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Consumer Affairs & Relations

  • Visa, Mastercard settlement settled nothing

    Walmart added its sizable voice to the growing ranks of those opposed to a settlement regarding transaction fees charged by Visa and MasterCard.

  • Revenues slip at Hasbro in Q2

    PAWTUCKET, R.I. — Hasbro reported that net revenues for the quarter were $811.5 million, a decrease of 11%, compared with $908.5 million in 2011. Second quarter 2012 net revenues declined 7% excluding a negative $34.4 million impact of foreign exchange.

    Net earnings for the second quarter 2012 were $43.4 million, or 33 cents per diluted share, versus $58.1 million, or 42 cents per diluted share, in 2011.

  • Safeway optimistic on second half sales

    Safeway’s recently rolled out Just 4 U loyalty program has chairman and CEO Steve Burd optimistic about the grocer’s prospects for sales growth and market share gains. Read more in this special report.
     

  • Samsung Electronics America earns top marks from J.D. Power and Associates

    RIDGEFIELD PARK, N.J. — Samsung Electronics America Inc.received the highest customer satisfaction ranking in three categories in the annual J.D. Power and Associates 2012 Kitchen and Laundry Appliance StudiesSM. The company was a winner in the refrigeration category for the seventh year out of the last eight years, the dryer category for the fifth consecutive year and the washer category for the fourth consecutive year.

  • Estee Lauder Cos. names new EVP, CFO

    NEW YORK — The Estée Lauder Cos, whose brand portfolio includes Bumble and Bumble, American Beauty, Aveda and La Mer, has appointed Tracey Travis as EVP and CFO.

    She will jointly report to executive chairman William Lauder and Fabrizio Freda, president and CEO. Travis will assume her new position on Aug. 20.

  • Colorado Mills names marketing director

    Lakewood, Colo. -- Outlet and value shopping center Colorado Mills announced the hiring of Deborah Celaya as director of marketing and business development.

    In her new role, Celaya will be responsible for strategic marketing, business development, public relations, tenant relations, guest services and tourism.

    Celaya most recently held a senior executive position at Race Partners, and has previously served as group VP for General Growth Properties.

  • Dollar General teams with Western Union to offer prepaid cards at 10,000 locations

    Englewood, Colo. -- The Western Union Co. and Dollar General Corp. said that they have executed an agreement to begin offering two Western Union general-purpose reloadable prepaid cards at Dollar General’s more than 10,000 stores in 40 states.

    Dollar General is now offering the Western Union MoneyWise and co-branded Western Union Telemundo cards.

  • Tops expands presence in upstate New York, Vermont with acquisition of GU Markets stores

    Williamsville, N.Y. -- Tops Friendly Markets has entered an agreement with C&S Wholesale Grocers affiliate GU Markets to acquire 21 supermarkets located in upstate New York and Vermont.

    Tops said the acquisition will bring its number of operating stores to 153 and will expand Tops' footprint further into areas of northern and eastern New York State and neighboring northern Vermont. For the time being, 20 of the stores will continue to operate under the Grand Union banner, while the other store will continue to operate under the Bryant's banner.

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