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Consumer Affairs & Relations

  • Best Buy board gains weather, digital perspective

    Weather Company chairman and CEO David Kenny has joined the Best Buy board of directors.

  • Finish Line performs better than expected

    Sales at Indianapolis-based athletic footwear and apparel retailer Finish Line grew 13.3% to $436 million and earnings per share increase 10.2% to 54 cents, nine cents better than analysts forecast for the period ended August 31.

    Company chairman and CEO Glenn Lyon characterized the performance as solid, and credited a 0.9% comp increase and expense control for profit growth.

  • U.S. investigators raid Lumber Liquidator’s offices

    New York -- Lumber Liquidators Holdings Inc., the fast-growing hardwood flooring retailer, said Friday that federal authorities with search warrants showed up at its corporate offices Virginia, on Thursday. The company said that the federal authorities' actions were related to certain wood flooring product imports.

    The authorities were from the Department of Homeland Security's Immigration and Customs Enforcement and the U.S. Fish and Wildlife Service.

  • SGK appoints managing director of brand development

    SGK, formerly marketed as Schawk, Inc., a leading global brand development, activation and deployment company, has appointed Scott Lucas to the new position of managing director, brand development to oversee its Brandimage and Anthem operations in Cincinnati.

  • Outrage has its limits at Walmart

    Walmart was quick to sever ties with Paula Deen earlier this year, but the extent of the company’s outrage over her racist comments wasn’t sufficient to warrant immediately rooting the disgraced Food Network Star’s merchandise from its supply chain.

  • Simon receives sustainability recognition

    Indianapolis — Simon Property Group has received recognition for its sustainable efforts.

    First, SPG has been named to the 2013 CDP Global 500 Climate Disclosure Leadership Index (CDLI). The annual index highlights FTSE Global 500 companies that demonstrate leadership through disclosure of information regarding climate change and score within the top 10% of the five hundred companies assessed. This is SPG’s fifth CDLI award and its third due to top score on disclosure of green house gas emissions and energy use.

  • Schnuck Markets names former Giant-Landover prez as strategy chief

    Former president of Giant-Landover, Anthony Hucker, has joined Schnuck Markets as EVP and chief strategy officer.

    Hucker recently resigned as president of Giant-Landover, a chain owned by Ahold USA that runs 169 stores in the District of Columbia and surrounding areas.

    "Anthony is a tremendous talent who shares our values; he's customer-focused and a true merchant in every sense," Schnucks chairman and CEO Scott Schnuck said. "We expect that he will add velocity to efforts that will ensure Schnucks' continued growth and success."

     

  • J.C. Penney seeks up to $1 billion in equity

    Plano, Texas – J.C. Penney Company Inc. reportedly seeks to raise $750 million to $1 billion in cash equity. According to Reuters, J.C. Penney, which is valued at $2.6 billion, is considering issuing new stock shares as well as other unspecified alternatives.

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