Latest Retail Headlines
All the headlines from our Retail Topic Page, ordered by recency.
States’ Rules Complicate Efforts to Enact Uniform Data Security Law
Feb 12 2014 // Data thefts at U.S. retailers have rekindled enthusiasm in Congress for a single federal law on how customers should be notified about such breaches, but those efforts face the same roadblock as in the past: dozens of...
Credit Card Breach Update: Neiman Marcus Investigated; Target Sued by Bank
Jan 15 2014 // Neiman Marcus Group Ltd. is being investigated by states including Connecticut and Illinois over the theft of customer credit-card data by hackers, and a bank sued Target Corp. for its data breach during the holiday...
Happy Holidays: Target’s Message May Put Scare Into Firms Without Cyber Coverage
Dec 20 2013 // Target Corp.’s data breach headache may be an opportunity for insurance carriers, insurance agents, risk managers and businesses to spread the word about cyber risk – although the message is bit of a scary one. The...
Target Credit Card Breach a Reminder U.S. Lags in Personal Data Security
Dec 20 2013 // The security breach of credit and debit card data at Target Corp. is evidence of the increasing threats retailers face and a reminder that the U.S. lags behind much of the world in securing personal financial...
Tennessee High Court Allows Parking Lot Claim Against Wal-Mart
Dec 20 2013 // The Tennessee Supreme Court has ruled that a woman injured in a Wal-Mart parking lot in Red Bank can proceed with her negligence lawsuit against the store. Jolyn Cullum filed the case after she was injured when a car...
Wal-Mart Heiress Gets Texas DWI Arrest Expunged
Dec 6 2013 // Alice Walton, the billionaire daughter of Wal-Mart Stores Inc. founder Sam Walton, has had a 2011 arrest in Texas for suspected drunken driving cleared from her record after prosecutors declined to press formal...
Retailers Step Up Security as ‘Rambunctious’ Holiday Shopping Begins
Dec 1 2013 // With an estimated 140 million Americans predicted to shop this weekend, retailers are bolstering security, deploying Segway patrols and putting on live music to distract shoppers and avoid the deal-hunting scrums that can...
SEC Proposes Fiduciary Duty for Investment Brokers Advising Retail Clients
Nov 22 2013 // Investment brokers advising retail customers should be held to a standard that requires them to recommend products that are in the best interest of clients, according to a proposal from a group advising U.S....
Wal-Mart Driver Honored for 4M Accident-Free Miles
Sep 24 2013 // Somewhere out west in recent days, cross-country truck driver Warren Greeno passed the 4-million-mile mark without an accident. Arkansas-based Wal-Mart celebrated the achievement on Sept. 21 and Greeno didn’t have to...
Wyoming Man Refiles Wrongful Death Lawsuit Against Walmart
Sep 23 2013 // A man suing a Sheridan, Wyo. Walmart, claiming his wife died after she ate a contaminated cantaloupe purchased at the store, has refiled his lawsuit in federal court. Attorney Nicholas Murdoch, representing Frederick M....
Wyoming Man Refiles Wrongful Death Lawsuit Against Walmart
Sep 11 2013 // A man suing a Sheridan, Wyo. Walmart, claiming his wife died after she ate a contaminated cantaloupe purchased at the store, has refiled his lawsuit in federal court. Attorney Nicholas Murdoch, representing Frederick M....
Compensation Talks Start in Geneva for Bangladesh Factory Victims
Sep 11 2013 // Representatives of retailers, labor unions and non-governmental organizations began meeting today in Geneva to discuss compensation for those killed or injured in two factory disasters in Bangladesh. Today’s talks...
Insurance Coverage for Discounting the Price of Goods for Sale?
Sep 9 2013 // Modern commercial general liability (CGL) policies provide coverage for personal and advertising injury. This type of coverage is discussed extensively in Practical Tools for Handling Insurance Cases, §§ 13.32-13:53...
Wal-Mart Says It Could Loan $50M to Bangladesh Factories for Workplace Safety
Aug 30 2013 // Wal-Mart Stores Inc. told investors on Thursday that it could provide up to $50 million in low-interest loans or other types of payments to Bangladesh factory owners for building improvements. The money is part of the more...
Wal-Mart Will Offer Health Insurance to U.S. Employees’ Domestic Partners
Aug 28 2013 // Wal-Mart Stores Inc. said on Tuesday it will offer health insurance benefits to domestic partners of its U.S. employees starting next year, following the lead of other major companies. The world’s largest retailer,...
States Weakening Commercial Host Liability Laws to Protect Retailers
Aug 19 2013 // A new report says that in recent years many states have enacted legislation to protect retailers from commercial host liability by increasing the evidentiary requirements, limiting the amount of liability awards and/or...
Arthur J. Gallagher Acquires Broker Bollinger
Aug 13 2013 // Insurance broker Arthur J. Gallagher & Co. has acquired insurance broker Bollinger Inc., headquartered in Short Hills, New Jersey, for approximately $276.5 million. Bollinger’s business includes retail...
Wal-Mart Workers in California Denied Class Action Status in Gender Bias Case
Aug 6 2013 // Women workers at Wal-Mart Stores Inc. in California suing for gender discrimination can’t pursue their claims against the retailer as a group because the evidence didn’t show they had enough in common, a judge...
Relationships, Expertise Drive Successful Partnerships in E&S Marketplace
Aug 5 2013 // During the past 20 to 30 years typical business dealings between wholesale insurance brokers and retail agents have evolved from being purely transactional experiences to those that are highly dependent upon relationships...
Man Sues Wyoming Walmart For Wrongful Death
Jul 30 2013 // A man who says his wife died after she ate a contaminated cantaloupe purchased at a Sheridan, Wyo. Walmart is suing the retailer. The Sheridan Press reported Frederick M. Lollar filed the wrongful death lawsuit in Laramie...
