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Consumer Affairs & Relations

  • NRF to explore legal options after preliminary approval of swipe fee deal

    Washington -- The National Retail Federation on Friday said it will explore all legal options following a judge’s preliminary approval of a proposed class-action settlement of an antitrust lawsuit over the $30 billion a year in credit card swipe fees charged by Visa and MasterCard.

  • More junk science from Consumer Reports

    Walmart will sell a bazillion electronics products this holiday season, no thanks to Consumer Reports which rates the company last as a CE destination.

    Apple and Costco were ranked one and two as the best venues for CE items followed by a bizarre classification called "independents," considering the CE space is dominated by chains. The Army and Air Force Exchange Service (AAFES) and Sam’s Club ranked highly. Walmart was last among the 14 physical retailers ranked with a score of 81, compared to Apple and Costco at 92.

  • On solid 3Q, Kraft promises more innovation for key brands

    NORTHFIELD, Ill. — Kraft Foods Group reported that new product sales, increased advertising investment and improved productivity have contributed to profit gains for the quarter ended Sept. 30.

  • RILA to Obama: Without rules, employer-sponsored health care at risk

    Arlington, Va. – In a letter sent Thursday to President Barack Obama, RILA President Sandy Kennedy argued that the Administration’s failure in a timely manner to provide employers with formal guidance on the most basic of implementation rules for the Affordable Care Act (ACA) jeopardizes employer-sponsored healthcare coverage.

    “RILA is extremely concerned that when formal guidance is finally released, employers will not have ample time to plan, budget and implement changes in order to comply with the new law,” said Kennedy.

  • Hasbro named one of America's most 'community-minded' companies

    PAWTUCKET, R.I. — Hasbro has been named as one of America’s most community-minded companies. Hasbro was selected in the top 10 by "The Civic 50," the first comprehensive ranking of S&P 500 corporations that best use their time, talent, and resources to improve the quality of life in the communities where they do business. This list also includes companies such as IBM, Citi and AT&T.

  • Stop & Shop, parent company Ahold USA donate $2.5M for Hurricane Sandy cleanup and recovery efforts

    PURCHASE, N.Y. — The Stop & Shop Supermarket Company LLC and its parent company Ahold USA have donated $2.5 million to the American Red Cross to support Hurricane Sandy cleanup and recovery efforts. The money, which came from the companies and their charitable foundation, Our Family Foundation, will mainly go to the hardest hit areas in New Jersey, New York and Connecticut. Stop & Shop has also designated stores in New York and New Jersey as drop-off points for canned and packaged food.

  • Election 2012: The impact on retail

    New York -- The National Retail Federation on Wednesday said it looked forward to continuing to work with President Obama and the new Congress toward the goal of putting Americans back to work and ensuring that the nation’s economy remains the strongest in the world.

  • NRF ready to work with Obama

    WASHINGTON — President Obama is back for another term, and whether or not the National Retail Federation supported his re-election, the group said it is ready to work with him on key issues facing the retail industry.

    The National Retail Federation Wednesday released the following statement from President and CEO Matthew Shay on the re-election of President Obama:

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