Legal

Pep Boys to Be Acquired by Gores Group for $791M
January 31, 2012

Pep Boys has agreed to go private in an acquisition by Gores Group valued at about $791 million after the auto parts retailer's previous attempts to sell itself were unsuccessful.

Amazon Notifies South Carolina Shoppers of Sales Tax Owed
January 30, 2012

Amazon is putting its customers in South Carolina on notice that they're responsible for paying sales taxes on purchases they made with the online retailer last year. Amazon doesn't collect sales taxes on merchandise shipped to South Carolina, as it doesn't in most states.

No Hiding the Truth: SMB Merchants Increasingly a Target of Fraud
January 30, 2012

It's estimated that small and medium-sized businesses (SMBs) lose upwards of $66,000 annually through fraud. An increased awareness of fraud among large merchants has forced fraudsters — those individuals who perpetrate crimes against retailers — to switch their attention to small businesses that provide an easier target because of the lack of safeguards they have in place.

H&M Rips Off Atlanta Artist, Does Damage Control on Facebook
January 26, 2012

Back in 2008, illustrator and designer Tori LaConsay painted a sign as a love letter to her neighborhood in Atlanta that read "You Look Nice Today" followed by a little heart. Now H&M has apologized on its Twitter and Facebook for copying the design.

Former Executives Accuse Apple of Ignoring Supplier Labor Abuses
January 26, 2012

The New York Times has examined the "human costs" that go into the iPad and other such devices, drawing upon interviews with several dozen "current or former employees and contractors, including a half-dozen current or former executives with knowledge of Apple's supplier responsibility group."

Zooey Deschanel Cancels Steve Madden Lawsuit Over Shoe Endorsement Deal
January 25, 2012

Zooey Deschanel isn't kicking shoe retailer Steve Madden around in court anymore over a $2 million endorsement deal. Last week, the "New Girl" star filed a motion to dismiss a lawsuit that claimed she was never paid any money for the use of her name and likeness in connection with its shoes and accessories.

Retailers File Antitrust Suit to Fight Credit Card Fees
January 24, 2012

Several months after successfully getting debit card transaction fees capped, retailers are taking aim at credit card transaction fees. According to TheStreet, 5 million retailers have filed an antitrust lawsuit against Visa, MasterCard and 13 other large banks.