Latest Retail Headlines
All the headlines from our Retail Topic Page, ordered by recency.
Reuters: Rite Aid Deployed China-Linked Facial Recognition in Poor Neighborhoods
Jul 30 2020 // Over about eight years, the American drugstore chain Rite Aid Corp quietly added facial recognition systems to 200 stores across the United States, in one of the largest rollouts of such technology among retailers in the...
South Africa Retailer Steinhoff Offers $1B to Settle Global Accounting Fraud Lawsuits
Jul 27 2020 // South Africa’s Steinhoff has proposed to pay around $1 billion to settle outstanding legal claims following a massive accounting fraud, a fraction of the over 9 billion euros ($10.5 billion) claimants are...
Everest Insurance Hires DeBlasi to Retail Property Group in New York
Jul 21 2020 // Everest Insurance has hired Dean DeBlasi to its Retail Property group as vice president and East region manager. In this role, he will be responsible for overseeing the retail property portfolio and developing and...
Walmart in New Mexico Ordered to Close After 4 Workers Test Positive
Jul 13 2020 // New Mexico work safety regulators Saturday ordered Walmart to close a store in Las Cruces, after four employees tested positive for COVID-19 in the past three weeks, the New Mexico Environment Department said. A...
UK Supreme Court to Consider Landmark Equal-Pay Case Against Walmart’s Asda
Jul 13 2020 // A long-awaited equal pay lawsuit at the U.K. Supreme Court could see thousands of mostly female workers obtain better wages from the largest supermarkets and end up costing the chains as much as 8 billion pounds ($10.1...
Losses From Civil Protests May Cause Insurers to Rethink Property Coverage
Jul 8 2020 // The civil disturbance that started in Minneapolis after the killing by police of George Floyd spread to 20 other states, leading to an unprecedented property insurance catastrophe. The experience will likely impact policy...
Online Used Car Retailer Shift Talking Merger With Insurance Acquisition
Jun 22 2020 // Shift Technologies Inc., an online retailer for used cars, is in talks to merge with blank-check company Insurance Acquisition Corp., according to people familiar with the matter. The companies could announce a transaction...
Car Crashes into Closed Pennsylvania Convenience Store
May 19 2020 // A car slammed into a convenience store in western Pennsylvania, killing one woman and injuring two others, authorities said. The car was traveling down Dwellington Drive in Middlesex Township when it crashed into a closed...
California Retailer Sues Travelers for Denied COVID-19 Business Interruption Claims
May 12 2020 // San Francisco-based children’s clothing boutique Mudpie Inc. has filed a class action lawsuit on behalf of California-based retail stores against an insurance provider, saying the small businesses were wrongfully...
Florida to Allow Limited Reopening for Restaurants, Retail Stores
May 1 2020 // Florida’s restaurants and retail stores will be allowed to reopen Monday at 25% capacity, if the local government allows it, Gov. Ron DeSantis announced Wednesday, as the state begins the slow climb from the economic...
Alabama to Re-Open Retail Stores, Beaches on Thursday
Apr 29 2020 // Alabama Gov. Kay Ivey on Tuesday said that retail stores, beaches and non-emergency medical procedures can resume, with limits, later this week as she announced a loosening of state restrictions because of the coronavirus...
Warehouse Workers Risk COVID-19 Shipping Knick-Knacks, Luxury Goods
Apr 14 2020 // As U.S. authorities ordered shutdowns of non-essential businesses to fight coronavirus, retailer Nordstrom Inc. closed hundreds of stores and gave in-store workers three weeks’ pay, calling their safety its top...
Estate of Walmart Employee Who Died From COVID-19 Sues for Wrongful Death
Apr 8 2020 // The family of a Walmart Inc. employee in Illinois who died after contracting COVID-19, the illness caused by the novel coronavirus, has filed a lawsuit accusing the retail giant of failing to adequately screen and protect...
For Workers’ Safety, Walmart Stocks Up on Masks, Gloves; Initiates One-Way Aisles
Apr 1 2020 // Walmart Inc. will provide masks and gloves for its workers and take their temperature before shifts, the latest moves by the nation’s biggest private employer to ensure the safety concerns of its front-line...
Cannabis Power Brokers Tackle Five Pressing Insurance Questions
Feb 27 2020 // The cannabis business is a frontier industry that continues to offer no shortage of unique challenges to regulators, as well as boundless questions for industry watchers and ancillary businesses like insurance. Key...
How Data-Dependent Federal Reserve Is Growing to Like Private Company Big Data
Feb 10 2020 // About a year ago, Federal Reserve officials were nervous. Markets were cratering. Fear about a trade war was rising. The officials needed to know if the turmoil was chilling consumer spending. Problem was, a partial...
P. Barrett Brown Named President of Brown & Brown Retail Business
Jan 14 2020 // Insurance broker Brown & Brown announced the appointment of P. Barrett Brown as an executive vice president and president of the company’s retail business. Most recently, Brown served as a senior vice president...
More Injuries Among Retail Workers in Texas Compared to Other Industries
Jan 13 2020 // The Texas Department of Insurance reported that according to federal Bureau of Labor Statistics (BLS) data there are more workers in shopping malls and retail outlets that get sick and injured than in any other private...
Number of Retail Worker Injuries in Texas Higher Than Those in Other Industries
Jan 3 2020 // The Texas Department of Insurance reported that federal Bureau of Labor Statistics (BLS) data shows there are more workers in shopping malls and retail outlets that get sick and injured than in any other private industry...
Mexicans Sue Walmart Over Deadly Texas Shooting
Nov 21 2019 // Ten Mexican citizens have sued Walmart over the shooting at a store in the U.S. border town of El Paso, Texas, that killed eight Mexicans and left eight more injured, saying that Walmart did not do enough to protect its...
