RECENT News

Retail News

Covering the latest news in the retail industry

Headlines

Marks & Spencer In RFID Success

The UK’s Marks & Spencer chain announced it is following up on the initial success of tests using radio frequency identification technology.

Music Sales Rebound

Sales of pre-recorded music grew in January as discounters lowered prices and consumers turned to legal downloads on Web sites such as Apple’s iTunes Music Store.

Home Depot Wins EPA Award

Home Depot announced it has been named the winner of the National Product Campaign Award from the U.S. Environmental Protection Agency (EPA) for its support of two national energy saving…

January Retail Sales Are Up

Cold weather is being credited for some higher than expected retail sales in January as consumers rushed out to buy clothes to keep them warm.

IRI Has New CEO

Scott Klein has been named as the new chief executive and president of Information Resources Inc. Mr. Klein was previously with EDS.

Colgate’s Profits Up

Colgate-Palmolive reported a nine percent increase in overall profits despite the company’s North American business profits being down 24 percent.

Big G Execs May Face Civil Litigation

The Securities and Exchange Commission (SEC) is likely to recommend civil action against the CEO and CFO of General Mills in connection with the company’s sales and accounting practices.

Rite Aid’s Same Store Sales Climb

Rite Aid reported an increase of same store sales of 7.2 percent for January. Pharmacy sales were up 7.4 percent and the front-end improved 7 percent.

KFC To Give Away Chicken

KFC in Thailand is giving away 50,000 pieces of chicken for free to boost the public’s confidence in the safety of its chicken in spite of the bird flu that…

Marshall Field’s Catalogs To Go Out Of Print

Marshall Field’s will cease publishing three of its catalogs, Field’s Direct, Signals and I Love A Deal, after they mail in the spring to focus on its online efforts.

Canadian Drug Service Gets FDA’s Attention

The Canada Drug Service in Englewood, Colorado is helping consumers obtain prescription medicines illegally according to state regulators that want the FDA to look into the matter.

Mouse Infestation Costs Tesco

An infestation of mice in a Tesco store in Cardiff, Wales resulted in a fine as the supermarket was charged with violation of Britain’s 1990 Food Safety Act.

Halliburton Holds Food Service Bill

Vice President Dick Cheney’s former company, Halliburton, is embroiled in another controversy surrounding its performance in Iraq. The company announced it would hold up billing for food services to troops…

Kroger and UFCW Reach Deal in Tenn.

Kroger and the United Food and Commercial Workers Union (UFCW) have reached agreement on a labor contract for 6,500 grocery store workers in Tenn. and Miss.

JCPenney To Increase Outsourcing To India

JCPenney is looking to triple the amount of apparel outsourcing it is currently doing to India from $200 million now to $600 million in the next three years.

PETA Wants KFC Boycott

People for the Ethical Treatment of Animals (PETA) has produced a commercial targeted to the African-American community asking for support in boycotting for the treatment of chicken before slaughter.

GMA Wants New Carb Content Claims

The Grocery Manufacturers of America (GMA) have asked the US Food and Drug Administration (FDA) to establish new regulations for carbohydrate nutrient content claims.

Tyson To Rid Food of Trans Fats

Tyson Foods announced it plans to eliminate trans fats from a number of its fully cooked retail products as well as school foodservice items.