Legal

eBay, Etsy, Mercari, OfferUp, Poshmark Unite Against Seller Transparency
March 30, 2021 at 7:20 pm

Online marketplaces eBay, Etsy, Mercari, OfferUp, and Poshmark have launched "the Coalition to Protect America's Small Sellers" or the PASS Coalition, in opposition to a federal bill aimed at curtailing sales of fake and stolen goods through online marketplaces, reports Yahoo Finance. The federal bill in question is the bipartisan INFORM Act, which was introduced inโ€ฆ

Former Gap CEO Art Peck Launches SPAC, Targets Fashion Brands
March 25, 2021 at 5:23 pm

Earlier this week, former Gap Inc. CEO Art Peck filed with the Securities and Exchange Commission to raise money for a special purpose acquisition company (SPAC). Peckโ€™s SPAC, Good Commerce Acquisition Company, plans to buy companies that sell apparel, accessories, home goods, among other products. "Our objective is to create a next-generation consumer holding company by combiningโ€ฆ

How Retailers Can Stem the Tide of COVID-19-Related Litigation
March 11, 2021 at 7:44 pm

In this episode of Retail Right Now, Total Retail's Ashley Chiaradio and Kristina Stidham discuss an article recently published on Total Retail titled, โ€œThe Wave of COVID-19-Related Litigation for Retailers is Looking Like a Tsunami,โ€ authored by Carrie Gonell and Kate McGuigan, partners at Morgan, Lewis & Bockius LLP. The authors discuss how retailers canโ€ฆ

The Wave of COVID-19-Related Litigation for Retailers is Looking Like a Tsunami
March 4, 2021 at 3:45 pm

Retailers, in response to the global pandemic, have spent the last year in a balancing act to keep their employees safe, their businesses afloat, and their policies compliant with ever-changing and sometimes conflicting federal, state, and local laws and orders. Despite these efforts, employers are facing not only pre-litigation demands and threats, but also litigationโ€ฆ

Steps Retailers Can Take to Minimize Their COVID-19 Liabilities
February 24, 2021 at 2:48 pm

In 2020, the COVID-19 pandemic caused many retailers to temporarily close their doors or operate at minimum capacity, proving to be the most trying year for retailers in recent memory.  However, as the first rounds of vaccines are being rolled out across the nation, there appears to be some positive news along with the expectationโ€ฆ

Department Store Chain Belk to File for Bankruptcy
January 28, 2021 at 7:16 pm

Belk, the North Carolina-based department store chain which has catered to generations of shoppers for nearly 190 years, announced Tuesday it will file for Chapter 11 bankruptcy. The chain's owner, private equity firm Sycamore Partners, said in a news release that Belk will continue with "normal operations" as it goes through bankruptcy, The Charlotte Observerโ€ฆ

Top Sales Tax Changes of 2021
January 28, 2021 at 4:35 pm

As one of the most dynamic sources of state and local revenue, sales tax is subject to frequent change. Each year, Avalara explores emerging trends in its annual sales tax changes report. In 2021, we expect to see additional COVID-19 tax relief programs, new economic nexus and marketplace facilitator laws, and more state efforts toโ€ฆ

Christopher & Banks Files for Bankruptcy, Expects to Close Stores
January 14, 2021 at 6:00 pm

Apparel retailer Christopher & Banks, which caters to women over 40, is the latest clothing chain to file for bankruptcy protection amid the coronavirus pandemic. The Minneapolis-based company announced Thursday it filed for Chapter 11 bankruptcy protection. Christopher & Banks said in a press release it "expects to close a significant portion, if not all, of its brick-and-mortar stores." Hours after the bankruptcyโ€ฆ

Proposition 24: The Impact of Californiaโ€™s New Consumer Privacy Law on Retail Businesses
January 14, 2021 at 4:56 pm

Californiaโ€™s Proposition 24, which expands the stateโ€™s consumer privacy law, was passed by voters on Nov. 3, 2020. Starting January 2023, the new law, called the California Consumer Privacy Rights Act (โ€œCCPRAโ€) will take effect and allow consumers more control over how businesses collect and use their personal information. Today, advancements in technology allow retailersโ€ฆ

Now More Than Ever, Retailers Need Data to Make Informed Retail Real Estate Decisions
January 13, 2021 at 5:23 pm

COVID-19 has all companies scrambling to make sense of what the future will look like for their businesses. For retailers, brick-and-mortar real estate is perhaps the most integral part, leaving many to question the best path forward should the country face an even more prolonged lockdown. Do you shutter certain stores? What's the right balance betweenโ€ฆ