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Consumer Affairs & Relations

  • Sears extends invitation to Amazon affiliates

    HOFFMAN ESTATES, Ill. -- Sears Holdings has joined other retailers, including Barnes & Noble, in inviting Amazon.com affiliates to work with it following Amazon's response to recent legislation related to collected taxes on e-commerce purchases.

  • Walmart brushes up on sustainable beauty with EcoTools line

    NEW YORK — EcoTools, an earth-friendly bath and beauty products brand, has made its way to Walmart.

    Last month, a variety of EcoTools cosmetic brushes lined the shelves of Walmart stores throughout the country. EcoTools also introduced the EcoTools everyday collection 6-piece brush set exclusively at Walmart. The collection, which comes in a hemp case, includes an angled blush brush, an angle eyeliner brush, concealer brush, eye shading brush and detailer/lip brush. The 6-piece set retails for $10.98.

  • Family Dollar escalates private brand efforts

    The nation’s second largest dollar store chain may have rejected a buyout offer this week, but it struck a deal of another kind to help it grow sales of private brands.

  • Walmart raises dividend

    BENTONVILLE, Ark. — Walmart said Thursday that it is increasing its annual dividend 21% on the back of strong earnings.

    The retailer last month reported a 27% increase in fourth-quarter net income as it benefited from cost-cutting and strong international sales. Walmart said it will pay an annual dividend this year of $1.46, up from $1.21. It will pay quarterly dividends of 36.5 cents in April, June, September and January in fiscal 2012, which ends Jan. 31.

    The next dividend will be paid on April 4 to shareholders of record on March 11.

  • Genesco Q4 net income up 19%

    Nashville, Tenn. -- Genesco said Friday that its net income rose 19%, boosted by acquisitions and higher revenue from its stores.

    Net income rose 19% to $30.9 million, from $25.9 million in the prior-year period. Revenue rose 17% to $560.5 million, from $479 million. Analysts expected revenue of $539.8 million.

    Same-store sales were up 9%.

    For the full year, net income rose 85% to $53.2 million. Revenue rose 14% to $1.79 billion, from $1.57 billion.

  • Winn Dixie signs cart-cleaning agreement with Green Secure Solutions

    Pompano Beach, Fla. -- Winn Dixie Stores has contracted Green Secure Solutions to clean, sanitize and protect shopping carts, hand baskets, handicap carts, food trays and other equipment at the grocer’s 484 stores.

  • Wal-Mart raises dividend; sets date for annual meeting

    Bentonville, Ark. -- Wal-Mart Stores said Thursday that it is increasing its annual dividend 21% on the back of strong earnings.

    The retailer last month reported a 27% increase in fourth-quarter net income as it benefited from cost-cutting and strong sales overseas. Wal-Mart said it will pay an annual dividend this year of $1.46, up from $1.21. It will pay quarterly dividends of 36.5 cents in April, June, September and January in fiscal 2012, which ends Jan. 31.

  • Delaware Supreme Court rejects Burkle’s appeal in Barnes & Noble suit

    Dover, Del. -- The Delaware Supreme Court has rejected an appeal by billionaire Ron Burkle in a lawsuit challenging a poison pill plan adopted by Barnes & Noble after he doubled his stake in the company.

    After hearing arguments Wednesday, the court on Thursday affirmed a judge's ruling last year upholding the poison pill plan, which limited a shareholder's stake in the company to 20%.

  • Target settles lawsuit over California waste disposal

    San Diego -- Target Corp. was ordered by a California judge to pay $22.5 million to settle a lawsuit alleging that the chain illegally disposed hazardous waste at hundreds of stores throughout the state, prosecutors said Thursday, according to the Associated Press.

    The settlement puts Target under tight scrutiny to ensure that it properly disposes waste at its nearly 300 stores in California, the report said.

  • Family Dollar stays on course

    MATTHEWS, N.C. -- Family Dollar Stores announced that it will continue to implement its strategic plan. The decision was agreed upon unanimously by the company's board of directors who decided the strategic plan was the best way to deliver value to all Family Dollar shareholders.  The company also reported that it would not entertain the proposal from Trian Group to acquire Family Dollar and that pursuit of a sale of the company is not in the best interest of shareholders.  

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