Consumer Affairs & Relations

CINCINNATI -- Procter & Gamble announced that Keith Harrison, global product supply officer, will retire effective Sept. 1, after more than 41 years of service.  Until his retirement, Harrison will serve as officer on special assignment, reporting to Bob McDonald, chairman of the board, president and CEO.

The company announced that Yannis Skoufalos currently VP product supply, global operations, has been elected global product supply officer, succeeding Harrison effective July 1.

NEW YORK — In what appears to be a case of back-pedaling to alleviate concerns of her devoted fanbase, Lady Gaga's deal to sell a special edition of her upcoming album at Target is off.

Shareholders of Wal-Mart de Mexico elected three new female board members at the company’s annual meeting yesterday, bringing to six the number of women on the company’s eleven-member board.

The new members include Shelley Broader, chief merchandising officer of Walmart Canada, Olga Gonzalez, Walmart’s VP audit services for Latin America and Kristin Oliver, SVP people for the Walmart International division. Other women on the board include Cathy Smith, Blanca Trevino and Kristin Oliver.

Arlington, Va. -- The Retail Industry Leaders Association on Thursday praised Illinois Governor Pat Quinn for signing the e-Fairness legislation, which addresses the long-standing inequity in the retail sales industry between brick-and-mortar retailers and their online-only counterparts.

Washington, D.C. -- A report released Thursday showed that consumer confidence fell last week to the lowest level in a month, negatively impacted by rising fuel prices.

The Bloomberg Consumer Comfort Index dropped to minus 44.5 in the week ended March 6, from the prior week’s minus 39.7, which was close to the highest in almost three years. Surging gas prices have left Americans concerned about personal finances.

Jacksonville, Fla. -- Stein Mart reported Thursday that fourth quarter profit surged to $18.8 million from $2.7 million in the year-ago period. Results included an income tax benefit in fourth quarter 2010.

Revenue for the quarter ended Jan. 29 decreased 1.5% to $336.7 million, compared with $341.8 a year earlier. Same-store sales dipped 1.2%.

Washington, D.C. -- A Wednesday report by Bloomberg said that Wal-Mart Watch, a union-funded group that advocates for Wal-Mart Stores workers, said Justice Antonin Scalia should disqualify himself when the U.S. Supreme Court considers the company’s bid to derail a gender-bias suit on behalf of potentially one million employees.

EL SEGUNDO, Calif. -- Robert Eckert, chairman and CEO of Mattel, will be presented the community leader award at the Exceptional Children’s Foundation's 65th Anniversary Gala. The recognition acknowledges Eckert’s leadership and ongoing commitment to shaping the development of generations of children, inspiring creativity and innovation and for demonstrating what's possible through a world of play, Mattel reported.

MINNEAPOLIS -- Target Clinic plans to open eight new locations in 2011. The in-store centers offer treatment for minor illnesses and injuries, skin treatments, vaccinations, tests and screenings, which are administered by health care professionals.

The new clinics will open in Target stores in the Twin Cities, Chicago and Ft. Lauderdale-Davie areas by the end of July.

DEERFIELD, Ill. — Walgreens on Wednesday sold its pharmacy benefit management business, Walgreens Health Initiatives, to Catalyst Health Solutions in a cash transaction for $525 million, subject to certain adjustments. The transaction is structured as an acquisition of all of the capital stock of WHI.