Latest Retail Headlines
All the headlines from our Retail Topic Page, ordered by recency.
Gun Retailer Sued by Families of Texas Church Shooting Victims
Mar 4 2019 // Family members of victims of a Texas church shooting are suing a sporting goods chain that sold the weapons used in the 2017 massacre. The lawsuit filed in state district court in San Antonio alleges Academy Sports &...
UK Online Grocer Ocado Learns Lessons About Robotic Warehouses After Massive Fire
Mar 4 2019 // The Andover fire brigade was alerted at 2.34 a.m. About 2 miles across town, a fire had broken out in the early hours of Feb. 5 at a state-of-the-art Ocado Group Plc warehouse. Within minutes, firefighters were tackling a...
Things to Consider When Charging Broker Fees
Feb 18 2019 // A broker fee is a fee in addition to premium and commission that is charged by retail and wholesale insurance brokers and that ultimately is paid by the insurance buyer. Such fees are subject to two overriding rules: (1)...
Big deals
Feb 4 2019 // Marsh/JLT, Brown & Brown/Hays Topped 2018 P/C Agency Mergers A handful of big deals dominated the very busy property/casualty insurance agency and broker merger news cycle for 2018. Based on Insurance Journal...
Brightway Goes ‘All In’ on Independent Agents, Unveils No-Cost Path to Agency Ownership
Jan 21 2019 // On the heels of celebrating its 10-year anniversary, Jacksonville, Fla.-based Brightway Insurance, a national property/casualty insurance retailer selling through a network of franchised independent agencies, has unveiled...
Brightway Goes ‘All In’ on Independent Agents, Unveils No-Cost Path to Agency Ownership
Jan 10 2019 // On the heels of celebrating its 10-year anniversary, Jacksonville, Fla.-based Brightway Insurance, a national property/casualty insurance retailer selling through a network of franchised independent agencies, has unveiled...
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...
