Legislative, Regulatory & Legal

President Barack Obama announced his intent to nominate Giant Eagle executive chairman David Shapira to the role of governor for the board of governors of the United States Postal Service.
 

Campbell Soup Company has designated Brandywine Realty Trust as the developer of the mixed use development for Camden’s Gateway District. Campbell, the State of New Jersey, the County and City of Camden announced plans to develop the area adjacent to the company’s world headquarters in February 2007 with Campbell designated as the master redeveloper of the project.

The 13 acres earmarked for development are located off Newton Ave., between Admiral Wilson Blvd. and 11th Street.

Retailers have had a tough year when it comes to advertising prices. In January, a California court issued a multimillion dollar penalty against Overstock.com, after determining that the company advertised discounts in a misleading manner. Since then, retailers across a range of industries have been dragged into costly lawsuits and regulatory investigations involving similar issues. If you’re wondering how something as mundane as advertising the price of an item could lead to so much trouble it’s because the issue is more complicated than most people think.

PepsiCo has appointed Tony West EVP of government affairs, general counsel and corporate secretary, effective Nov. 24. He succeeds Larry Thompson, who is retiring after almost a decade of service.

New York -- The U.S. Supreme Court has agreed to consider whether a Muslim woman who was denied a job at an Abercrombie & Fitch Co. store because she wears a head scarf was required to specifically request a religious accommodation at the time of her job interview.

The court agreed to hear an appeal filed in the case by the U.S. Equal Employment Opportunity Commission, the federal agency that sued the retailer on behalf of Samantha Elauf, who was denied a sales job at an Abercrombie Kids store in Tulsa, Oklahoma, back in 2008.

Just a couple of days after elevating Ray Cotton to SVP, chief compliance and sustainability officer, Lumber Liquidators has launched a new section of its website dedicated to sustainability.

The original content is rooted in the company's "Lay It Forward" business strategy, which according to the company, centers on the long-term benefits of quality hardwood flooring, protecting the environment and supporting the communities it serves.

Goodlettsville, Tenn. - Dollar General Corporation has extended its tender offer to acquire all outstanding shares of Family Dollar Stores Inc. for $80 per share, or about $9.1 billion, to Oct. 31. The offer was previously set to expire on Oct. 8. All other terms and conditions of the tender offer remain unchanged.

The step, which is largely procedural step, came as Family Dollar remained committed to its previously- agreed-upon deal with Dollar Tree for $74.50 a share.

Was he or wasn’t he? Unfortunately for Walmart, a legitimate question about whether comedian Tracy Morgan and his entourage were wearing seatbelts the night their limousine was rear-ended by a Walmart truck has made a bad situation worse for the retailer.