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June 30, 2015 at 2:17 pm
President Obama announced Monday night a rule change that would make millions more Americans eligible for overtime pay. The rule would raise the salary threshold below which workers automatically qualify for time-and-a-half overtime wages to $50,440 a year from $23,660, according to an op-ed article by the president in The Huffington Post. The administration has…
June 30, 2015 at 2:11 pm
America’s largest retailer was doing something very un-American. Wal-Mart has been selling products online that claim to be made in the USA when in fact they're not. After it was threatened with a potential probe by the Federal Trade Commission, Wal-Mart said that it has a problem with its website design. Truth in Advertising, a…
June 30, 2015 at 2:03 pm
Nearly 700,000 people have signed a petition calling on Macy's to fire Donald Trump. NBC cut ties with Trump for calling Mexican immigrants rapists and drug runners. Those comments stemmed from a speech in which he announced his intention to run for president. Now, some consumers argue Macy's should follow suit and dump the businessman.…
June 30, 2015 at 1:55 pm
For over 20 years, warehouse club juggernaut Costco Wholesale Corp. has quietly been dabbling in a new market: selling supplies specifically tailored to small businesses. Now, Costco could be looking to move more aggressively with a store format in a bid to head off competition from Wal-Mart's small-business friendly brand Sam's Club, as well as…
June 30, 2015 at 1:51 pm
Bon-Ton, like a number of other retailers, is turning some of its real estate into cash. The department store on Monday announced an $84 million deal with a real estate investment trust in which it will sell six properties and lease them back. Last week Darden Restaurants Inc. said that it would create a real…
June 29, 2015 at 4:17 pm
Three years after J.C. Penney was boycotted by opponents of LGBT rights, retailers have embraced the Supreme Court’s ruling for same-sex marriage. Amazing how quickly things can change. Just three years ago, J.C. Penney found itself embroiled in controversy when it featured gay couples in its new glossy mail-outs, part of its failed strategy under…
June 29, 2015 at 2:09 pm
A marketing campaign designed to get eBay customers re-engaged went terribly wrong recently, and shoppers are underwhelmed by eBay's attempt to placate them after it reneged on the offer. eBay UK had sent shoppers coupons for 20 percent off a purchase of 20 pounds or more, with a maximum coupon value of 50 pounds. However,…
June 29, 2015 at 1:56 pm
bebe stores is in the midst of a turnaround plan to get the women's apparel retailer back on track with a laser-like focus on who its customer is and the kind of clothing she's looking to buy. "There have been paradigm shits within the company and they didn’t work," said CEO Jim Wiggett. "So what…
June 29, 2015 at 1:36 pm
Shoppers were up in arms regarding accusations that Whole Foods Market has been overcharging consumers for its prepackaged food, including several who threatened to boycott its stores. The accusations were brought by New York City's Department of Consumer Affairs, which said last Wednesday that after testing 80 various package types from the high-end grocer, all…
June 29, 2015 at 1:30 pm
For your summer closet, how about wide-legged Zimmerman pants? An Oscar de la Renta caftan? A linen-burlap maxi dress with golden cuffs? If these items sound niche or ad hoc to you, think again. Major players in the fashion industry are marketing to the traditionally overlooked Muslim consumer, especially as Ramadan gets going this month.…
