Legislative, Regulatory & Legal

Penske Auto Centers Leaves Kmart
CHICAGO - Penske Auto Centers has become the first big-name business to abandon Kmart since it filed for Chapter 11 reorganization by announcing it will permanently close 563 of its auto-repair shops located at Kmart stores across the country, The Detroit Free Press reports.
OSHA Announces Comprehensive Plan To Reduce Ergonomic Injuries
WASHINGTON - OSHA on Friday unveiled a comprehensive plan designed to dramatically reduce ergonomic injuries.

Former Ralphs Employees Win $30.6 Million in Suit

SAN DIEGO - Six women who formerly worked for Ralphs Grocery Co. have been awarded $30.6 million in a sexual harassment suit, The Associated Press reports.
Ahold To Explain Accounting Issue in Conference Call

LONDON - Dutch supermarket group Ahold NV said today it will hold a conference call with analysts Monday to explain an accounting issue that has seen the retailer's shares fall 10 percent in two days, Dow Jones reports.
Ex-Tyson Foods Employees Sue Company

CHATTANOOGA, Tenn. - Four former hourly employees of Tyson Foods have filed a civil lawsuit accusing the meat company of depressing their wages by hiring immigrants known to be illegal, The Associated Press reports.
Kmart's Top Exec Paid $1 Million

DETROIT - Kmart Corp.'s CEO and chairman, James Adamson, will get at least $1 million a year in base salary and an extra $4 million if he brings the troubled retailer out of bankruptcy by July 2003, The Associated Press reports.
Supermarkets in Singapore Delay Gasoline Project Due to Safety Concerns

SINGAPORE - Supermarkets in Singapore will have to wait to conduct a test that would allow them to compete with oil companies in retailing gasoline because of an increased focus on security in the wake of the Sept. 11 attacks, Dow Jones reports.
McDonald's to Begin Importing Beef

WASHINGTON - McDonald's will soon begin buying beef from overseas, citing a shortage of the U.S. meat that's lean enough to make burgers, The Associated Press reports.
McDonald's to Consider Expanding Animal Welfare Standards Worldwide

LONDON - Shareholders in fast-food chain McDonald's will soon be given the chance to vote on whether the company should introduce animal welfare standards worldwide, the BBC reports.
Kmart Reports $174 Million Net Loss In February

TROY, Mich. - Kmart Corp. on Friday reported a $174 million net loss for February, the first full month since the discount retailer filed for Chapter 11 bankruptcy protection, the Associated Press reports.

Penske Auto Centers Leaves Kmart

OSHA Announces Comprehensive Plan To Reduce Ergonomic Injuries

Former Ralphs Employees Win $30.6 Million in Suit

Ahold To Explain Accounting Issue in Conference Call

Ex-Tyson Foods Employees Sue Company

Kmart's Top Exec Paid $1 Million

Supermarkets in Singapore Delay Gasoline Project Due to Safety Concerns

McDonald's to Begin Importing Beef

McDonald's to Consider Expanding Animal Welfare Standards Worldwide

Kmart Reports $174 Million Net Loss In February