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$20 Million Facebook Privacy Settlement Rejected by Judge
August 20, 2012

A federal judge has rejected Facebook's settlement offer in a class-action privacy lawsuit over the use of users' names and faces in "Sponsored Stories" advertisements. With Sponsored Stories, which rolled out in January of 2011, your "likes" on a brand's page can result in your name and profile picture being shown as endorsements in that brand's advertisements on the site. Users were not given an option to opt-out of the feature.

Nordstrom Rolling Out 1,500 Mobile Devices to Rack Stores
August 20, 2012

Following tests that showed mobile point of sale (POS) successfully sped up the checkout process in its Rack stores, Nordstrom will roll out approximately 1,500 of the devices to its 110 Rack units by the end of this year's third quarter. This deployment is in addition to the mobile POS technology already in use in Nordstrom's 117 full-line stores. "We are constantly adding to the functionality of our mobile point-of-sale devices and their use in our stores is increasing," said Nordstrom president Blake Nordstrom during a recent conference call discussing second-quarter financial results. 

Court erases $3.6M verdict in Wal-Mart land fight
August 20, 2012

FRANKENMUTH, Mich. - An appeals court has thrown out a $3.6 million verdict in favor of a family that wanted to sell land for a Walmart store in Frankenmuth, Mich. The court found problems with the verdict form. The court said Monday a new trial should...

Barnes & Noble To Launch Nook In The UK
August 20, 2012

is expanding its Nook business to the UK. The book retailer will begin sell its eReaders through the storefront www.nook.co.uk in mid-October. The store will launch with the Nook E Ink๏ฟฝ Readers ? the Nook Simple Touch๏ฟฝ and Nook Simple Touch with...

President of Bebe stores resigns
August 20, 2012

Brisbane, Calif. -- Women's apparel retailer Bebe stores Inc. said Emilia Fabricant, president, has resigned from the company for personal reasons. Her duties have been taken over by chairman and CEO Manny Mashouf and Renee Bell, the company's head of...

Urban Outfitters Q2 profit up 8%; tops Street
August 20, 2012

Philadelphia -- Urban Outfitters Inc.โ€™s profit for the second quarter rose 8% to $61.3 million from $56.7 million in the year-ago period, helped by strong sales as its namesake stores. Total company net sales for the quarter, ended July 31, rose by 11%...

Hollister going to Australia - Stores
August 20, 2012

Hollister , belonging to the apparel giant Abercrombie & Fitch, will head to Australia and is planning to open its first store next year. The brand will also debut in the Middle East, as the company announced during an annual earnings conference call. ...