News

99 Cents Only Stores Hires CFO

BY CSA STAFF

Los Angeles, Retailer 99 Cents Only Stores named Rob Kautz, 47, executive VP and CFO. He most recently served as CEO and CFO for a private start-up in food production and distribution, and was previously CFO and subsequently CEO of both Wolfgang Puck Casual Dining and Wolfgang Puck Worldwide for six years.

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Wal-Mart Dodges Boycott With Apology

BY CSA STAFF

Bentonville, Ark., The Catholic League for Religious and Civil Rights called off a boycott of Wal-Mart Stores after the retailer apologized for an e-mail that suggested that Christmas originated from many world religions.

The Catholic League had called the boycott after a customer-service employee responded to a customer’s complaint that Wal-Mart had replaced a “Merry Christmas” greeting with “Happy Holidays.” The employee responded that Christmas drew many of its rituals from many ancient peoples including the Visigoths, Celts and Semites.

Wal-Mart said the employee sent the message without review from his superiors and that it does not reflect the company’s opinion. The retailer also said that the employee no longer works for Wal-Mart.

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Wal-Mart Dodges Boycott With Apology

BY CSA STAFF

Bentonville, Ark., The Catholic League for Religious and Civil Rights called off a boycott of Wal-Mart Stores after the retailer apologized for an e-mail that suggested that Christmas originated from many world religions.

The Catholic League had called the boycott after a customer-service employee responded to a customer’s complaint that Wal-Mart had replaced a “Merry Christmas” greeting with “Happy Holidays.” The employee responded that Christmas drew many of its rituals from many ancient peoples including the Visigoths, Celts and Semites.

Wal-Mart said the employee sent the message without review from his superiors and that it does not reflect the company’s opinion. The retailer also said that the employee no longer works for Wal-Mart.

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Polls

Consumer confidence is high. Is that reflected in your stores’ revenues?

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