News

AUSTIN — While 46% of consumers are more inclined to purchase a product if it is eco-friendly, nearly 60% are unwilling to pay more money for that eco-friendly product or service, according to new research.

By Vivek Venugopalan, Blog.wipro.com/tag/vivekv

Much was made this week of the nomination of Google executive Marissa Mayer to the Walmart board and for good reason. She will add a new layer of depth and expertise to Walmart’s board, but she won’t be the only digital darling on the board.

ST. PETERSBURG, Fla. — HSN has named Anne Martin-Vachon chief merchandising officer, effective May 14. Martin-Vachon will oversee HSN's merchandising and planning teams and report directly to Mindy Grossman, CEO of HSNi.

Sam’s Club next week is set to hold the first of three unique supplier fairs designed to improve sourcing from women and minority owned firms.

The event is scheduled for April 25 from 7:30 a.m. to 6 p.m. and is designed to provide education on the Sam’s Club merchandising strategy, engage potential suppliers, strengthen relationships with diverse suppliers and identify product offerings relevant to the members that Sam’s Club serves.

Ventura, Calif. -- A Ventura, Calif., judge on Wednesday approved a settlement that forces CVS Caremark Corp. to pay $13.75 million to settle California claims that it illegally disposed of hazardous waste at California stores.

CVS came under investigation in 2010 after allegations were made that the drugstore chain had mishandled medical, pharmaceutical and photographic waste at California stores over a seven-year period.

LONDON — The break-even forecast for the U.S. division of Tesco has been pushed back to early next year, the U.K. retail giant announced in its fiscal-year results.

Target and other retailers have fought unsuccessfully for years to level the e-commerce playing field in the United States by requiring Amazon.com and other online-only merchants to collect sales tax. Doing so would eliminate the Internet-pure-play retailers’ most significant competitive advantage, and for a glimpse of just how significant look no further than Canada.