Legal

Shein Sues Temu Over Copyright Infringement, Fraud
August 20, 2024 at 7:18 pm

Chinese-linked fast-fashion giant Shein is suing rival Temu, alleging the retailer stole its designs and built an empire using counterfeiting, intellectual property infringement and fraud, reports CNBC. The suit, filed Monday in Washington, D.C., federal court, comes as Shein itself fends off similar allegations from a wide variety of brands and independent artists, including Levi…

Kroger Sues FTC, Calling its In-House Judges Unconstitutional
August 19, 2024 at 7:24 pm

Kroger sued the U.S. Federal Trade Commission (FTC) on Monday, seeking to block the regulator from reviewing the grocery chain's proposed $25 billion merger with smaller rival Albertsons in its in-house tribunal. Kroger called the tribunal unconstitutional, saying the matter should be resolved in a federal court. The lawsuit filed in Cincinnati comes a week…

LL Flooring Files Bankruptcy, Will Close 94 Stores
August 14, 2024 at 3:21 pm

LL Flooring has announced that it will close 94 stores in more than 30 states as it filed for chapter 11 bankruptcy. The company, formerly known as Lumber Liquidators, said that it is nearly $110 million in long-term debt in filings made in Delaware bankruptcy court on Sunday. The Richmond, Virginia-based company said in the filings…

Cracking Down or Smart Compliance? Navigating the Tightening Grip of Entry Type 86 Regulations
August 14, 2024 at 11:32 am

Stricter Enforcement of the ACE Entry Type 86 program In response to findings of counterfeit goods, illegal substances and misclassified shipments, U.S. Customs and Border Protection (CBP) is intensifying enforcement of the ACE Entry Type 86 program, which exempts U.S.-bound shipments valued under $800 from duties and taxes. Now, Entry Type 86 needs to be…

Conn's HomePlus Announces Bankruptcy Filing, Store Closures
July 24, 2024 at 3:34 pm

Conn's HomePlus, the Texas-based home goods, furniture and electronics retailer, filed for Chapter 11 bankruptcy on Tuesday and is closing 73 of its 170 stores, multiple news outlets reported. The closures and bankruptcy filings come after a year of lost profits for Conn's — the company ended 2023 with a year-over-year net loss of nearly…

Amazon, Better Business Bureau File Joint Lawsuit Targeting Fake Reviews
July 22, 2024 at 6:33 pm

Amazon.com and the Better Business Bureau filed a lawsuit last week against a business called ReviewServiceUSA.com that allegedly facilitated the sale of fake, positive reviews on Amazon product listings and Better Business Bureau profile pages. “In exchange for a fee, defendants or their agents used customer accounts that they control to post fake product reviews on…

Under Armour to Pay $434M to Settle Lawsuit Over Sales Disclosures
June 24, 2024 at 9:00 pm

Under Armour on Friday said it has agreed to pay $434 million to settle a 2017 class action lawsuit accusing the sports apparel maker of defrauding shareholders about its revenue growth in order to meet Wall Street forecasts. The proposed settlement, subject to court approval, averts a scheduled July 15 trial in Baltimore federal court.…

Where the Song-Beverly Credit Card Act Meets Internet Pixel Litigation
June 10, 2024 at 6:18 pm

Retailers have had to contend with California’s Song-Beverly Credit Card Act since 1971. Among other things, this law set limits on what information retailers can and cannot collect at the point of sale. A 2011 decision by the California Supreme Court saw a wave of class action lawsuits against retailers in the early part of…

Walmart, Capital One End Consumer Credit Card Agreement
May 28, 2024 at 6:30 pm

Capital One Financial will no longer be the exclusive issuer of Walmart-branded credit cards, the companies said on Friday, as they scrapped their agreement following disputes, reports Reuters. The world's largest retailer had accused Capital One of being too slow in updating transactions in cardholders' accounts and failing to promptly replace lost cards. Walmart partnered…

Is the New York Fashion Sustainability and Social Accountability Act Gaining Steam?
May 23, 2024 at 3:51 pm

The New York Fashion Sustainability and Social Accountability Act (Fashion Act) is back on the agenda of the New York State Legislature. Introduced in 2022, and then reintroduced in 2023, the bill seeks to level the playing field among fashion companies by requiring improved due diligence on both environmental and human rights issues. The Fashion…