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Struggling Haggen Files for Bankruptcy Protection
September 9, 2015 at 11:21 am

Haggen says it's filed for protection from creditors while it tightens its business into a smaller, profitable footprint, signaling a surprisingly early demise for its unlikely bid to become a West Coast grocery superpower. The Bellingham, Wash.-based grocer on Tuesday filed a Chapter 11 bankruptcy petition with a U.S. court in Delaware. Haggen says its creditors…

Costco Sold Counterfeit Tiffany Engagement Rings
September 9, 2015 at 11:18 am

Costco willfully infringed Tiffany & Co's trademarks by selling counterfeit diamond engagement rings bearing the luxury retailer's name, and now must face a jury trial to assess damages, a U.S. judge ruled on Tuesday. U.S. District Judge Laura Taylor Swain in Manhattan rejected claims by Costco that Tiffany's trademarks were invalid because they sought to prevent…

Antitrust Scrutiny of Staples-Office Depot Merger Increases
September 9, 2015 at 11:15 am

The Federal Trade Commission (FTC) is stepping up its probe of Staples Inc.’s takeover of rival Office Depot Inc., seeking sworn legal declarations that could be used if antitrust enforcers decide to challenge the deal, according to people contacted by the agency. The requests for sworn statements from other market participants about the deal’s impact on the…

Google to Test Grocery Delivery Service
September 8, 2015 at 10:20 am

After years of running its Google Express service — which offers same-day delivery on merchandise and packaged foods from a variety of retailers to customers in a handful of markets around the country — the internet giant is now reportedly confident enough to try its hand at bringing fresh food and groceries to consumers’ doors. Google’s…

At Home Files for IPO
September 8, 2015 at 10:13 am

At Home Group, a chain of stores that sells furniture, rugs and other home goods, said Friday that it plans to become a publicly traded company. The company, founded in 1979, was formerly called Garden Ridge until it changed its name last year. At Home has 94 stores around the country. The retailer didn't say how many…

H&M Expands Program to Increase Pay for Asian Factory Workers
September 8, 2015 at 10:07 am

H&M, Europe’s second-largest clothing retailer, is rolling out a more generous compensation program for its Asian suppliers to improve factory conditions and combat unrest in the countries that produce the majority of its apparel. The Swedish retailer, which has 3,649 stores across 59 markets, is introducing a “fair wage method” to 68 factories in China, Cambodia…

Gap Blames Calendar for Struggling Summer Sales
September 8, 2015 at 10:01 am

Gap had another month of disappointing sales. This time it blamed this year's late Labor Day holiday. The big holiday weekend will count toward September's results rather than August, as it has the past three years. Without benefit of Labor Day, Gap reported an overall 3 percent drop in August sales from the prior year, with…

Force Friday: A Star Wars Bonanza for Toy Makers, Retailers
September 4, 2015 at 11:43 am

Hasbro, Toys ‘R’ Us, and Lego are among the companies cashing in on The Force Awakens craze. When the original Star Wars hit theaters in 1977, unprecedented demand for action figures tied to the blockbuster movie caught toy maker Kenner Products off guard, and it was forced to sell IOUs to the brand’s earliest fanatics.…

A Year Later, CVS Says Stopping Tobacco Sales Made a Big Difference
September 4, 2015 at 11:36 am

The decision to stop tobacco sales at all of its drugstores a year ago caused people to buy 1% fewer packs of cigarettes in 13 states, CVS Health says in a new study out Thursday. The new study compared total sales of tobacco products at all types of stores in the 13 states where CVS…

Gilt Needs More Than A Physical Showroom To Keep Flash Sales Alive
September 4, 2015 at 11:26 am

Gilt this week announced they will be opening “Gilt by Appointment,” an opportunity for New York-based customers to experience an in-person appointment with a personal stylist to try on and select items from Gilt’s current assortment. This is an interesting move for an online pureplay retailer, putting Gilt in the company of online peers like…