Latest Retail Headlines

All the headlines from our Retail Topic Page, ordered by recency.

Western Retailers to Compensate Victims of Bangladesh Building Disaster

May 1 2013 // Two Western retailers have promised to compensate families of garment workers killed while making their clothes in a Bangladesh factory building that collapsed last week in the country’s worst industrial accident.The...

Wal-Mart to Fund Safety Training in Global Supply Chain

Apr 10 2013 // Wal-Mart Stores Inc., the world’s largest retailer, is making its biggest push yet to try to improve conditions at factories that produce its clothing after a fire at a Bangladesh factory last year killed 112...

Wal-Mart Considers Entering ‘Sharing Economy’ with Customer Delivery Plan

Mar 28 2013 // Wal-Mart Stores Inc. is considering a radical plan to have store customers deliver packages to online buyers, a new twist on speedier delivery services that the company hopes will enable it to better compete with...

Esurance and Walmart Team Up for Auto Insurance Discount Program

Mar 22 2013 // Esurance is launching a pilot program offering auto insurance discounts to customers at select Walmart stores in Illinois.Through the pilot program, drivers may obtain a savings card from Esurance kiosks located in...

The Woodlands Financial Group Has a Focus on Growth

Mar 14 2013 // Richard “Gordy” Bunch, president and CEO of The Woodlands Financial Group, readily concedes that starting a personal lines-focused insurance business in Texas in 2001 – while the state was in the throes of...

The Woodlands Financial Group Has a Focus on Growth

Mar 11 2013 // Richard “Gordy” Bunch, president and CEO of The Woodlands Financial Group, readily concedes that starting a personal lines-focused insurance business in Texas in 2001 – while the state was in the throes of...

Alabama Woman Sues Wal-Mart, Alleges Moldy Mr. Goodbar

Mar 1 2013 // A Huntsville, Alabama woman says in a new lawsuit that she became ill after eating a moldy Mr. Goodbar candy bar that she claims was nine months beyond its expiration date.Al.com reported that Terrica Brown is suing...

California Best Buy Stores Must Pay $875K In Pricing Suit

Feb 25 2013 // A Riverside County judge has ordered Best Buy Stores to pay nearly $900,000 and to institute a special discount program to settle a lawsuit alleging the company charged more than advertised prices at some California...

E&O Insights: Differences Between Standard, Excess & Surplus Markets

Jan 28 2013 // For as long as the insurance industry has been around, the excess and surplus (E&S) lines marketplace has served a vital role in writing difficult-to-place, specialty business for which admitted markets don’t...

Business Moves – Midwest

Jan 28 2013 // Willis North AmericaWillis North America, a unit of global insurance broker Willis Group Holdings, has relocated its Cleveland, Ohio office to 1001 Lakeside Ave., Suite 1600. Willis established a presence in Ohio more than...

CFC Launches Liability Cover for Online Retailers

Jan 16 2013 // Specialist lines underwriting agency CFC has launched a new fully combined modular policy designed exclusively for online retailers. The new product, WEB, covers the cyber exposures of online retailers, as well as the more...

Managing Underwriter Bill Creates Unwelcome Surprise for Some Texas Agents

Jan 14 2013 // A bill passed during the 2011 session of the Texas Legislature is creating havoc for some independent insurance agents in the state.House Bill 3410 creates a definition of a managing underwriter, and addresses the filing...

Large Retailers Rediscover Wholesale

Dec 17 2012 // It was in 2005 at the height of the Spitzer investigations when Aon, Marsh and Willis divested their wholesale brokerage operations to avoid appearances of conflict of interest with their retail side. But 2013 might be the...

After Bangladesh Fire, Wal-Mart Vows to Address Supply Chain Risks

Dec 14 2012 // A factory fire that killed more than 100 garment workers in Bangladesh has led the world’s largest retailer, Wal-Mart Stores Inc., to concede that it needs to do more to control its supply chain and keep unauthorized...

How Businesses Can Protect Against Black Friday Litigation

Nov 21 2012 // Black Friday can be a great day for both retailers and consumers but the crowds and hysteria surrounding the kick-off to the holiday shopping season lead to at least a handful of injuries every year.In 2011, more than 20...

Wal-Mart to Pay for Heart, Spine Surgery for Employees

Oct 11 2012 // Wal-Mart Stores Inc. is offering its U.S. employees and their families free heart and spine surgeries at six major health centers at no cost to the retailer’s workers, as it tries to find better ways to cover costly,...

Barclays Bank Shows Retail Intent with Takeover of ING Direct

Oct 10 2012 // Barclays’ new chief executive set the course firmly towards retail banking on Tuesday with his first deal since replacing Bob Diamond – the takeover of ING’s British savings and loan business and its 1.5...

Wal-Mart Employees in Florida Claim Gender Bias in Lawsuit

Oct 8 2012 // Three female Wal-Mart Stores Inc. employees have filed a lawsuit in South Florida claiming the retail giant discriminates against women in areas such as wages and promotion opportunitiesThe potential class-action lawsuit...

Brokers Report Keen Direct Line Interest; But Some Investors Wary

Oct 2 2012 // Stockbrokers involved in the planned stock market listing of British insurer Direct Line reported good interest from private investors in London’s first big retail share offering for six years, although some...

Judge Lets Wal-Mart Discrimination Case Proceed

Sep 24 2012 // A U.S. judge rejected Wal-Mart Stores Inc.’s request to dismiss a gender discrimination case filed in California, but said he would rule later about whether the women plaintiffs had enough evidence to be certified as...