Legal

BJ's Wholesale Confirms it's for Sale
February 4, 2011

BJ's Wholesale Club said that it's decided "to explore and evaluate strategic alternatives, including a possible sale of the company." That only confirms what the market has known for months: there's an auction going on for the retailer.

Wal-Mart Reaches Deal With NYC Construction Union
February 3, 2011

Wal-Mart has reached a deal in principle with the Building and Construction Trades Council of Greater New York that guarantees union workers will construct or renovate any stores that the retailer opens in the city during the next five years. The deal is a coup for Wal-Mart, which faces stiff opposition from grocery and retail unions worried that the retailer's entry into the New York City market will put downward pressure on the salaries of their members.

Hermes Sues Over Copied Design
February 1, 2011

Thursday Friday, an accessories company, is being sued by Hermes for copying its Birkin bag design. We're not talking about replica handbags here — we're talking about a picture of the Birkin bag itself.

China Fines Wal-Mart For Overpricing
January 27, 2011

China said it's fining Wal-Mart and Carrefour stores up to $75,900 for overpricing, expressing concerns about price inflation ahead of the impending Lunar New Year holiday. A statement posted on the National Development and Reform Commission website listed about a dozen stores across the country that engaged in overpricing, noting high charges on items ranging from underwear to dumpling powder.

Retailers Say Item Pricing Adds $2.2B to Costs
January 26, 2011

Michigan retailers took aim at the state's strict item-pricing law, releasing a study that concludes the regulation adds $2.2 billion to retail costs without providing tangible benefits to consumers.

Lush's Hacked Website Costs its Customers
January 25, 2011

The security of online payment has been put under the spotlight with the news that the Lush.co.uk e-commerce website has been taken down following attacks by hackers. Experts say it seems the site was "riddled with vulnerabilities."

Amazon Fights Sales Taxes in Tennessee
January 25, 2011

To persuade Amazon.com to build a distribution hub in Tennessee, state and local officials offered a package of economic incentives that included free land, job-training assistance and more than $12 million in property tax breaks.

Amazon Sues Texas Over Uncollected Sales Tax Issue
January 20, 2011

Four months after Texas officials told Amazon.com Inc. that it owes $269 million in uncollected sales taxes, the online retail giant has filed a lawsuit demanding that the comptroller's office release the audit information it used in arriving at that amount.