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Corporate Responsibility

  • The email heard 'round the world

    Walmart CEO Doug McMillon said he was reluctant to hit send on an email inviting CEOs from top global companies to attend the retailer’s Sustainable Product Expo because he knows how busy everyone is. However, when an email from the top executive from the world’s largest company offers an opportunity to “be part of what’s next,” it’s not surprising so many CEOs found time to visit Northwest Arkansas this week.
     

  • Supply Chain Responsibility

    Devastating sourcing and supply chain disasters, including the Bangladesh factory collapse in April 2013, have increased the push for retailers and other businesses to implement sustainable and responsible practices across the global supply chain. Tamara Saucier, VP industry – retail solutions, GT Nexus, discussed the topic, and proactive measures retailers can take, with Chain Store Age.

    What can retailers be doing to ensure ethical and sustainable supply chain practices?

  • Increasing federal minimum wage suffers setback

    An effort to raise the federal minimum wage to $10.10 failed on Wednesday, as the issue was not able to clear a procedural vote in the Senate. Senators predominantly voted across party lines, which places Democratic senators in favor and Republican senators opposed.

    According to published reports, while the defeat was expected it is serving as a rallying cry for Democrats preparing their next campaign.

  • White House calls for new standards on data breaches

    New York -- The White House on Thursday called on Congress to pass legislation to create a national standard that would alert consumers when their data has been hacked. It one-of-six policy recommendations that comes after a 90-day review of data and privacy.

    "As organizations store more information about individuals, Americans have a right to know if that information has been stolen or otherwise improperly exposed," said the report, led by John Podesta, a top advisor to President Barack Obama.

  • Closing the loop on a lost opportunity

    Walmart may not operate stores in New York but it managed to enlist the aid of the city’s top trash executive to reinforce the importance of accelerating recycling efforts.

  • REI members elect two new directors

    REI's members recently elected two new directors to represent their interests on the co-op's board of directors. The national outdoor gear and apparel retailer held its annual members' meeting on April 28 at its iconic flagship store in downtown Seattle, where the voting results were announced.

    Co-op members elected Karen E. (Kari) Glover and Sharon Philpott to three-year terms and re-elected Cheryl Scott to a three-year term. Earlier in the year, the REI board re-appointed Chloe Harford and Matt Compton to one-year terms.

  • Whole Foods to open first Fort Worth, Texas, store

    Fort Worth, Texas — Whole Foods Market has leased a 45,000-sq.-ft. location in Waterside, the new 63-acre master-planned, mixed-use property being developed by Trademark Property Co. Slated to open in the spring of 2016, it will be Whole Foods first grocery in Fort Worth.

    Located on the Trinity River, Waterside will offer retail, restaurants, office, hotel and residential uses in a walk-able setting that will include a new extension of the Trinity Trail.

  • Study: Corporate data breaches damage sales

    San Francisco - Consumers avoid doing business with a breached organization at a high rate. According to a new study conducted by Javelin Strategy & Research and commissioned by data management solution provider, Identity Finder, 33% of customers will shop elsewhere if their retailer of choice is breached.

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