Latest Retail Headlines
All the headlines from our Retail Topic Page, ordered by recency.
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...
Some Texas Insurance Wholesalers Find Strength in Independence
Jun 4 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...
Rampant Brazil Cargo Theft Disrupts Retail, Drives Up Insurance Rates
May 31 2018 // In a bunker-like room in a gritty suburb of Sao Paulo, retired police colonel Antonio Marin and a dozen employees track the location of hundreds of cargo trucks on a bank of monitors. During his 34 years in Sao Paulo...
Idaho Supreme Court Sends Slip-and-Fall Suit Against Walmart Back to Lower Court
May 7 2018 // The Idaho Supreme Court has ruled that a lower court must once again review a slip-and-fall lawsuit against Walmart. Diane Brooks sued the retail giant for negligence in November 2014 after slipping and falling in a puddle...
Idaho Supreme Court Sends Slip-And-Fall Suit Against Walmart Back to Lower Court
Apr 25 2018 // The Idaho Supreme Court has ruled that a lower court must once again review a slip-and-fall lawsuit against Walmart. The Idaho Statesman reported Diane Brooks sued the retail giant for negligence in November 2014 after...
Marijuana Regulators in California Send Cease Order to Nearly 1K Businesses
Apr 11 2018 // Nearly 1,000 individual cannabis businesses have been sent cease-and-desist letters or emails by California regulators during an ongoing enforcement process, a first step in a long effort to ensure the state’s...
Sompo Int’l to Form Retail Insurance Platform to Integrate International Businesses
Apr 10 2018 // Sompo International Holdings Ltd., a Bermuda-based specialty provider of property and casualty re/insurance, announced it will establish a retail platform designed to integrate all the operations of Sompo Holdings Inc....
BB&T Insurance to Acquire Regions Insurance Group
Apr 6 2018 // BB&T Insurance Holdings, which is owned by financial services firm BB&T Corp., has agreed to acquire another bank-owned insurance broker, Regions Insurance Group, from Regions Financial Corp. No terms were...
Walmart Talking with Health Insurer Humana on Closer Ties, Possible Acquisition
Mar 30 2018 // U.S. retailer Walmart Inc. is in early-stage talks with health insurer Humana Inc. about developing closer ties, with the acquisition of Humana being discussed as one possibility, people familiar with the matter said on...
Credit Insurers Stopped Backing Toys ‘R’ Us a Year Ago
Mar 19 2018 // When Toys ‘R’ Us secured a $3.1 billion bankruptcy loan in September, toy makers were reassured they would be paid for goods delivered to the company as it tried to emerge from Chapter 11. Now those payments...
20-Year-Old Oregon Man Sues Dick’s, Walmart Over New Gun Policies
Mar 12 2018 // A 20-year-old man from Oregon has filed lawsuits against Dick’s Sporting Goods and Walmart, alleging the two retailers discriminated against him when they refused to sell him a rifle this week because of his...
Why Wholesale Insurance Brokers Are Under Continuing Pressure to Sell
Feb 13 2018 // Wholesale insurance brokers have been selling off their businesses and it’s not because they are all ready to retire. As in the retail agency segment, consolidation among wholesale brokerages is being driven by...
Hiscox Names Walter as CEO Hiscox Global Retail, Langan as CEO of Hiscox USA
Feb 8 2018 // Hiscox Ltd. announced that Ben Walter, the current CEO of Hiscox USA, will relocate to London to take up the newly created role of CEO Hiscox Global Retail. He will be succeeded as CEO Hiscox USA by Steve Langan, the...
Consolidation Continues: The Squeezing of Wholesale Brokers
Jan 22 2018 // Wholesale insurance brokers have been selling off their businesses and it’s not because they are all ready to retire. As in the retail agency segment, consolidation among wholesale brokerages is being driven by...
UK Fines Mobile Phone Retailer Carphone Warehouse over 2015 Data Breach
Jan 10 2018 // Britain’s information regulator said on Wednesday it had fined Carphone Warehouse 400,000 pounds ($539,400) after a 2015 cyber attack exposed the personal data of more than 3 million customers. The Information...
