Latest Retail Headlines
All the headlines from our Retail Topic Page, ordered by recency.
Charman Promoted to CEO, Sompo Holdings Overseas Insurance; Frudd Named Int’l CEO
Dec 19 2018 // Sompo International Holdings Ltd., a Bermuda-based specialty provider of property and casualty insurance and reinsurance, announced that John Charman, currently chairman of the board of directors and chief executive...
Toy Wars: Lego Sues to Halt Sales of Zuru ‘Copycat’ Figurines at Walmart
Dec 14 2018 // Lego A/S wants to make sure any plastic toy figurine unwrapped in an American home during the holidays isn’t what the toymaker calls a copycat of its own products. The Danish toymaker is asking a federal judge in...
Patrick Ryan Hails Program Business Amid Retail Consolidation, Moves Toward MGAs
Nov 8 2018 // Target Markets Program Administrator Association Industry Keynote Speaker Patrick G. Ryan, founder, chairman and CEO, Ryan Specialty Group, addressed attendees at the group’s 18th Annual Summit on Oct. 22., in...
U.S. Lawsuit Accuses Walmart of Bias Against Pregnant Employees
Nov 5 2018 // Walmart is again being accused of violating federal law by failing to accommodate workers’ pregnancy-related medical restrictions. According to a lawsuit that was brought by the federal Equal Employment Opportunity...
Walmart Paying $65M to Settle California Suit Over Seating For Cashiers
Oct 12 2018 // Walmart Inc. has agreed to pay $65 million to nearly 100,000 current and former cashiers in California who accused the retailer of violating state law by refusing to provide them with seating while they worked. Walmart...
Oregon Department Store Sued over Camera Pointed at Dressing Room
Oct 11 2018 // A Fred Meyer customer in Clackamas, Ore. who says she was caught on store video while half-naked in a dressing room has filed a $300,000 lawsuit. The Oregonian/OregonLive reported Carlee Gish filed the lawsuit against the...
How New Business Is Creating a New Wholesaler-Retailer Relationship
Oct 2 2018 // An influx of new business is presenting surplus lines wholesalers and their retail partners with new opportunities to work together even as other forces are changing how they work together. The surplus lines insurance...
Walmart Ready to Mandate Blockchain for Certain Food Suppliers
Sep 27 2018 // After several years of tests, Walmart Inc. is ready to mandate use of blockchain technology by a swath of its U.S. suppliers, marking one of its biggest commercial uses. Starting in September 2019, Walmart and its...
U.S. Lawsuit Accuses Walmart of Bias Against Pregnant Employees
Sep 24 2018 // Walmart is again being accused of violating federal law by failing to accommodate workers’ pregnancy-related medical restrictions. According to a lawsuit brought by the federal Equal Employment Opportunity Commission...
Managing the Retail Agent’s Risk in Surplus Lines
Sep 17 2018 // While it is common for retail agents to turn to E&S wholesalers for help, there are several reasons they should carefully consider which wholesalerto call upon and how they submit business, according to Bobbie Duke,...
How New Business Is Creating a New Wholesaler-Retailer Relationship
Sep 17 2018 // An influx of new business is presenting surplus lines wholesalers and their retail partners with new opportunities to work together even as other forces are changing how they work together. The surplus lines insurance...
New Specialty Offering from HUB Targets Cannabis Producers, Distributors, Retailers
Aug 16 2018 // Global insurance brokerage Hub International Limited (HUB) has formed a comprehensive cannabis insurance and risk services offering under its Agribusiness & Farm Specialty Practice. The new offering is designed to...
Canada Delays Sales of Recreational Cannabis in Retail Stores as Legalization Looms
Aug 14 2018 // Canada’s largest province is delaying the launch of private marijuana sales in bricks-and-mortar stores until April 2019, nearly six months after the drug is legalized for recreational use. Ontario’s...
UK Retailer Dixons Carphone Reveals 2017 Cyber Attack Hit 10 Million Data Records
Jul 31 2018 // British electricals and mobile phone retailer Dixons Carphone said on Tuesday that about 10 million records containing personal data of customers may have been obtained in a cyber attack in 2017, much higher than its...
UK Retailer Debenhams Denies Cash Crunch From Cut in Suppliers’ Credit Insurance
Jul 16 2018 // British department store retailer Debenhams said it had a healthy cash position after a media report on Sunday saying insurers had cut cover for its suppliers sent its shares lower. Shares in Debenhams fell as much as 8...
California Marijuana Retailers Cut Prices Ahead of New Testing Rules
Jun 28 2018 // Bargain basement bud is on the menu in California, but you need to act fast to cash in on the cheap weed. Regulations being phased in six months after the state broadly legalized marijuana require that pot sold after...
Texas Insurance Wholesalers Find Strength in Independence, Relationships
Jun 15 2018 // There’s no denying the robust mergers and acquisition trend among wholesale brokers in the property/casualty insurance industry nationwide, and Texas is no exception. But some Texas wholesale brokers and managing...
Massive Cyber Attack of UK Retailer Dixons Carphone Prompts Data Watchdog Probe
Jun 15 2018 // The U.K.’s data-protection watchdog said it’s investigating a cyber attack at Dixons Carphone Plc that affected almost 6 million payment cards. The retailer, already struggling with a slowing mobile-phone...
UK Electronic Retailer Dixons Carphone Hit by Major Cyber Attack
Jun 13 2018 // British mobile phone and electricals retailer Dixons Carphone has become the victim of a major cyber attack for the second time in three years after discovering unauthorized access to its payment card data. Shares in...
Wal-Mart Settles Transgender Employee’s Claim Over Firing
Jun 7 2018 // Wal-Mart Stores Inc. on Wednesday settled a lawsuit by a transgender former employee in North Carolina who accused the retail giant of unlawfully firing her for complaining about harassment. Arkansas-based Wal-Mart and the...
