Abercrombie Pulls ‘Offensive’ Shirts
New Albany, Ohio, In the face of criticism and calls for boycotts, Abercrombie & Fitch agreed to stop selling shirts with controversial messages. One of the shirts read across the chest: “Who needs brains when you have these?” The Women & Girls Foundation of Southwest Pennsylvania said they were satisfied with Abercrombie & Fitch’s decision to remove what it called “several offensive t-shirts from its stores. In a statement, the retailer said: “We recognize that the shirts in question, while meant to be humorous, might be troubling to some.”
A&P CFO Resigns
Montvale, N.J., Great Atlantic & Pacific Tea Co., which operates A&P Groceries, announced that CFO Mitchell P. Goldstein stepped down today. He will be replaced by corporate controller Brenda Galgano.
Goldstein is said by A&P to be leaving to pursue other opportunities.
A&P has been struggling for the last year, but just last month posted a quarterly profit.
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Wal-Mart Releases Statement to Refute Video
Bentonville, Ark., The following excerpt is from a statement released by Wal-Mart Stores today in response to the documentary “Wal-Mart: The High Cost of Low Price,” launched today in New York City and Los Angeles and slated to be shown in 3,000 private screenings nationwide.
Regarding the documentary produced by Robert Greenwald that portrays Wal-Mart as a behemoth that destroys small towns and pays poverty-level wages, Wal-Mart said, “The 138 million people who shop at our stores every week speak volumes more about Wal-Mart than any special interest video. In fact, last month, our loyal customers spoke very loudly. Wal-Mart just enjoyed its best October ever—and our best Halloween ever.”
The statement went on to say, “No matter how much Robert Greenwald talks to the special interests, he just won’t change the personal experiences that our customers, our associates and the American people have with our company.”
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