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Consumer Affairs & Relations

  • Retail CFOs expect 3% increase in total 2011 sales, M&A activity rises

    Amid economic uncertainty and low consumer confidence levels, retail CFOs are expecting a 3% increase in total 2011 sales, according to a recent survey by BDO USA. While the number reflects the study’s most optimistic sales forecast since 2007, it is down from the 4.7% sales increase reported by the Commerce Department in 2010.

  • MSLO names SVP communications

    NEW YORK — Martha Stewart Living Omnimedia nnounced that Jeanne Meyer has joined the company as SVP communications. In this position, she will work closely with the senior management team to lead, develop and execute a comprehensive corporate communications strategy for the company's media and merchandising businesses. She will report to president and COO Lisa Gersh.

  • A.T. Kearney study sees big opportunity for retailers in aging consumers

    Chicago -- Meeting the needs of aging consumers offers retailers and brand marketers a major opportunity going forward, according to a new study by global management consulting firm A.T. Kearney.

    Mature consumers form a worldwide market segment that spent $8 trillion in 2010 and will be spending $15 trillion annually by the end of this decade, the study estimated. Based on current worldwide demographic trajectories, in five years there will be more people over the age of 60 than under five; in 30 years, there will be more people over 60 than under 16.

  • Safeway appoints chief medical officer

    PLEASANTON, Calif. — Safeway has appointed Kent Bradley as its new chief medical officer.

    In his new role, Bradley will be responsible for developing and guiding the company's extensive portfolio of health care programs including its employee and consumer wellness and prevention activities. Additionally, Bradley also will assist Safeway's Safeway Health subsidiary on a range of business initiatives, the company said. He will report to Safeway EVP and Safeway Health president Larree Renda.

  • Report: Borders intellectual property sale delayed by privacy questions

    New York City -- A late Thursday report by Bloomberg revealed that Border Group’s planned sale of its intellectual property to Barnes & Noble was delayed due to questions regarding customer privacy.

    U.S. Bankruptcy Judge Martin Glenn, Manhattan, asked that privacy rights for 48 million customers be clarified. He adjourned the Thursday sale-approval hearing in order to explore a privacy expert’s claims that how Barnes & Noble used the acquired rights could violate customer privacy.

  • Whitman takes over as HP CEO

    PALO ALTO, Calif. — HP announced that its board of directors has appointed Meg Whitman as president and CEO.

    In addition, Ray Lane has moved from non-executive chairman to executive chairman of the board of directors, and the board intends to appoint a lead independent director promptly. These leadership appointments are effective immediately and follow the decision that Léo Apotheker step down as president and CEO and resign as a director of the company, the company reported.

  • Food associations get "Up Front" about nutrition

    WASHINGTON, D.C. — The Grocery Manufacturers Association and the Food Marketing Institute have launched a new consumer education campaign around the front-of-pack nutrition labeling system launched in January by the food and beverage industry.

    The Facts Up Front consumer education campaign will launch in early 2012, as consumers will see the new icons on a majority of products in the marketplace, the associations announced. The campaign will also be supported by a new website, www.factsupfront.org.

  • Kroger recognized for spending with Hispanic suppliers

    CINCINNATI — Kroger announced that it has become a member of the United States Hispanic Chamber of Commerce Million Dollar Club.

    According to Kroger, membership into the USHCC Million Dollar Club, is awarded to corporations who have spent between $25 million to over $500 million with Hispanic suppliers, in the previous year.

    This is Kroger's second consecutive year of qualifying for membership. The company was inducted in the $250 to $500 million annual expenditure category.

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