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Consumer Affairs & Relations

  • Top 10 cities for organized retail crime

    Washington, D.C.  -- Atlanta, Chicago and Dallas were identified as the cities most problematic with regard to organized retail crime (ORC) rings, according to the National Retail Federation’s seventh annual Organized Retail Crime survey. Of the 129 retail companies, 94.5% reported having been the victim of organized retail crime in the past 12 months, up 6% over last year.

    The cities most problematic for ORC rings were:

  • A new wild card in the warehouse club space

    Sam’s is enjoying some solid momentum these days, but a potential buyout of BJ’s Wholesale Club announced Friday morning could create some competitive issues in market where the companies operations overlap.

    Of course, that assumes the private equity firms Leonard Green & Partners and CVC Capital Partners, the companies who have joined forces to take BJ’s private, are interested in growing the business and investing in operations as opposed to simply squeezing the 190 unit retailer for cash.

  • Chicago mayor meets with retailers about food ‘deserts’

    New York City -- Chicago Mayor Rahm Emanuel met with executives from six grocery chains, including Walgreen Co. Wal-Mart Stores and Aldi about eliminating food “deserts” in six Chicago neighborhoods, the Associated Press reported.

    Emanuel showed a detailed map of Chicago food deserts and made business cases to the grocery executives for specific properties in each food desert area. He said 450,000 Chicagoan's don't have access to fresh food.

  • Profits soar at Pier 1

    FORT WORTH, Texas — Pier 1 Imports reported a comparable-store sales increase of 10.2% and net income of $14.1 million, or 12 cents per share, for the first quarter, as it continues to implement its three-year growth plan. For the prior year first quarter, the company reported net income of $7.7 million, or 7 cents per share.

  • Search is on for new Collective Brands CEO

    TOPEKA, Kan. — Matthew Rubel is stepping down as CEO of Collective Brands, the company announced Thursday. Rubel will also give up his role as chairman of the board and as a director for the company. Michael Massey has been named the interim CEO and Scott Olivet has been named the company's non-executive chairman.

  • Cheesewright to educate investors in Canada

    Walmart Canada president and CEO David Cheesewright is scheduled to speak next week at the Jefferies 2011 Global Consumer Conference near Boston. Walmart doesn’t typically push country presidents on stage at investor conferences except at its own analysts’ meetings when it has hosted events overseas in such places as China earlier this year or prior years in Brazil and the United Kingdom. However there are some interesting things going on in Canada these days, and the Jefferies event is an opportunity for Walmart to showcase some of its management talent.

  • Men's Wearhouse names new CEO

    HOUSTON — Men's Wearhouse has named Douglas Ewert president and CEO of the company, succeeding George Zimmer.

    As previously announced, Zimmer will continue as executive chairman of the board of directors.

    Zimmer stated, "I am excited to turn over the day-to-day reins of Men's Wearhouse to Doug. I know he has the same passion for this company and its people as I do. With him leading our efforts, we will continue to provide the highest level of service to our customers and our unique culture will thrive."  

  • Collective Brands CEO resigns

    Topeka, Kan. -- Collective Brands, parent to the Payless ShoeSource and StrideRite brands, announced Wednesday that its chairman and CEO Matthew E. Rubel has resigned, effective immediately.

    Rubel said in a release that he is leaving to pursue “a new chapter” in his career, and the company has offered no additional explanation.

    Collective Brands said it is searching for a permanent replacement.

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