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Consumer Affairs & Relations

  • Bankruptcy judge approves Borders sale to Barnes & Noble

    New York City -- A Bloomberg report on Tuesday said that Borders Group has garnered court approval for the sale of its intellectual property to Barnes & Noble after a recent question about privacy issues was resolved.

    U.S. Bankruptcy Judge Martin Glenn in Manhattan approved the transaction after reviewing new terms between Borders and Barnes & Noble that will protect the privacy rights of 48 million customers.

  • Ex-Carter’s exec charged with fraud

    Atlanta -- U.S. prosecutors have charged former Carter’s senior VP Joseph Elles with securities fraud, according to a report by the Associated Press.

    Elles has been accused of lying about the company's financial situation and then selling shares of its stock when the price was artificially inflated.

  • A tree grows with Ikea

    CONSHOHOCKEN, Pa. — Ikea announced that on Oct. 1, its U.S. stores will give away free tree seedlings through its partnership with American Forests. Ikea has been partnering with American Forests since 1998, and through their "Plant a Tree" campaign, they have raised $1.9 million dollars to plant 1.9 million trees.

  • MSLO names SVP communications

    NEW YORK — Martha Stewart Living Omnimedia nnounced that Jeanne Meyer has joined the company as SVP communications. In this position, she will work closely with the senior management team to lead, develop and execute a comprehensive corporate communications strategy for the company's media and merchandising businesses. She will report to president and COO Lisa Gersh.

  • Safeway appoints chief medical officer

    PLEASANTON, Calif. — Safeway has appointed Kent Bradley as its new chief medical officer.

    In his new role, Bradley will be responsible for developing and guiding the company's extensive portfolio of health care programs including its employee and consumer wellness and prevention activities. Additionally, Bradley also will assist Safeway's Safeway Health subsidiary on a range of business initiatives, the company said. He will report to Safeway EVP and Safeway Health president Larree Renda.

  • A.T. Kearney study sees big opportunity for retailers in aging consumers

    Chicago -- Meeting the needs of aging consumers offers retailers and brand marketers a major opportunity going forward, according to a new study by global management consulting firm A.T. Kearney.

    Mature consumers form a worldwide market segment that spent $8 trillion in 2010 and will be spending $15 trillion annually by the end of this decade, the study estimated. Based on current worldwide demographic trajectories, in five years there will be more people over the age of 60 than under five; in 30 years, there will be more people over 60 than under 16.

  • Safeway appoints its first-ever medical officer

    Pleasanton, Calif. -- Safeway announced that Dr. Kent Bradley has joined the company as chief medical officer, a newly created position focused on further enhancing and building Safeway's reputation as a healthcare innovator. He joins Safeway after a distinguished career in the U.S. Army, where he earned the rank of Colonel and served in a wide of range assignments.

  • Retail CFOs expect 3% increase in total 2011 sales, M&A activity rises

    Amid economic uncertainty and low consumer confidence levels, retail CFOs are expecting a 3% increase in total 2011 sales, according to a recent survey by BDO USA. While the number reflects the study’s most optimistic sales forecast since 2007, it is down from the 4.7% sales increase reported by the Commerce Department in 2010.

  • Food associations get "Up Front" about nutrition

    WASHINGTON, D.C. — The Grocery Manufacturers Association and the Food Marketing Institute have launched a new consumer education campaign around the front-of-pack nutrition labeling system launched in January by the food and beverage industry.

    The Facts Up Front consumer education campaign will launch in early 2012, as consumers will see the new icons on a majority of products in the marketplace, the associations announced. The campaign will also be supported by a new website, www.factsupfront.org.

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