Correspondent, Consumer Products & Retail
Jessica's Feed
Aug 29, 2013
Aug 27, 2013
Aug 27, 2013
Aug 27, 2013
Aug 27, 2013

Wal-Mart offers health benefits to U.S. workers’ domestic partners

Aug 27 (Reuters) – Wal-Mart Stores Inc said on
Tuesday it will offer health insurance benefits to domestic
partners of its U.S. employees starting next year, following the
lead of other major companies.

The world’s largest retailer, based in Bentonville,
Arkansas, also plans to begin to offer vision care to its
eligible employees and their dependents, according to
information the retailer sent to workers this week.

Aug 27, 2013

Wal-Mart to cover U.S. workers’ domestic partners in 2014

By Jessica Wohl

(Reuters) – Wal-Mart Stores Inc said on Tuesday it will offer health insurance benefits to domestic partners of its U.S. employees starting next year.

The world’s largest retailer, based in Bentonville, Arkansas, also plans to begin to offer vision care to its eligible employees and their dependents, according to information the retailer sent to workers this week.

Aug 26, 2013

Analysis: Spending on cars, homes threatens apparel sales as holidays approach

By Jessica Wohl and Phil Wahba

(Reuters) – Even with consumer confidence at a six-year high, retailers ranging from Target Corp (TGT.N: Quote, Profile, Research, Stock Buzz) to Macy’s Inc (M.N: Quote, Profile, Research, Stock Buzz) are competing not only with each other but are also having to adapt to shifting spending patterns.

Many consumers are taking advantage of still-low interest rates, purchasing cars and houses, but at the same time they are holding back on shirts, dresses and shoes, which doesn’t bode well for many retailers in the run-up to the year-end holiday season.

Aug 23, 2013
Aug 23, 2013

Departed P&G CEO made 5 percent more last year as bonus rose

Aug 23 (Reuters) – Procter & Gamble Co said on Friday
it paid Bob McDonald, the former chairman, president and chief
executive who abruptly left last spring, nearly 5 percent more
last year as the company’s performance improved.

McDonald was replaced in P&G’s top spot on May 23 by his
predecessor, A.G. Lafley. While McDonald’s departure was termed
a retirement, many saw the change as confirmation that his
tenure was a disappointment and that the world’s largest
household products maker needed Lafley to reassure investors and
employees.

Aug 22, 2013