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Consumer Affairs & Relations

  • Dick’s Sporting Goods opens El Paso store Sept. 20

    Pittsburgh – Dick’s Sporting Goods, Inc. will open a new store in El Paso, Texas, on Sept. 20.

    The El Paso location at The Fountains of Farah will be the retailer's 20th store in the state of Texas and its 532nd nationwide. The new store will feature more than 40 in-store services performed by Dick’s certified pros.

  • California poised to raise minimum wage to $10

    New York -- In the final hours of its 2013 regular session, the legislature in California voted to approve a bill that would raise the minimum wage from $8 an hour to $10 an hour within three years. Gov. Jerry Brown has indicated he would sign the bill into law, saying "The minimum wage has not kept pace with rising costs. This legislation is overdue and will help families that are struggling in this harsh economy."

  • Lululemon moves on from sheer yoga pants setback

    Lululemon Athletica seems to be putting the recall of its see-through yoga pants earlier this year behind it. The company reported net revenue of $344.5 million for the second quarter ended Aug. 4, a 22% increase from $282.6 million in the prior-year quarter. Comparable stores sales for the quarter increased by 8%.

  • Susser Holdings Corp. CEO appointed chairman

    Corpus Christie, Texas -- Susser Holdings Corp. announced that Sam L. Susser has been appointed chairman of the board of directors of SUSS, effective immediately. He will retain his position as CEO of the company, which he has held since 1992.

    Bruce W. Krysiak, the current board chairman, will become lead independent director.  

     

  • DC Mayor vetos ‘living wage’ bill; council to consider override

    New York -- Washington, D.C., Mayor Vincent Gray vetoed a controversial bill that would have required Wal-Mart Stores and other large retailers to pay their employees at least $12.50 an hour. The bill applied only to retailers with stores of 75,000 sq. ft. or larger, at least $1 billion in annual sales and non-unionized workforces.

  • Kroger's streak continues

    CINCINNATI — Kroger achieved its 39th consecutive quarter of positive identical supermarket sales, and is raising its guidance as a result.

    The company's total sales for the second quarter ended Aug. 17 increased 4.6% to $22.7 billion in the second quarter compared with $21.7 billion for the same period last year. Total sales, excluding fuel, increased 3.9% in the second quarter over the same period last year. 

  • Loblaw Cos. acquisition of Shoppers Drug Mart gets OK from shareholders

    Toronto -- Shareholders of Canada’s Shoppers Drug Mart voted in favor of the drugstore chain’s proposed acquisition by Loblaw Cos.

    The transaction was approved by approximately 99.89% of the votes cast by all of the Shoppers Drug Mart shareholders eligible to vote.

    As previously reported, Loblaw Cos. and Shoppers Drug Mart announced on July 15 a definitive agreement under which Loblaw will acquire Shoppers Drug Mart for C$12.4 billion in cash and stock.

  • Retail industry and common sense score D.C. victory

    District of Columbia Mayor Vincent Gray this week vetoed one of the most wrong-headed regulations ever proposed and the nation’s two leading retail trade groups were quick to praise the action.

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