Corporate Responsibility

Bentonville, Ark. -- Walmart and the attorney for comedian/actor Tracy Morgan have reached a settlement agreement, ending a civil lawsuit related to a crash on the New Jersey Turnpike last June. The terms and conditions of the settlement with Morgan and the other plaintiffs remain confidential.

Walmart and the attorney for comedian Tracy Morgan reached a confidential settlement agreement of a lawsuit stemming from an accident involving a Walmart truck and the vehicle in which Morgan was riding.

Walmart and Benedict P. Morelli, attorney for Tracy Morgan, Ardley Fuqua, and Jeffrey Millea reached a settlement agreement ending the lawsuit against Walmart that arose from a multi-vehicle accident involving the men on June 7, 2014, on the New Jersey Turnpike.

Atlanta -- Arby’s Restaurant Group, franchisor of the Arby’s brand, announced that it has reached an 11%  total energy reduction per company-owned restaurant since 2011, paving the way to a goal of 15% energy reduction by the end of 2015. This follows a 2014 reported reduction of 3.3% in average year-over-year energy consumption per company-owned restaurant.

Shoppers like spending money with Dick’s Sporting Goods and the companies that transport goods to its stores and distribution centers think the retailer is pretty special too.

Chico's CEO David Dyer, who laid "the foundation for global expansion," will retire next spring, the company announced.

Chicago – Real estate investment trusts (REITs), which represent a sizable share of retail real estate activity, are worried about possible increases in interest rates. According to a report by consulting firm BDO USA LLP, 97% of REITs mention risks related to increases in interest rates and hedging.    This is up from 90% in 2014 and 88% in 2013, according to the 2015 BDO RiskFactor Report for REITs, which analyzes the most recent SEC 10-K filings for the 100 largest publicly traded REITs in the U.S.

Walmart is more than doubling the number of veterans it plans to hire by the year 2020.

A legal veteran of Abercrombie & Fitch and Harvard Law grad has been named general counsel for Big Lots.

Ronald "Rocky" Robins Jr. becomes SVP general counsel and corporate secretary at Big Lots. Robins will be a member of the executive leadership team of the company and report directly to David Campisi, CEO and president.