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Corporate Responsibility

  • Lumber Liquidators posts Q2 loss; may face formaldehyde action

    Toano, Va. – Legal and regulatory costs, as well as costs related to payroll, severance and commissions, contributed to a surprise net loss during the second quarter of fiscal 2015 at Lumber Liquidators. The struggling retailer also informed financial regulators that it may face legal action stemming from the sale of Chinese hardwood flooring that allegedly contained excessive levels of formaldehyde.

  • Patagonia charts new territory with denim disruption

    Outdoor wear retailer Patagonia is trying to revolutionize the way denim is manufactured, sold and worn with a new collection.

    Patagonia's new denim collection is made with environmentally friendly dye, Fair Trade Certified sewing practices, and 100% organic cotton grown without pesticides, herbicides, or synthetic fertilizers.

  • 'Whole Foods for pets' expands in Chicagoland

    Fast-growing Kriser's Natural Pet store is expanding in the Chicago area as the retailer looks to leverage what has become a $58 billion industry.

    Kriser's is bringing the natural pet movement to the west suburbs of Chicago with a grand opening in Naperville on Aug. 15-16, at 8 W. Gartner Rd., in the Naperville Plaza, across from Trader Joe's. A second grand opening will take place in Northbrook on Aug. 29-30, at the new North Shore 770 mixed-use complex, at 780 Skokie Blvd. alongside the new Mariano's.

  • Kroger gives military family an incredible gift

    Kroger and Eckrich came together with a special guest this week to honor -- and surprise -- a U.S. veteran.

    The retailer and Eckrich hosted NASCAR driver Aric Almirola at Kroger headquarters to give medically retired Army Specialist John Dietz and his family one year of free groceries at Kroger.

  • Lumber Liquidators is hammered again

    The CEO of Lumber Liquidators Holdings Inc. pledged to get the company back on track after a flooring scandal led to another decline in revenue for the company.

  • Target to rebrand its newer format stores

    Minneapolis -- Target wants to keep things simple.

    The retailer, which has been moving to simplify its operations, is now taking a similar approach to its store identity. Starting in October, Target will begin the process of rebranding all of its CityTarget and TargetExpress stores as “Target.”

  • Rue21 helps deliver clothes and a message to girls

    Rue21 inc. is launching an unconventional philanthropy initiative designed to resonate with the retailer's target market.

  • Howard Schultz for President?

    New York -- Friends of Howard Schultz, the outspoken and politically progressive founder and CEO of Starbucks, are urging him to enter the Democratic race for President, according to a report by Fortune.

    To read the full story, click here.
     

  • Office Depot recognized for business product quality

    Boca Raton, Fla. - Office Depot, Inc. has been recognized for outstanding product quality and service by privately-held home builder David Weekley Homes.

    This marks the 10th consecutive year that Office Depot has received the “A,A Partners of Choice” award given this year to 15 of David Weekley Homes’ suppliers.

  • Starbucks to open stores in lower-income urban areas, including Ferguson

    Seattle -- Starbucks Corp. is making good on its pledge to spur job growth among “opportunity youth,” or young people aged 16 to 24 who don’t have jobs and aren’t in school.

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