Consumer Affairs & Relations

EL SEGUNDO, Calif. — For the second quarter, Mattel reported net income of $96.2 million, or 28 cents per share, compared with last year’s second quarter net income of $80.5 million, or 23 cents per share.

Dallas -- Davaco Inc. has promoted Tim Currier to VP business development.

In this role, Currier is responsible for identifying new business opportunities and building strategic partnerships with nationwide retail, restaurant and hospitality brands. He reports to Paul Hamer, executive VP business development.
 

Bridgeview, Ill. -- Rose Paving Co. hosted an open house at its branch office in Norcross, Ga., on June 21. The event  celebrated the company's new office in Norcross and expansion in the Southeast.
 
"Rose Paving's move to Norcross is a direct result of our bold goals to revolutionize parking lot management," said C.B. Kuzlik, senior VP Rose Paving. "We are passionate about the work we do and we are determined to provide the very best service to our valued clients in Atlanta and throughout the Southeast."

Visa and MasterCard on Friday announced a proposed $6.6 billion settlement to a long-running dispute over the fees they charge merchants, but one major trade group was clearly annoyed at the prospect.

Two U.S. toy companies have a shot at exclusive distribution with Meijer this holiday season thanks to a innovative contest announced Monday.

The retailer unveiled details of the Meijer Next Great Toymaker contest designed to give two small U.S. toymakers the chance to have their toy receive exclusive distribution on Meijer.com this holiday season.

NEW YORK — Barnes & Noble has announced the appointment of Thomas Donohue as VP treasurer; Kanuj Malhotra as VP corporate development; and the promotion of Andy Milevoj to VP investor relations, all reporting directly to Mike Huseby, CFO.

NEW YORK — TLB Merger Sun, an affiliate of Sycamore Partners, has extended the expiration of its tender offer to acquire all of the outstanding shares of common stock, and the associated stock purchase rights, of The Talbots Inc. for $2.75 per share, net to the seller in cash, without interest, and less any applicable withholding taxes, to 5 p.m., New York City time, on Friday, July 27, unless further extended.

Riverwoods, Ill. -- Discover on Monday announced that its cards are now accepted at Neiman Marcus stores nationwide.

“By adding Discover as another payment option, Neiman Marcus continues to give customers more flexibility and convenience at the point of sale," said Jim Gold, president, specialty retail, The Neiman Marcus Group. “We are happy to open our Neiman Marcus stores to loyal Discover card members so they can shop their favorite brands and earn more rewards.”

 

New York -- Macy's on Friday won a preliminary injunction against Martha Stewart Living Omnimedia that would prevent it from selling some of its products at the chain.

Macy's Inc. sued Martha Stewart Living in January after J.C. Penney acquired a 16.6% stake in Martha Stewart Living and announced plans in December to open Martha Stewart mini-shops beginning next year. Macy’s said that it had exclusive rights to certain categories of the Martha Stewart brand until 2018.

By David Asselin, [email protected]