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RetailROI launches database for retailers to donate overstocked goods to local charities
New York City -- The Retail Orphan Initiative (RetailROI) has launched an online charity locator to match up retailers looking to donate overstocked merchandise with local charities, thus receiving a potential tax deduction for items that were not going to be selling at a profit.
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Report: Group of grocers may have violated antitrust law
San Francisco -- A Bloomberg report on Tuesday said that three major grocery chains may have violated antitrust law by profit-sharing during a strike.
The U.S. Court of Appeals in San Francisco on Tuesday ruled that Safeway, Supervalu Inc.’s Albertson’s and Kroger Co.’s Ralph’s supermarket chains were not exempt from antitrust scrutiny, as a court last year overturned a lower-court ruling that the agreement, reached during a 2003 conflict with the companies’ unions, didn’t violate antitrust law.