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PayPal Raises Fees 32% for Some Merchants
August 28, 2015 at 11:34 am

PayPal is raising fees by up to 32 percent with the elimination of volume discounts. Sellers on eBay are particularly hit hard as the marketplace limits which payment methods they can offer for eBay transactions — and eBay just revealed yesterday it will no longer accept ProPay or Skrill, leaving many sellers in a tight…

Christmas in August: Wal-Mart to Launch Layaway Plan
August 28, 2015 at 11:27 am

The calendar may still say summer, but retail giant Wal-Mart is encouraging consumers to get in the Christmas spirit now. With Labor Day more than a week away, the world's largest retailer is scheduled to launch its holiday season layaway plan four months before Dec. 25. Starting today, two weeks earlier than it did last season, Wal-Mart…

Spirit Halloween Faces Outcry Over Caitlyn Jenner Costume
August 28, 2015 at 11:16 am

The largest chain of specialty Halloween stores in the country is facing public outcry after announcing it would be carrying a Caitlyn Jenner costume for this year’s holiday. Advocates for transgender rights and everyday shoppers alike are calling on seasonal retailer Spirit Halloween to rethink its decision to sell a costume in Jenner’s likeness.  

RadioShack Tentatively Settles Gift Card Dispute
August 27, 2015 at 12:14 pm

The old adage about looking a gift horse in the mouth may have a corollary regarding gift cards issued by retailers: use it or lose it. In the latest case of gift card holders caught up in the bankruptcy of a major retailer, attorneys on Wednesday outlined a plan under which some holders of RadioShack gift…

Chico's Plans to Sell Boston Proper
August 27, 2015 at 12:11 pm

Chico's, in the midst of cost-cutting plans, reported better-than-expected revenue and adjusted earnings for its latest quarter Wednesday, though bottom-line profit took a sharp fall. The women's retailer also said it would sell its Boston Proper direct-to-consumer business and close its existing 20 stores. Earlier this year, Chico's said it was shoring up its finances by lowering…

Wal-Mart to End Sales of Assault-Style Rifles in U.S. Stores
August 27, 2015 at 12:03 pm

Wal-Mart said on Wednesday that it would no longer sell high-powered rifles in its stores in the United States. The decision followed years of public pressure on the retailer to stop selling some of the most lethal weapons associated with many of the nation’s mass shootings. The move predated the fatal shootings of two TV journalists…

Gap is Latest Company to Phase Out On-Call Scheduling of Employees
August 27, 2015 at 11:57 am

Facing increasing pressure to curb erratic scheduling practices, Gap announced that it would stop requiring employees to make themselves available for last-minute shifts. The move makes Gap the latest retailer to move away from “on-call scheduling,” which regulators, workers’ rights groups and some academics say is detrimental to employees and their families.  

Amazon Lays Off Engineers, Curbs Hardware Development After Fire Phone Flop
August 27, 2015 at 11:51 am

Amazon.com has laid off "dozens" of engineers who worked on its failed Fire phone as part of a broader curtailment of its hardware development center, Lab126, according to a report in The Wall Street Journal. The company is also said to be stopping or slowing projects, including a 14-inch tablet codenamed Project Cairo, a projector…

Best Buy to Expand Sales of Apple Watch to All Stores
August 26, 2015 at 12:04 pm

The Apple Watch appears to be a hit at Best Buy. To capitalize on that demand, the electronics retailer plans to carry the smartwatch in all its stores by the end of next month. Best Buy will sell the Apple Watch in 900 stores starting September 4, CEO Hubert Joly said during the company's earnings call…

Amazon Will Bring You Booze in One Hour, Starting in Seattle
August 26, 2015 at 11:59 am

Finally, a really good reason to use Amazon.com's one-hour delivery service. The e-commerce company has started to offer one- and two-hour delivery of beer, wine and liquor with the launch of its Prime Now service in the Seattle area, the company announced yesterday. Seattle is the first U.S. city to have booze delivery made available through…