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Staples could be on the brink of winning its case against the Federal Trade Commission, possibly clearing the way for it to acquire Office Depot, sources told The Post. The judge overseeing the FTC suit against the office supply chain said he will entertain a motion from Staples’ legal team to dismiss the case once…
A cap on debit card swipe fees enacted by the Federal Reserve five years ago has helped reduce costs for retailers and consumers, but is still higher than intended by Congress and should be lowered, the National Retail Federation (NRF) said. “In most cases, 24 cents per transaction represents a significant savings over the prior noncompetitive pricing,”…
Everyone loves a comeback story, but they're notoriously rare in the apparel, luxury and fashion worlds. Of course, just because it’s difficult doesn’t mean it can’t be done — just look at Coach and Ray-Ban, two of the most exciting comeback stories in luxury retail. As an investor, it’s worth understanding the why and how…
Apple Pay is finally ready to move beyond apps. Apple has been telling potential partners that its payment service, which lets shoppers complete a purchase on mobile apps with their fingerprint rather than by entering credit card details, is expanding to websites later this year, multiple sources told Re/code. The service will be available to shoppers using…
Alongside stacks of 50-pound bags of Producer’s Pride Hog Grower pig food and sunshine yellow CountyLine Heavy-Duty Super Spear hay handlers, Steve Barbarick, Tractor Supply Co.’s chief merchant, is rummaging through a bin of weighty grade-5 hexagonal head bolts, the kind commonly used to fasten structural steel. Sure, you could buy similar bolts at Lowe’s…
Epsilon's new shopper behavior study may be the latest indication that millennial consumers are no longer spring chickens. In fact, they're using — hold on to your ironic fedoras, folks — email more than people of other ages to find products and services. Yes, trusty email, so often overshadowed by social media, appears to be making…
When the first branches of Whole Foods new 365 Supermarket open later this year, shoppers will see more than just lower prices. The millennial-oriented chain is being positioned as a cheaper alternative to its older sibling, and Whole Foods is trying an unusual technique to attract shoppers: filling their new locations with tattoo shops, vegan…
Personal information included on tax forms of Sprouts’ employees was compromised in a phishing scam. Last week, a payroll department employee at the company's headquarters in Arizona responded to an email thought to be from a company senior executive. In the email, the person asked for the 2015 W-2 statements of all Sprouts workers. The employee complied…
Target offered a sneak peek of its upcoming Marimekko swimwear and home décor line, which features the iconic Finnish brand’s untouched, archival prints. And like last year’s wildly successful Lilly Pulitzer launch and the website-crashing Missoni collection before it, the 200-plus item Marimekko for Target collection might also sell out in a New York minute and…
Amazon.com said Wednesday that there’s no gender or ethnic imbalance in how it pays its employees, heading off pressure from activist investors who wanted the company to prepare a detailed report on the issue. A recent review of its 2015 compensation showed that women earned 99.9 cents for every dollar men earned in the same jobs,…