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Consumer Affairs & Relations

  • Kantar Retail survey: Dollar General offers least expensive basket price

    Cambridge, Mass. -- Dollar General is the overall basket price leader delivering a substantial savings to value shoppers, according to Kantar Retail’s second annual opening price point (OPP) survey. Walgreens, for the second year, had the most expensive total basket, driven by sharply higher edible and non-edible grocery baskets  

  • Anheuser-Busch making a difference for military families

    The Budweiser brand raised $2.5 million for military families during Major League Baseball’s recently ended regular season as part of a program called, "Walk-off a Hero."

  • Wet Seal chairman and three board members out; replaced by Clinton Group nominees

    Foothills Ranch, Calif. -- The chairman of The Wet Seal and three other directors have stepped down from its board, replaced by four nominees of the Clinton Group. The move follows several attempts by the activist investor group, which holds about 7% of Wet Seal, to take control of the struggling retailer.

    As a result of the board changes, Clinton Group has agreed to terminate its effort to get support from shareholders for its nominees, Wet Seal said Friday.

  • Walmart’s diversity efforts acknowledged by Fortune

    Three top executives from Walmart were among the 50 most powerful women recognized recently by Fortune.

    The business publication put Sam’s Club president and CEO Rosalind Brewer at 12th on the list with Walmart U.S. EVP and COO Gisel Ruiz ranked 21st. Also making the list in 36th place was Susan Chambers, Walmart’s EVP of the global people division.

  • Target to stop reporting monthly sales

    New York -- Target Corp. will soon join the ranks of retailers who are no longer reporting monthly same-store sales. The discounter on Thursday said it will no longer report comparable sales, beginning in fiscal 2013.

  • Ralcorp investor named to board of directors

    ST. LOUIS — Ralcorp Holdings has named Keith Meister, the founder and managing partner of Corvex Management LP, to its board of directors, effective immediately.  In addition, Meister will join the strategy and financial oversight committee which is charged by the board of directors with the evaluation of strategic opportunities to drive shareholder value.

  • Report: Wal-Mart sued in Florida for gender discrimination

    New York -- Three female employees of Wal-Mart Stores Inc. filed a lawsuit Thursday in federal court in South Florida claiming the company discriminates against women in areas such as wages and promotion opportunities, the Associated Press reported.

    The potential class-action lawsuit follows similar lawsuits recently filed in Tennessee, Texas and California. It also follows a 2011 U.S. Supreme Court decision that tossed out a national gender bias lawsuit seeking to represent some 1.6 million female Wal-Mart workers.

     

  • Wet Seal urges rejection of Clinton proposal

    FOOTHILL RANCH, Calif. — Teen retailer Wet Seal continues to urge its shareholders to reject efforts by Clinton Group to replace the company’s current experienced directors with Clinton Group’s hand-picked nominees who lack relevant experience.

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