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Consumer Affairs & Relations

  • Target becoming dividend darling

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  • Cabela’s announces executive resignation

    Sidney, Neb. -- Cabela's Inc. announced that, effective January 1, 2013, Joseph M. Friebe, executive VP and president and CEO of the chain’s World’s Foremost Bank, will transition from his current positions and will become a special advisor to the CEO of the bank through 2014, when he plans to retire.

    “Under Joe’s leadership, the Cabela’s Club Visa program has posted industry-leading results, which have contributed greatly to our strategic growth,” said Tommy Millner, Cabela's CEO.

  • 3M executive shifts to PepsiCo

    PURCHASE, N.Y. — Mauro Porcini has been named chief design officer at PepsiCo, the company announced.

    Porcini, who served as chief design officer at 3M, will responsible for infusing design thinking into PepsiCo's organization and culture by globally managing design with a creative, innovative and consumer-centered approach for PepsiCo's brands, with a strong focus on its top 12 global brands: Pepsi, Lay's, Gatorade, Quaker, Tropicana, Lipton, Sierra Mist/7UP, Doritos, Cheetos, Mountain Dew, Sun and Mirinda.

  • NYC files derivative suit vs. Wal-Mart

    New York -- A Monday report by Reuters said that New York City's pension funds have filed a derivative lawsuit against Wal-Mart Stores Inc. based on reported allegations of bribery in Mexico and a possible cover-up by Wal-Mart officials.
     
    The suit, filed in Delaware Chancery Court, alleges that Wal-Mart's officers and board of directors breached their fiduciary duty to both the company and shareholders by failing to properly handle claims of alleged bribery and apparently attempting to cover up details of the issue.

  • Claire's Stores COO resigns company

    Chicago -- Claire's Stores announced Monday that its COO James G. Conroy has departed the company, effective immediately.

    Conroy's duties will be assumed by newly appointed CEO James D. Fielding, who will officially join Claire’s on June 18. Fielding had been president of Disney Stores Worldwide since May 2008.
     

  • Toronto bans plastic bags

    New York -- Toronto has become the first major city in Canada to ban the use of plastic shopping bags.

    The ban was passed by the city council in a surprise move that Toronto Mayor Rob Ford denounced as “ludicrous,” The Globe and Mail reported.

    The vote bans plastic bags, including biodegradable ones, from Toronto vendors starting in 2013. But the mayor predicted the ban will face a legal challenge.

  • Walmart testing ScripTalk talking Rx program in three stores and mail order

    Bentonville, Ark. -- Walmart is piloting a test program with En-Vision America to offer ScripTalk, a talking prescription system that provides those who cannot read standard print a safe and easy way to access the information on their prescriptions. ScripTalk is currently being offered to customers with visual impairments across the country through Walmart Mail Order and in three Walmart test stores. The program is free to Walmart pharmacy customers who are blind or visually impaired.

  • Walmart following current of seafood sustainability

    Greenpeace has released its latest "Carting Away the Ocean" report, and Walmart should be pleased with where it ranked on the list. With a score of 5, Walmart placed 12th (out of 20), just hight enough to earn an, or "passing," rating. While that may not seem so great, it is important to keep in mind that only two retailers, Safeway and Whole Foods received green, or "good" ratings for their scores of 7 and 7.1, respectively -- the first time any retailer has recieved such distinction.

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