In a move that, according to USA Today, disappointed both sides of the contentious issue, the Federal Reserve Board voted June 29 to soften a rule that will cap the fees banks charge retailers when consumers use debit cards.
Category: National
Posted in, National
Walmart Cutting Gas Prices
Wal-Mart Stores Inc. is cutting gas prices by 10 cents a gallon for three months. The Arkansas-based retailer is well aware that rising gas prices and other household costs are squeezing shoppers’ budgets, reporting at its annual shareholders meeting earlier this month that shoppers appear to be focusing on groceries and little else. To help […]
Posted in, National, Suppliers
Campbell Elects Denise Morrison President and CEO
Morrison will succeed Douglas R. Conant, 60, who will step down as president and CEO on July 31 after more than a decade in that role. Conant also will step down from Campbell’s board of directors at that time.
Posted in, National, New Products
Post Foods Intros New Pebbles Boulders
Post Foods LLC, the makers of the classic children’s cereal with the spirit of Bedrock, on June 22 revealed a new Pebbles limited-edition flavor, Boulders Stone Age Caramel Apple. Each serving of caramel boulders and apple dinosaur bones contains 16 grams of whole grains.
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Half the plate should be fruits and vegetables
Organizations across the country quickly applauded the USDA’s efforts for a healthier America, especially in the produce arena since the new icon calls for half the plate to be filled with fruits and vegetables. “The new MyPlate and accompanying messaging is a tipping point in how Americans literally visualize what they should eat,” said Tom […]
Posted in, Equipment & Technology, National
U.S. Retailers Lose More Than $37B a Year to Retail Theft
Retailers lost more than $37 billion to theft last year, according to an annual survey conducted by the University of Florida with a funding grant from security systems integrator ADT Commercial. The National Retail Security Survey (NRSS) preliminary results show an increase in theft by nearly $4 billion, from $33.5 billion in 2009 to $37.1 […]
Posted in, National
Dollar General Going Coast to Coast
Just after it announced it would open stores in three new states in 2011—Connecticut, Nevada and New Hampshire—Goodlettsville, Tenn.-based Dollar General Corp. announced its plans to open its first stores in California in 2012. The company had expanded out to Arizona and Colorado in recent years. “Our California stores will mark a significant milestone for […]
Posted in, National
Supreme Court Limits Wal-Mart Sex Bias Case
According to multiple reports, the Supreme Court has blocked a massive sex discrimination lawsuit against Wal-Mart on behalf of female employees. The justices all agreed that the lawsuit against Wal-Mart Stores Inc. could not proceed as a class action in its current form, reversing a decision by the 9th U.S. Circuit Court of Appeals in […]