News

Dallas -- Zale Corp. announced Friday that it has been cleared by the Securities and Exchange Commission in its investigation and that the SEC will not take any action against the company.

The SEC began investigating the jeweler in October 2009 after it restated its 2008 and 2009 earnings. The company said at the time that a financial audit had uncovered internal control and accounting issues related to advertising costs, income taxes and internal company payments, among other things.

When it comes to speed and accuracy, helpfulness and courtesy, knowledge and personal service, the pharmacy at Walmart ranked dead last in a survey of Consumers Reports subscribers that appears in the May issue of the publication.

FRAMINGHAM, Mass. --Staples announced that it will be selling Barnes & Noble's Nook Color tablet e-reader, making it the first office superstore to offer the device. The Nook will be available at Staples stores nationwide and at Staples.com for $249, beginning May 1.

By John Bajorek, [email protected]

FORT WORTH, Texas -- RadioShack announced that it is giving customers the chance to win the new eco-friendly Nissan Leaf simply by trading in their used electronics devices.

From April 17 to 23, customers can bring in eligible working products and accessories into any participating RadioShack store and enter to win a Nissan LEAF, the only 100% electric, zero-emissions vehicle available in the mass market. 

Dallas -- Finance solution-provider Trintech announced that international food retailer Delhaize Group has implemented its AssureNET GL software for financial process compliance.

AssureNET GL is a component of Trintech's Unity platform, a suite of modular software that empowers companies to automate their Last Mile of Finance to increase efficiency, improve visibility, shorten cycle times, lower costs, and reduce risk.

MONTVALE, N.J. — A&P continues to implement its turnaround strategy with the announcement that it is filing a motion seeking court approval of bidding procedures to market and sell 25 Superfresh stores in two Southern states and the District of Columbia.

A&P, which filed for bankruptcy in December 2010, earlier this year revealed plans to shutter 32 stores in six states and bolstered its merchandising and marketing team with the appointment of six new executives.

Washington, D.C. -- The U.S. Equal Employment Opportunity Commission disclosed Thursday that the Sam’s Club warehouse division of Wal-Mart Stores will pay $440,000 and other relief to settle a harassment lawsuit filed by the EEOC.
 
The agency disclosed the settlement in a statement on its website.