SHARE: Email Print LinkedIn Facebook Twitter Amazon.com, Macys, Leon Max and Sears, Roebuck and Co. and its Kmart subsidiaries have agreed to pay $1.26 million in penalties to settle lawsuits filed by the Federal Trade Commission (FTC) that they mislead...
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Amazon.com, Macy's, Leon Max, and Sears, Roebuck and Co. and its Kmart subsidiaries have agreed to pay $1.26 million in penalties to settle lawsuits filed by the Federal Trade Commission (FTC) that they mislead consumers by labeling textiles as made of bamboo, when they were actually Rayon. The FTC charged the retailers violated the Textile Products Identification Act and the FTC's Textile Rules. While so-called bamboo textiles often are promoted as environmentally friendly, the process for manufacturing rayon โ even when it's made from bamboo โ is far from a "green" one, the FTC said in a statement.
This week, NPR is exploring the evolution of the American shopping experience. In the third installment in this series, Audie Cornish speaks with retail architect M.J. Munsell and retail consultant Bob Hetu about what shopping in the future will be like
4 minutes ago, 7:05am (ET) 01/11/2013 M2 Casual lifestyle brand Joe's Jeans Inc (NasdaqCM :JOEZ) revealed on Thursday the appointment of Sarah Choufani as vice president of its International Sales. In the newly elected role, Choufani will oversee and...
Wal-Mart found itself in the middle of this gun control push yesterday, with CNBC's Eamon Javers; Matt Lewis, Daily Caller; Margie Omero, Momentum Analysis; Jennifer Rubin, Washington Post; and Lars Larson, The Lars Larson Show.
A study conducted by Reims Management School reveals that consumers are often put off by promises of lowest prices which are coupled with high-refund guarantees โ contrary to the usual strategies of many top retailers. The research found that such strategies can cause consumers to become suspicious of the offer and may result in them avoiding making a purchase altogether.
New York -- Fast Retailing Co., parent to the Uniqlo chain, reported Thursday that net income for the fiscal first quarter jumped 17% to $644.3 million, boosted by strong same-store sales at Japan Uniqlo units. On Wednesday, the company announced that...
San Francisco -- Gymboree Corp. has hired a second senior-level Gap Inc. executive, naming Gap North America finance VP Evan Price as its new CFO. Price, who also served as VP of Old Navy, will take over Gymboreeโs top finance slot on Jan. 21, joining...
Philadelphia-based Destination Maternity Corp. has opened its first Destination Maternity store in Canada. Located in Calgary, Alberta, at the Kingsland Village retail development, the new store will carry A Pea in the Pod maternity apparel, marking the...
Select Kmart locations will carry apparel and accessories collections developed by pop superstars Adam Levine and Nicki Minaj in an effort to boost sales. Both collections will also be available via the ShopYourWay.com social...