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eBay Launches New Seller Standards
February 22, 2016 at 10:40 am

As of this weekend, eBay is no longer using negative feedback or detailed seller ratings to evaluate a seller's performance. The change, announced last September, took effect on Feb. 20. Avoiding claims, cancelled orders and late shipping is now key to passing muster. The new policy is part of a kinder and gentler approach under the…

lululemon Founder's New Company Fires 10% of Headquarter Staff
February 22, 2016 at 10:24 am

Kit and Ace, the retail startup launched by lululemon athletica Inc founder Chip Wilson’s family, has laid off roughly 10 percent of staff at its Vancouver headquarters, as the closely held company slows its rapid pace of expansion. The layoffs, which impact about 35 people, come as the luxury casual wear-maker shifts focus from opening dozens…

CDC: Elevated Cancer Risk in Lumber Liquidators Laminate Flooring
February 22, 2016 at 10:13 am

Certain types of laminate flooring made by Lumber Liquidators have a greater risk of causing cancer or other health problems than previously believed, U.S. health regulators said Monday. The Centers for Disease Control and Prevention said Monday that exposure to formaldehyde in the flooring was greater than it had calculated earlier this month, meaning people who purchased…

Why Diesel Decided to Go Big on Pornhub
February 22, 2016 at 10:03 am

If  you're one of Pornhub's 60 million daily visitors, you might be wondering why you saw ads this month for clothing brand Diesel rather than, say, male enhancement pills or hot singles in your area. It was certainly no media-buying accident. In fact, the fashion brand bought prominent placement on the site from January through Valentine's…

Bebe Announces Job Cuts, New Leadership
February 19, 2016 at 10:55 am

Bebe stores, inc. announced that Manny Mashouf has rejoined its management team as chief executive officer and that Walter Parks has rejoined as president, chief operating officer and interim-chief financial officer. Former CEO and board member Jim Wiggett and former CFO Liyuan Woo are no longer with the company. Bebe further announced that it has…

Will Adidas’s $600-a-Year Subscription Service Work?
February 19, 2016 at 10:46 am

Whatever your shopping preferences, it seems these days that there’s a subscription box to cater to them. Birchbox, which peddles a monthly box of curated beauty samples, was an early player in a trendy format that's grown to include everything from healthy snacks to pet treats to proudly nerdy selections of action figures and other…

Amazon Expanding Deliveries by its ‘On-Demand’ Drivers
February 19, 2016 at 10:29 am

Amazon.com Inc is quietly inviting drivers for its new "on-demand" delivery service to handle its standard packages, as the online retailer known for low prices and razor-thin profit margins looks to speed up delivery times and tamp down its growing multibillion dollar logistics bill. The move, which hasn't been announced publicly, is the latest sign that…

Kmart Buying Up Bankrupt Companies’ Products to Offer Big Discounts
February 19, 2016 at 10:21 am

Struggling discount department store Kmart will begin selling merchandise from bankrupt retailers, liquidations and "other opportunistic situations," the company said Wednesday. "The path to making Kmart great again starts with sourcing truly brag-worthy deals," Kmart President Alasdair James said in a statement. "Just as when we brought back Bluelight Specials last year, we continue to find…

Staples, Office Depot to Sell Corporate Assets to Illinois Office Supplier
February 18, 2016 at 10:25 am

Staples and Office Depot announced an agreement Tuesday to sell more than $550 million in large corporate contract business and related assets to office supply wholesaler Essendant. Deerfield, Ill.-based Essendant will pay Staples about $22.5 million, the companies said. More than 25 percent of the revenue acquired by Essendant will be from Fortune 100 companies…

Dollar Shave Club Files Counterclaim Against Gillette in Battle of the Blades
February 18, 2016 at 10:14 am

Dollar Shave Club isn’t afraid of publicity. The quirky men’s grooming startup is famous for its viral online videos, men’s flushable wipes and now a Super Bowl ad. But when shaving giant Gillette filed a lawsuit in December claiming the Venice, Calif.-based subscription service stole one of its patents to reduce wear and tear on…