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Judge grants class status to female employees suing Costco
September 26, 2012

New York -- A U.S. judge in San Francisco has certified a class-action lawsuit against Costco Wholesale Corp. that involved allegations of gender discrimination in the store's promotion practices. โ€œCostco offers numerous competing explanations for the...

Warner Bros. Suing Amazon Sellers for Copyright Infringement
September 26, 2012

Warner Bros. has refreshed its legal campaign against Amazon.com sellers it's accusing of selling unauthorized copies of its films and television shows in violation of the company's intellectual property rights. In a wave of lawsuits filed earlier this month, the entertainment giant charged a bevy of Amazon sellers with copyright infringement over the sale of its titles in the DVDs and BluRay formats.

RadioShack CEO steps down
September 26, 2012

(Reuters) - U.S. consumer electronics chain RadioShack Corp RSH.N said Chief Executive James Gooch will step down from his position, effective immediately. The company's said its board is conducting a search for a successor and would not rule out...

Macy's Ranked No. 1 Online Retailer of 2012
September 26, 2012

Think tank L2 has released its annual Digital IQ Index, which ranks 76 specialty retail brands on factors including website, e-commerce experience, digital marketing, social media and mobile. This year, L2 says the real game changer in digital retail is mobile. According to the report, "82 percent of users report using their mobile devices in-store, leading to a showrooming effect, where users experience product in-store but purchase via mobile." L2 predicts m-commerce will grow at a rate of 30 percent to 40 percent a year compared to online and brick-and-mortar retail.

Victoria's Secret pulls Sexy Geisha
September 26, 2012

(CNN) - Joz Wang doesn't buy things at Victoria's Secret - overpriced, she says, though she occasionally strolls through the store known for racy lingerie sported on runways and in catalogs by sexy, sultry models. But even if she could spare the money,...

Finish Line Checkout Goes Mobile
September 26, 2012

The Finish Line will launch VeriFone's mobile checkout and multimedia-driven countertop payment solutions. The systems will be deployed throughout all 638 locations by mid-November.

Wet Seal says proxy advisors oppose Clinton Group proposal
September 26, 2012

Foothill Ranch, Calif. -- The Wet Seal said that two independent proxy advisors, Institutional Shareholder Services and Egan-Jones Proxy Services, recommended that the chainโ€™s shareholders reject efforts by Clinton Group to replace six members of the...

Retail group expects record Halloween spending
September 26, 2012

Halloween has become a holiday for the masses, retailers are happy to say, with more Americans than ever planning this year to decorate homes, dress up, attend or throw a party or take kids trick or treating. A consumer spending survey done for the...

Haggar Names Two Members of its New Leadership Team - Press Releases
September 25, 2012

DALLAS , Sept. 25, 2012 /PRNewswire/ -- Haggar Clothing Co. announced that it has filled two key roles on its executive committee with the selection of Rich Honiball as the new SVP for Marketing, Licensing and E-Commerce and the promotion of Nanditha...

ICSC: Holiday chain store sales to rise 3%
September 25, 2012

New York -- A holiday preview report released Tuesday by the International Council of Shopping Centers said that sales are forecasted to rise 3% during the traditional November-December 2012 holiday period. Additionally, ICSC said it anticipates that...