Legal

Birkenstock Seller Files for Bankruptcy, Blames UGGs
March 6, 2018 at 11:57 am

Walking Co. Holdings Inc., seller of of Birkenstock, ABEO, Merrell and other brands of comfortable shoes, filed for bankruptcy in Delaware, blaming the loss of a key contract for UGG boots for its second restructuring. The company and its affiliates, FootSmart Inc. and sportswear apparel maker Big Dog USA Inc., also filed for bankruptcy in 2009, saying it neededโ€ฆ

Trump Administration Backs Statesโ€™ Bid to Collect Online Sales Taxes
March 6, 2018 at 11:33 am

The Trump administration on Monday said states should be able to require online retailers to collect sales taxes, backing an appeal by South Dakota at the U.S. Supreme Court that could mean billions of dollars in revenue for state coffers. South Dakota is asking the justices to overturn a 1992 Supreme Court ruling that companies with noโ€ฆ

The Supreme Court and Sales Tax: What You Need to Know
February 26, 2018 at 10:34 am

For online retailers, few issues are as confusing and cumbersome as understanding sales tax obligations in various states. Most companies either try to find an automated solution or stick their heads in the sand and hope for the best. In the face of this complexity, the Supreme Court recently agreed to hear South Dakota v.โ€ฆ

Tax Reform Provides a Rare Short-Term Opportunity for Retailers, CPGs
February 23, 2018 at 12:07 pm

As a result of the Tax Cuts and Jobs Act, which went into effect at the beginning of this year, a slew of marquee American businesses, like Home Depot, FedEx, Walmart and Disney, among many others, found themselves with new cash on hand and were prompted to reward their employees. Some companies paid their employeesโ€ฆ

Sears Threatened to Sue Illinois Over Tax Credit Dispute
February 22, 2018 at 12:58 pm

Sears Holdings Corp. CEO Edward Lampert said the struggling department store chain is โ€œfighting like hellโ€ โ€” and that includes its dealings with the state of Illinois, public records show. The Chicago Tribune reports the company threatened legal action in a months-long battle over $14.8 million in state tax credits Sears believed it earned in 2016โ€ฆ

Preparing Your Business for Adherence to Predictive Scheduling Laws
February 21, 2018 at 10:43 am

In the past two years, dozens of states, municipalities and cities have considered legislation that requires businesses that hire hourly workers, like retail stores and restaurants, to provide extra pay to employees for last-minute work schedule changes. Several major cities have enacted such measures into law, including New York City, San Francisco and Seattle. Predictiveโ€ฆ

Wal-Mart Sued Over Policy of Locking Up Specific Beauty Products
February 1, 2018 at 12:44 pm

A woman in California has filed a lawsuit against Wal-Mart over claims the company keeps products primarily used by African-Americans inside a locked glass case. Essie Grundy told reporters in Los Angeles on Friday that she felt humiliated and discriminated against when on three occasions this month she had to ask a store employee atโ€ฆ

Abercrombie Settles Employee Apparel Lawsuit for $25M
January 30, 2018 at 1:01 pm

Abercrombie & Fitch has agreed to pay $25 million to settle claims by workers that the New Albany, Ohio-based retailer forced them to buy its clothing to wear to work and didnโ€™t reimburse them. The settlement covers about a quarter-million current and former Abercrombie and Hollister hourly workers in California, Florida, New York and Massachusetts, accordingโ€ฆ

Nine West Could Be Next Retailer to File for Bankruptcy
January 25, 2018 at 11:40 am

Apparel retailer Nine West Holdings and its creditors are close to finishing a deal to restructure more than $1 billion of debt, which includes filing for bankruptcy and divesting parts of the business, Bloomberg reported Wednesday, based on conversations with people familiar with those talks. This strategy would include asset sales to pay off creditors, where Nineโ€ฆ

Apple Announces Moves Partially Tied to New Tax Bill
January 19, 2018 at 11:16 am

Apple yesterday announced a sweeping set of moves partially tied to the recent tax bill, including paying $38 billion in taxes from profits made overseas as required by recent changes to the tax law.; creating more than 20,000 new jobs at existing Apple campuses and a new corporate campus it plans to build; and pledgingโ€ฆ