Legal
September 26, 2017 at 10:58 am
Target is giving thousands of its employees a raise. The retailer announced this week that it will start raising its minimum wage next month to $10 an hour, and will eventually raise it to $11 an hour for all U.S. stores. "Target has always offered market-competitive wages to our team members," Brian Cornell, Target’s CEO,…
September 21, 2017 at 12:00 pm
On Wednesday, Wal-Mart Stores Inc., Target Corp. and PepsiCo Inc. joined a group of nearly 800 companies calling for U.S. legislation to protect immigrants brought into the country illegally by their parents from deportation. Reuters reports the retailers and other companies are asking Congress to pass a permanent replacement for DACA, Deferred Action for Childhood…
September 19, 2017 at 9:52 am
Toys“R”Us, one of the world’s largest toy store chains, has filed for bankruptcy protection, becoming the latest casualty of the pressures facing brick-and-mortar retailers. The company made the Chapter 11 bankruptcy filing late Monday night in federal court in Richmond, Va., acknowledging that it needed to revamp its long-term debt totaling more than $5 billion. Toys"R"Us said…
September 8, 2017 at 11:02 am
Review the top retail industry news of the week in this episode of Retail Right Now, including a potential bankruptcy filing by Toys"R"Us; Amazon.com being accused of price gouging as Hurricane Irma prepares to make landfall in Florida; and Amazon facing a class-action lawsuit over selling eclipse glasses that weren't safe for users.
September 6, 2017 at 9:55 am
A new piece of legislation working its way through Congress could alter the way commercial companies sell everyday products and services to the U.S. military and federal agencies. The bill, passed by the House of Representatives earlier this year, would allow the Pentagon and other government agencies to buy directly from online marketplaces like Amazon.com,…
September 5, 2017 at 12:54 pm
Amazon.com has been hit with a proposed class-action lawsuit by a couple who claims defective eclipse glasses purchased through the online retailer damaged their eyes. In the lawsuit, filed in federal court in South Carolina on Tuesday evening, Corey Payne and his fiancée, Kayla Harris, said they purchased a three-pack of eclipse glasses on Amazon in early…
August 31, 2017 at 10:16 am
Estee Lauder is being sued by federal regulators for discriminating against men. Bloomberg reports the cosmetic company’s parental leave policy allows new fathers to take two weeks of paid leave for “child bonding,” while new mothers get six weeks, according to a lawsuit filed Wednesday with the U.S. Equal Employment Opportunity Commission. “It's wonderful when…
August 30, 2017 at 9:37 am
Simon Property Group, the largest shopping mall operator in the U.S., is suing Starbucks Corp. over the coffee giant’s decision to close 78 Teavana stores within its malls. The lawsuit states that Starbucks is breaching its leases by closing the Teavana stores and “shirking its contractual obligations at the expense of Simon’s shopping centers and the…
August 18, 2017 at 10:23 am
Welcome to this episode of Retail Right Now. Today, Total Retail reviews Amazon's tax amnesty program for its FBA sellers, Amazon Instant Pickup, and Under Armour CEO Kevin Plank's resignation from President Trump's advisory jobs panel.
August 17, 2017 at 11:17 am
Amazon.com sellers owing an estimated $2 billion in uncollected sales taxes are being offered a chance to waive those charges. CNBC reports 13 states have come together to announce a new sales tax amnesty program for online merchants who sell on Amazon and other online sites. Starting August 17, sellers with potential tax liability can…
