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Kroger ends joint venture with Tesco’s Dunnhumby, starts customer data subsidiary
Cincinnati -- Kroger said Monday that it has ended a 12-year joint venture with British consumer data company Dunnhumby and launched its own customer data subsidiary.
The new subsidiary will help Kroger set prices in stores and decide which shoppers get certain coupons. The ending of the joint venture comes after Dunnhumby's parent company, Tesco PLC, said it was seeking strategic options for Dunnhumby.
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Retailers doing good: Ann Inc. donates millions to cancer research; Whole Foods fights against poverty
New York -- High-profile retailers can make a high-impact difference when they use their clout to do good.
Case in point: Ann Inc., parent to Ann Taylor and Loft, donated more than $4.3 million to the Breast Cancer Research Foundation to fund groundbreaking cancer research. The brands parlayed successes from the 2014 spring and fall campaigns and have brought the company's total corporate donation to $22.3 million in the past 10 years.