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Consumer Affairs & Relations

  • Macy’s-J.C.Penney Martha Stewart suit nears end

    New York – The long-running legal dispute over whether J.C. Penney has the right to sell Martha Stewart Living products appears to be nearing a conclusion. The Wall Street Journal reports that lawyers for Macy’s, which is suing Martha Stewart Living Omnimedia alleging a breach of contract giving Macy’s exclusive rights to sell Martha Stewart Living, Martha Stewart Living Omnimedia, and Penney, which may face fines and/or a ban on selling Martha Stewart Living products, all gave closing arguments in New York State Supreme Court yesterday.

  • Free market voice argues for Walmart’s Boston presence

    Left-leaning individuals in large urban areas find lots of reasons to dislike Walmart, so it is noteworthy when someone in a liberal stronghold forcefully sides with Walmart and personal freedom.
     
    That was the case in Boston this week when the Boston Globe ran an article by Shirley Leung with the headline, “It’s time to say yes to Walmart.”

    She acknowledged the familiar narrative put forth by those who seek to block Walmart’s expansion.

  • Former Best Buy exec to head new media strategy at Guitar Center

    LOS ANGELES, Calif. — Guitar Center is trying out a new communications strategy and media policy and has appointed Christopher Ian Bennett as the company's first-ever VP of communications and corporate affairs.

    In his previous role, Bennett led Best Buy Canada's corporate communications department under Mike Pratt, who is Guitar Center's new CEO.

  • Guitar Center names communications chief

    New York -- Guitar Center has named Christopher Ian Bennett as the company's first-ever VP communications and corporate affairs.

    In his previous role, Bennett led Best Buy Canada's corporate communications department under Mike Pratt, who is Guitar Center's new CEO.

    In his new role, Bennett will be responsible for the overall internal and external communications strategy of Guitar Center and affiliated brands, and will be charged with driving a clear and singular message.

     

  • Wealth effect not in play at Walmart

    Surging home prices and 401K balances have millions of Americans feeling better about their personal balance sheets and the state of the economy, but Walmart’s core shoppers remain under duress and that could spell trouble for second quarter sales.
     

  • A cautionary tale for Walmart buyers, suppliers

    Walmart pulled a dietary supplement from its Web site this week following a report by USA Today that called into question the product’s safety and the track record of the supplier.
     
    The product in question was a pre-workout supplement called Craze from supplier Matt Cahill who USA Today said has a history of putting risky supplements on the market. Walmart spokeswoman Dianna Gee said the product was pulled to, “allow us time to look further into not only the safety of the product, but also the integrity of the supplier.”

  • P&G plans to build on Q4 results

    CINCINNATI — Procter & Gamble plans to remain focused on keeping existing and potential customers and shareholders happy, following its net sales for fiscal 2013 which increased 1% to $84.2 billion, including a negative two-point impact from foreign exchange. 

    Diluted net earnings per share from continuing operations were $3.86, up 24% compared with the prior year.

  • Publix raises stock price following Q2 results

    LAKELAND, Fla. — Publix has raised its private stock from $26.90 per share to $27.55 per share following a 5% sales increase for the first half of 2013 to $14.5 billion, compared to the first half of 2013. Comparable-store sales for the first half of 2013 increased 3%.

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