarter of fiscal 2012.

    On a like-for-like basis (last year's quarter had an extra calendar week), comparable-store sales for the third quarter of fiscal 2013 were positive 7.4%, and comp sales for U.S. stores were positive 8.2%.

  • Report: Wal-Mart illegally punished strikers

    Bentonville, Ark. -- The National Labor Relations Board has reportedly determined that Wal-Mart acted illegally when it disciplined and fired employees who had been involved in strikes and other labor protest activities. According to the New York Times, the board investigated actions taken last year against about 100 Wal-Mart employees in stores across 12 states including California, Colorado, Texas and Massachusetts.

  • Unilever to part with three of its brands

    Unilever wants to sell its Soft & Beautiful, TCB and Pro-Line Comb-Thru brands to Strength of Nature. The sale excludes TCB’s business in Africa.

    Terms of the deal were not disclosed and it is expected to close in early December.

  • RadioShack changes fiscal calendar, board member retires

    Fort Worth, Texas -- At the conclusion of the current fiscal year on December 31, RadioShack will align its fiscal year-end to a traditional 52-week retail calendar with the fiscal year ending on the Saturday closest to January 31st. RadioShack says this is the format used by the majority of retailers today.

  • Dr. Pepper Snapple Group expands partnership with Bai Brands

    Dr. Pepper Snapple Group plans to distribute a growing line of all-natural, antioxidant-infused beverages.

    Bai Brands, which makes the Bai 5 line, said the two companies have been working together for the last two years in select markets around the country and will now expand their partnership in most major markets.

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