Legal

Target Corp. said the company’s restroom policy did not hurt its traffic, according to a Wednesday note published by Cowen & Co. that recaps a meeting with Target Chief Financial Officer, Cathy Smith. Target conducted data analysis and, according to the Cowen note, the company doesn't believe that the policy had an impact on traffic. “Target noted…

New rules around overtime pay will be implemented in one fell swoop across the U.S. come December. But the ripple effects are expected to be far less uniform. Instead, the change is expected to put greater pressure on those retailers with a large number of small stores in low-cost markets, where companies will be required to…

As you've probably heard by now, President Obama announced the Department of Labor’s final rule updating the overtime regulations for middle-class workers yesterday. While the White House said the ruling is expected to boost wages for workers by $12 billion over the next 10 years, it's not going over well with many business associations, including the…

A federal judge has dismissed two counts in a lawsuit the Navajo Nation filed against clothing retailer Urban Outfitters Inc. U.S. District Judge Bruce Black in New Mexico says the tribe didn't show that the "Navajo" mark is famous. Black wrote Friday that few courts have found trademarks to qualify as "famous." The legal definition must be…

L Brands’ lingerie chain Victoria's Secret has settled a copyright infringement suit by Debra MacKinnon, the principal of intimate apparel company Zephyrs and inventor of a kidney-shaped, silicone bra insert. The suit, filed in January in U.S. District Court for the Southern District of New York, said that MacKinnon came up with the idea for the…

Staples and Office Depot said Tuesday they're scrapping their planned $6.3 billion merger after a federal judge blocked the deal, saying the government had made the case that the combination would likely hurt competition in office supplies. The Federal Trade Commission had sought to block the merger of the last two national office-supply chains. It contended…

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Struggling teen apparel retailer Aeropostale filed for Chapter 11 bankruptcy protection on Wednesday, succumbing to years of losses as shoppers moved on to fast-fashion retailers and online competitors. Aeropostale said it plans to finance its operations during its bankruptcy through a $160 million loan from Crystal Financial LLC combined with operating cash flow, according to a…

Grocery chain operator Fairway, which has lost money in every quarter since it went public in 2013, filed for Chapter 11 bankruptcy protection on Monday in a New York court. Fairway listed assets in the range of $100 million to $500 million, and liabilities of $100 million to $500 million, according to a court filing. The…

In a legal battle that could influence existing federal tax policy, South Dakota is suing four big internet retailers to force them to comply with the state’s new remote seller sales tax law. On March 22, South Dakota Gov. Dennis Daugaard signed Senate Bill 106 into law. It requires out-of-state online retailers that sell a minimum…