понедельник, 11 января 2016 г.

uReport: Kohl’s Considers Going Private, Breaking Up Company To Prevent Takeoverr


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  • (Daniel Oines)
    Middle-class consumers just aren’t as into department stores as they used to be. Experts speculate that this is because off-price and outlet stores caught on during the recession, and shoppers simply don’t want to go back. Even staying open for 170 hours straight wasn’t enough to drag Kohl’s out of a slump, and the company’s leaders worry that they could be taken over while their stock price is low.

    An ever-mysterious “person familiar with the situation told the Wall Street Journal that the company is discussing its options. One possible solution would be to take the company private, with one investor buying up its shares and relieving leaders of the day-to-day pressure of the price of their publicly-traded stock.

    While sales are good at Kohl’s, the company is planning ahead while its stock price is relatively low and its recent growth spurt has slowed.

    Other department stores have their own solutions, like Sears renting, selling, or subleasing its stores to anyone who is interested, and Macy’s is closing stores as well as considering forming its own real estate investment trusts.

    It would also ward off activist investors, who might swarm in and try to change the chain and its leadership, and suitors for acquisition, who might be tempted to take over.

    The company’s CEO wants to change things around, offering more cosmetics, accessories, and shoes for women as well as offering more clothes from national brands instead of all private brands. Would that work? As long as receipts still tell people that they saved hundreds of dollars at the bottom, even if they didn’t necessarily, things should be fine.

    Kohl’s Weighs Next Steps, as Woes Mount



ribbi
  • by Laura Northrup
  • via Consumerist


uREAL ID Standard Implementation At Airports To Start January 2018r


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  • (JessicaKRoach)

    Hundreds of thousands of residents in five states and one U.S. territory will receive a two-year reprieve from having to use an additional form of identification when going through airport security, as the Department of Homeland Security extended the deadline for state drivers licenses to meet REAL ID standards. 

    Homeland Security secretary Jeh Johnson announced on Friday a schedule for the final phase of implementation of minimum security standards for state-issued driver’s licenses and photo IDs.

    Effective Jan. 28, 2018, air travelers with a driver’s license or identification card issued by a state that does not meet the requirements of the REAL ID Act must present an alternative form of identification acceptable to the Transportation Security Administration in order to board a commercial domestic flight.

    Of course, the Dept. also provided some exceptions, noting that if a state has been granted an extension to comply with the Act, the effective date may not apply.

    Currently, 23 states are fully compliant with the REAL ID Act, and the Department has used its authority to grant states extensions when they demonstrate steps toward compliance. The remaining 27 states and territories have been granted extensions for a period of time to become compliant.

    Six states and territories – Illinois, Minnesota, Missouri, New Mexico, Washington, and American Samoa – are noncompliant and do not currently have extensions.

    With the release of the timeline, these states and territories will receive a defacto extension until 2018.

    The requirements under the Act have been hotly debated in many states, with some claiming the law violates consumers’ privacy, even passing laws barring motor vehicle departments from complying with the law.

    Under the standards, licenses are required to be equipped with “machine readable” technology, like a chip or a magnetic strip, to store residents’ personal information.

    The information will eventually be shared through a system administered by the American Association of Motor Vehicle Administrators, allowing states to access information from other states.

    While the federal government can’t force states to adopt identification standards, it can force their hands in other ways, mainly determining that current IDs aren’t sufficient enough to pass through airport security.

    If state IDs fail to comply with REAL ID standards, federal agencies can’t accept them as standalone proof of identification. The final phase of the DHS plan is access to commercial aircraft.

    The Department’s timeline is as follows:
    • Effective immediately: The Department of Homeland Security will conduct outreach to educate the traveling public about the timeline below, and continue engagements with states to encourage compliance with REAL ID standards.
    • Starting July 15, 2016: TSA, in coordination with airlines and airport stakeholders, will begin to issue web-based advisories and notifications to the traveling public.
    • Starting December 15, 2016: TSA will expand outreach at its airport checkpoints through signage, handouts, and other methods.
    • Starting January 22, 2018: Passengers with a driver’s license issued by a state that is still not compliant with the REAL ID Act (and has not been granted an extension) will need to show an alternative form of acceptable identification for domestic air travel to board their flight.
    • Starting October 1, 2020: Every air traveler will need a REAL ID-compliant license, or another acceptable form of identification, for domestic air travel.



ribbi
  • by Ashlee Kieler
  • via Consumerist


uAmerican Airlines Should Not Have Told Family They Couldn’t Use FAA-Approved Safety Harnessr


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  • The CARES harness in use by children who are not related to this article.

    Consumerist reader John and his wife were traveling with their two-and-a-half-year-old daughter on an American Airlines flight from New York to San Diego, and they’d brought along a special device to help keep their toddler safe, a CARES (Child Aviation Safety Restraint System) harness. Despite the fact that it’s approved by the Federal Aviation Administration, John says the flight’s pilot refused to take off while his daughter was using it in her seat.

    John hadn’t been expecting pushback: American Airlines’ policy allows for approved car seats, and FAA rules say that airlines must allow parents to use approved child-restraint systems, including CARES harnesses. But he says flight attendants informed them that the pilot had said the harness couldn’t be used during taxi and takeoff.

    “We informed the flight attendant that we had used the harness on 11 previous flight segments including five in the last two weeks and an earlier flight that day” on American flights from London to JFK, John wrote, as well as four different AA flight segments in October.

    “We also told the attendants that our toddler would not remain seated without the harness; she would release her seatbelt and squirm,” John told Consumerist, adding that they explained to attendants that the device was FAA-approved and that they believed the pilot was incorrect. He says one flight attendant accused him of jumping down her throat, and another crew member told them the pilot wouldn’t take off with the device strapped to the seat.

    “We had been in transit for over 20 hours, so in desperation my wife held our daughter during takeoff,” John says. “It’s the only way she’d stay secure without the strap.”

    “We believe the flight attendants and pilot are poorly trained, poor in customer service, and endangered our child,” John added.

    Consumerist asked the FAA if there were any restrictions on when the harnesses could be used, and a representative told us no, that travelers should be able to use them “during all phases of flight.”

    When we reached out to American last week, we were told the company was “looking into” the situation, and directed our attention to the FAA’s guidelines regarding child safety restraints, which says, again, that CARES safety harnesses are approved for all parts of a flight, including taxi and takeoff.

    Consumerist checked in again with American today to see if the airline had anything further to share regarding John and his family’s experience.

    “We continue to review these allegations. However, a Child Aviation Safety Restraint System (CARES) may be used during all phases of flight,” a spokesperson said by email, confirming what the FAA told us, adding that the device must have the below label, per the FAA — a label John says he showed to the flight attendants:

    label

    So what should you do if you find yourself in a similar situation with a CARES harness? A spokeswoman for the FAA told Consumerist that parents should bring information from the agency’s site with them when they travel.

    Despite that, John said he did provide FAA information to the flight crew. He has yet to hear anything back from American, even after he gave us permission to share his contact information with the airline’s media relations team, which we did. He tells Consumerist he’s filed complaints both on the AA.com website and through the FAA complaint website.



ribbi
  • by Mary Beth Quirk
  • via Consumerist


uNine Retailers Recall Store-Branded Children’s Cold Medicine Over Overdose Risksr


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  • (frankieleon)

    Nine retailers, including CVS and Rite Aid, have recalled two flavors of store-branded children’s liquid cold medicine over a potential overdose risk.

    The Perrigo Company medicine, sold nationally under a number of brand names, contains a dose cup with incorrect markings that could lead to an overdose, the manufacturer announced on Monday.

    The recall covers batches of children’s grape liquid and three batches of its children’s cherry liquid cough medicine sold in 4-ounce bottles with dosage cups.

    Sunmark, Rite-Aid, Topcar, Kroger, GoodSense, Dollar General, Care One, and CVS pulled the store-branded cough medicine from their shelves.

    Giant and Stop & Shop were the first retailers to remove the medication, under the Care One brand, last week.

    An overdose of the medication may cause hyper excitability, rapid eye movements, changes in muscle reflexes, ataxia, dystonia, hallucinations, stupor, and coma.

    Additionally, Perrigo warns that too much of the cold medicine can cause nausea, vomiting, tachycardia, irregular heartbeat, seizures, respiratory depression, and death can also occur with overdose.

    So far, Perrigo says it has not received any reports of overdoses related to the medication.

    “There have been no reports of adverse events to Perrigo as a result of the incorrect dosage markings,” Joseph Papa, CEO of Perrigo, said in a statement. “Perrigo is taking this action to maintain the highest possible product quality standards for our retail customers and consumers. We are taking this action because it is the right thing to do.”

    The recalled medication can be identified by the following labels, SKUs, and expiration dates:

    Screen Shot 2016-01-11 at 3.14.21 PM



ribbi
  • by Ashlee Kieler
  • via Consumerist


uMan Caught On Camera In Pet Store Shoving Python Down Pantsr


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  • snaketheftA few years ago, we brought you a story about a pet store thief removing two puppies from a pet store by shoving them down his pants. Last week in Portland, OR, a pet store’s surveillance cameras caught a man on camera who used this method to conceal a pricey python and walk out of the store unnoticed.

    The store’s owner checked camera footage after an employee noticed that the python was missing, and eventually they spotted the alleged thief picking up the snake… and slipping it down his pants. The creature was a black pastel ball python that the shop sells for $200.

    The video shows the man casually walking around the store and then out the door, trying to act like a person who does not have a python stuffed down his pants.

    “He’s lucky it wasn’t feeding day,” observed the owner. “Feeding days are on Mondays. And they’re very hungry.” Pythons, as you may recall, suffocate their prey by squeezing them, and your pants probably isn’t an ideal place to keep one of them.

    Police : Pet Store Thief Put Snake Down Pants [FOX 29]



ribbi
  • by Laura Northrup
  • via Consumerist


uWells Fargo Mocks Minnesota Vikings’ “Photo Bomb” Lawsuitr


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  • vikingstadA few weeks back, the Minnesota Vikings sued Wells Fargo, accusing the bank of trying “photo bomb” the team’s new stadium. Wells has since fired back, calling the whole thing “far-fetched.”

    Quick recap of this case: The Vikings are building a fancy new stadium and have sold the naming rights to U.S. Bank. To preserve the value of those naming rights, the team made deals with all the owners of the neighboring buildings to determine where and how they could put up signage on these properties.

    This includes the couple of buildings that Wells Fargo has next to the stadium site. The bank has since put illuminated Wells Fargo logos on those two 17-story towers. These aren’t huge, upright, standing signs that can be seen from the ground. Instead, these new signs can only be spotted in aerial images.

    Regardless, the Vikings contend that the signs violate the bank’s contract with the team and are an attempt to “photo bomb” the new stadium, which will be the site of the Super Bowl in early 2018. They are seeking an immediate injunction against the bank.

    In its response [PDF], Wells mocks what it sees as the team’s rush to expedite this matter and turn it into something bigger than it is.

    “This is a straightforward contractual dispute about signs,” reads the response, “not an emergency requiring the extraordinary remedy of injunctive relief.”

    The bank also scoffs at the team’s claim of being injured by the signs, calling it a “speculative, never-before-recognized form of irreparable injury,” for a stadium that won’t see active use until next August.

    The response contends that the Vikings waited until the signs had been in place — but not yet lit up — for months before filing its complaint. And if it’s just a matter of whether the signs should be illuminated, Wells doesn’t understand why the team is now demanding that both of the 56′ x 56′ signs be covered up in a solid-colored tarp so that no part of the signs can be read.

    In addition to the illumination, the Vikings have a problem with the fact that the lettering on the otherwise flat signs is raised, arguing that it “creates a completely different image” than if the sign were flush to the roof.

    Reading the Wells response, you can almost hear the bank’s lawyers laughing.

    They point out that no one on the ground could possibly see the signs, and that “when the signs are viewed from directly overhead, it would be impossible to tell that the signage is raised at all. Tellingly, the Vikings do not even attempt to explain why it is that the presence of raised lettering on the roof-top signage… will harm, dilute, or distract from the ‘image’ of the Stadium or how it is that any such harm will come about.”

    The bank says that the Vikings’ theory of harm is “premised on the notion that an undetermined number of persons viewing the Stadium webcam can navigate to the aerial view of the City of Minneapolis, direct the camera to the Wells Fargo buildings, zoom in on the roof of the buildings, and that the Vikings’ interest in the image of the still-incomplete Stadium will somehow be forever harmed because the Wells Fargo lettering is slightly raised from the surface of the roof. This theory is, at a minimum, far-fetched.”

    Additionally, Wells doesn’t understand why flat(ish) rooftop signs are the problem, when the two buildings already have multiple 5′ x 58′ illuminated “Wells Fargo” signs on their exterior side walls:
    wellssidesign

    The bank says the team agreed to those signs, which are just as likely to show up in blimp photos of the stadium:

    daytimeaerial

    nightaerial

    In a statement to the Minneapolis/St. Paul Business Journal, the Vikings maintain that it has a signed agreement with the bank to place limited, non-illuminated signs on the roofs of these two buildings but that “Wells Fargo violated this written agreement with the installation of mounted, and significantly different, rooftop signage. Its action is a breach of contract and adversely affects the image of U.S. Bank Stadium. Given that the original agreement specifically gives both parties the right to seek an injunction in the matter of a dispute, the Vikings have no choice but to pursue this legal remedy in order to enforce the contract.”



ribbi
  • by Chris Morran
  • via Consumerist


uFord Testing Lease-Sharing Program That Would Let Friends, Family Split A Carr


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  • (Don Buciak II)
    Though it might be nice to have a car for some occasions, there are plenty of people for whom owning or leasing a vehicle just isn’t worth it. Ford thinks it can appeal to those who might want their own wheels but don’t want to bear the burden of paying for it alone, with a new lease-sharing program it’s preparing to test.

    Starting next month in Austin, the Ford Credit Link pilot will offer leases on vehicles to groups of between three and six people, the company announced today at the North American International Auto Show in Detroit, reports Biz Beats blog at the The Dallas Morning News.

    “Lease groups can reserve drive time, check vehicle status, keep up with maintenance, communicate with each other, view their account, and make payments through a vehicle plug-in device and app,” Ford says.

    Leases are only for 24 months and will be available at three Austin dealerships.

    “Austin is a progressive city with a rich demographic mix. It has effective public transportation, and consumers who use various mobility options but may not need a full vehicle lease to meet their transportation needs,” David McClelland, Ford Credit executive vice president, marketing and sales, said. “This combination makes Austin a good place to test Ford Credit Link.”

    It’s an interesting idea, though it could also provide fodder for college roommate fates on a level beyond the usual disagreements over who refuses to wash the dishes for weeks on end. Being stuck in a lease with an friend who turns out to be irresponsible could be a particularly uncomfortable situation, we’d imagine.



ribbi
  • by Mary Beth Quirk
  • via Consumerist