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Consumer Affairs & Relations

  • Whole Foods Q1 income jumps 79%, same-store sales up 9.1%

    Austin, Texas -- Whole Foods Market’s first quarter net income surged 79% to $88.7 million, on an increase in customer visits and a rise in average transactions. The natural and organic foods grocer raised 2011 profit outlook on its strong results, which beat expectations.

  • The end is near, better join Sam’s Club

    Those who believe the world is on the brink of collapse may want to head over to Sam’s Club.com where the retailer is offering a one-year emergency food supply kit for $949. The manufacturer, Augason Farms, notes in the product description that large numbers of Americans all over the country are becoming more aware of their need of emergency food storage. The pitch continues, “storing food for your family is one of the most prudent actions you will ever take to protect your loved ones.

  • Key Talbots executive leaving

    Hingham, Mass. -- The Talbots said in a regulatory filing that key executive John Fiske is leaving the company.

    Fiske, 46, was named the chief stores officer of the company in March 2009 after serving as a human resources executive. He was part of a management team that was put in place to improve business results.

    Talbots has been struggling in its turnaround efforts. The company cut its guidance last month after a weak holiday shopping season. 

  • A New Yorker’s perspective on Walmart

    Crain’s New York Business this week reported on an interesting situation involving Walmart and the hype surrounding the company entry into the city. According to author Greg David, “as the opponents of Walmart continue their campaign to prevent the company from opening stores in New York, it remains a mystery how they intend to do that. David notes that the City Council has no power to intervene in leases signed at existing retail locations, and the company seems more determined than ever to take on the Big Apple.

  • Macy's raises $16.25 million through holiday campaigns

    NEW YORK -- Macy’s announced that it has donated $16.25 million to various charitable organizations as a result of its 2010 Thanks For Sharing and Believe holiday campaigns. 

  • Beverage industry makes commitment to calorie disclosure

    WASHINGTON -- The American Beverage Association announced that consumers across the United States will soon find new calorie labels on the front of their favorite beverages as part of an effort by America's leading non-alcoholic beverage companies bring the Clear on Calories initiative to stores. The beverage industry's voluntary commitment to make calories more visible and useful to consumers supports First Lady Michelle Obama's efforts to help families make informed choices as part of an active, healthy lifestyle, the association reported.

  • Hhgregg Q3 net income surges

    Indianapolis -- Appliance and electronics retailer Hhgregg reported Tuesday that net income for the quarter ended Dec. 31 rose 18.4% to $26.9 million, compared with $22.7 million in the year-ago period.

    Net sales increased 30.6% to $653.7 million. Same-stores dropped 6.2%.

  • Consumer credit increases for third straight month

    Washington, D.C. -- A report released Tuesday by the Federal Reserve said that U.S. consumer borrowing rose in December for a third consecutive month, led by the first increase in credit-card charges in more than two years as holiday sales improved.

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