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Consumer Affairs & Relations

  • Overstock.com CEO takes leave of absence

    Salt Lake City -- Overstock.com said Tuesday that chairman and CEO Patrick Byrne will take a leave of absence for medical reasons. Company president Jonathan Johnson will assume Byrne’s CEO duties during the leave, although Byrne will remain chairman of the board.

    Byrne, in recent years, had undergone various procedures regarding cardiac issues that may stem from his earlier episodes of cancer, and his leave of absence is associated with these cardiac issues.

     

  • Poll: Amazon leads reputation rankings

    New York -- In a survey released Tuesday, Amazon.com topped America’s list of companies with great reputations, joined by Apple and Google in the top five.

    The 2013 Harris Poll Reputation Quotient, which polls the general public about the reputations of the 60 most visible U.S. companies, put Amazon in the top spot for the first time, although it consistently has earned high rankings. Amazon edged out Apple, which ranked first last year and second in 2013.

    Walt Disney Co., Google, and Johnson & Johnson completed the top five.

  • Hasbro lacks revenue momentum heading into Toy Fair

    PAWTUCKET, R.I. — Heading into the toy industry's largest trade show next week, toy manufacturer, Hasbro, reported net revenues of $1.28 billion for the fourth quarter of 2012, compared with $1.33 billion in 2011. The company reported net earnings for the quarter of $130.3 million or 99 cents per diluted share.

    Net revenues for the full-year 2012 were $4.09 billion compared with $4.29 billion in 2011. 

    Net earnings for the full-year 2012 were $336 million, or $2.55 per diluted share, versus $385.4 million, or $2.82 per diluted share, in 2011.

  • UL’s new ‘EcoLogo’ a tool for transformation

    Underwriters Laboratories’ UL Environment division introduced an updated version of its EcoLogo to designate the sustainability of toys.

    The EcoLogo is the first environmental toy standard developed with input from the Toy Industry Association (TIA), according to UL. It establishes a points-based model for the evaluation of performance, and recognizes manufacturers for sustainability leadership and innovation with the addition of a Platinum level certification for the highest achievement.

  • Lowe’s Canada names president

    Mooresville, N.C. -- Lowe’s Cos. said Friday that Sylvain Prud'homme will join the company as president of Lowe's Canada, effective March 25.

    Prud’homme replaces Alan D. Huggins, who is returning to the United States as Lowe's VP international operations.

    Prud'homme comes to Lowe's from Loblaw Co., where he served in EVP roles in operations and merchandising.

     

  • Skullcandy founder resumes CEO role

    PARK CITY, Utah -- Skullcandy, a manufacturer of performance headphones, has named Rick Alden, the company's founder, former CEO and a current director, as Interim CEO. Jeremy Andrus has decided to step down from his positions as resident and CEO and a company director to join a private investment firm. He will serve as a consultant to the company over the next 12 months.

  • Claire's names chief marketing officer

    Chicago -- Claire's Stores announced Friday that Dina Keenan has been appointed global SVP and chief marketing officer, effectively immediately.

    Keenan’s experience in marketing strategy, brand development, advertising and retail include stints at Bath & Body Works, Elizabeth Arden Red Door Salons & Spas, and Bozell Worldwide.

    One of the initial focuses for Keenan will be to align her organization to support the global brand needs of Claire's and Icing, the company said.

     

  • Staples Canada and Alliance Data announce multi-year agreement

    Dallas -- Alliance Data Systems Corp. announced Thursday that its Canadian loyalty business signed a new multi-year agreement with Staples Canada Inc., which operates about 330 locations under the banners Staples and Bureau en Gros.

    Staples Canada joined Alliance’s Air Miles Reward Program, under which reward miles are redeemed for more than 1,000 different rewards. The retailer will launch the program in-store and online in March.

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