BJ’s Wholesale Club has appointed Christopher Peterson, executive vice president, chief financial officer of Newell Brands, to its board of directors. He will serve as chair of the board’s audit committee.
The U.S. Consumer Product Safety Commission (CPSC) has announced that Costco Wholesale, Corp. has agreed to pay a $3.85 million civil penalty regarding its failure to report defective trash cans.
The Walmart U.S. business delivered the best quarterly comp sales results for the retailer in more than a decade during the second quarter. Walmart also highlighted new features in its home category online shopping platform as well as the expansion of its brand assortments.
Walmart is testing a smaller format retail concept from its Sam’s Club division, according to a recent report in the Dallas Morning News.