All Retail articles – Page 6
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La-Z-Boy names chief compliance officer, general counsel
Furniture company La-Z-Boy announced Raphael Richmond, senior director of corporate compliance and employment law, will succeed Stephen Krull as vice president and general counsel. Richmond will also hold the role of chief compliance officer.
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Kroger joins victims of Accellion data breach
Two months after cloud service vendor Accellion first identified one of its legacy products was targeted by a sophisticated cyber-attack, users of the product continue to feel the impact, with grocery chain Kroger the latest to reveal its exposure.
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German laptop retailer fined $12.7M under GDPR for employee surveillance
A German data regulator fined an online laptop and electronic goods retailer €10.4 million (U.S. $12.7 million) for video-monitoring employees for at least two years without legal basis.
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Compliance called out in Walmart opioid lawsuit
The Department of Justice alleged many failures by Walmart’s compliance program in its 160-page lawsuit accusing the retailer of playing an active role in fueling the opioid epidemic.
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Hanna Andersson agrees to pay $400K in CCPA-related breach lawsuit
Children’s clothing retailer Hanna Andersson has agreed to pay $400,000 in what is believed to be the first monetary settlement for a lawsuit related to the California Consumer Privacy Act.
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HanesBrands longtime general counsel to retire
Multinational clothing company HanesBrands announced General Counsel Joia Johnson plans to retire, effective May 2021. Johnson joined the company as legal chief in 2007.
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H&M Germany fined $41.3M in one of largest GDPR penalties
In one of the largest GDPR fines imposed, a regional data protection authority in Germany fined H&M Germany €35.2 million (U.S. $41.3 million) for excessive monitoring of several hundred employees by one of the retailer’s subsidiaries.
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Former Rite Aid compliance exec charged with insider trading
Armed with insider information about problems with a merger with Walgreens, a Rite Aid compliance executive who oversaw its corporate code of conduct sold company stock to save himself and his family over $150,000, according to the SEC.
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Rite Aid adds general counsel
Drugstore chain Rite Aid announced the appointment of Paul Gilbert as general counsel and corporate secretary.
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Under Armour facing potential SEC enforcement over accounting practices
Under Armour revealed in a regulatory filing that its accounting practices are the subject of a pending enforcement action by the Securities and Exchange Commission.
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Boohoo complaints put spotlight on supply chains and working practices
Recent reports of underpaid workers at suppliers for U.K. fashion retailers Boohoo and Quiz shed light on inherent weaknesses in companies’ monitoring of their supply chains.
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Walmart latest hit with CCPA-related lawsuit
Consumers are using the newly enforceable California Consumer Privacy Act to sue companies they say have mishandled their data. Walmart is the latest and most high-profile to be slapped with a lawsuit.
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Amazon pays $135K to settle OFAC screening violations
Amazon will pay approximately $135,000 as part of a settlement with the Office of Foreign Assets Control regarding apparent sanctions violations derived from deficient screening processes.
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Adidas vows more ‘diverse and inclusive’ workplace after key exec departs
Footwear and apparel giant Adidas is focused on improving its diversity efforts after its head of global human resources stepped down following controversial remarks on race that angered employees.
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FRC strikes out again as third Tesco probe ends
The U.K. Financial Reporting Council has ended its third and final investigation into the Tesco accounting scandal, yet again failing to find anyone responsible for the overstating of £250 million (U.S. $317.5 million) in profits.
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Ex-Walmart lawyer alleges ‘retaliatory’ firing for Mexico report
A former member of Walmart’s legal team is suing the retail company for what he alleges was a “retaliatory, negligent, and careless” investigation ultimately resulting in wrongful termination.
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Albertsons Companies tabs general counsel
Albertsons Companies, operator of Shaw’s, Star Market, Safeway, and other food and drug retailers, announced Juliette Pryor has been named executive vice president and general counsel.
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How some companies are hedging supply chain risk during pandemic
As financial hardships caused by the coronavirus pandemic take their toll, some forward-thinking companies have made changes to the benefit of suppliers, serving as leaders for others in their industry.
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The seven worst compliance fails of the coronavirus pandemic
Compliance and ethics fails during the coronavirus pandemic have done more than hurt companies’ images. They’ve cost lives.
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European regulators warn coronavirus villains will be punished … eventually
While EU regulators have not engaged in investigations yet or launched many (or any) coronavirus-related enforcement actions, lawyers warn they will do so later down the line and believe they will tackle “worst offenders” first.