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Consumer Affairs & Relations

  • NRF seeks to block swipe fee suit settlement

    WASHINGTON — The National Retail Federation is set to go to court in order to block the proposed $7.25 billion settlement of a federal antitrust lawsuit over Visa and MasterCard credit card swipe fees.

  • Walmex same-store sales rose 4.1% in August, beating Street

    Mexico City -- Wal-Mart Stores’ Mexican arm Wal-Mart de Mexico reported Monday that same-store sales for the month of August rose 4.1%, beating analysts’ expected 2.8% increase.

    The retailer, which is being investigated for bribery to expedite store openings, projects improved results for the second half of the year.
     

  • NRF seeks to block swipe fee lawsuit settlement

    Washington, D.C. -- The National Retail Federation announced that its board of directors has authorized the Federation to go to court to block the proposed $7.25 billion settlement of a federal antitrust lawsuit over skyrocketing Visa and MasterCard credit card swipe fees that cost consumers hundreds of dollars a year.

  • Stop & Shop brings fuel savings to N.J. customers

    PURCHASE, N.Y. — Stop & Shop has expanded its gas rewards programs to customers in New Jersey.

  • Supervalu names interim president of Farm Fresh division

    MINNEAPOLIS — Supervalu has named Bill Parker as the interim president of Farm Fresh Food & Pharmacy, a 43- store division in the Virginia Beach/Norfolk, Va. market. Parker, Farm Fresh's current SVP merchandising, will replace Gaelo de la Fuente who became the company’s president in April 2010 and is leaving the company to pursue other interests. Parker will assume the new role on Sept. 15.

  • Hot Topic in search of new chief store officer

    CITY OF INDUSTRY, Calif. — Jerry Cook has resigned as chief store officer of Hot Topic, the retailer announced Thursday. The resignation is effective Feb. 28 and because of Cook's plans relocate his family to Texas and pursue other professional opportunities.

  • Kraft Foods outlines plans for North American grocery biz

    BOSTON — The future North American grocery business of Kraft Foods will deliver steady and profitable top-line growth, consistent bottom-line growth and a superior dividend payout, according to the business' future executive team.

  • Sears, Kmart jump on layaway bandwagon by waiving fees

    Hoffman Estates, Ill. -- Sears Holdings Corp. said Friday that both its Sears and Kmart banners would waive layaway fees for the holidays, allowing shoppers to open interest-free pay-over-time programs at both stores and online with no customary initial fees. Kmart’s program will run through Nov. 17, but Sears Holdings had yet to set a timeframe for its namesake stores.

    In the past, Kmart and Sears have charged $5 for an eight-week layaway contract and $10 for the 12-week program.

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