Legal

Retailer Joyce Leslie Files for Chapter 11 Bankruptcy
January 12, 2016 at 10:07 am

Joyce Leslie, a 69-year-old women’s clothing retailer with 47 stores in the New York metropolitan area, has filed for Chapter 11 reorganization. The company lacks a “sophisticated e-commerce platform” to compete in today’s market, it said in court papers.

$200M Takeover Bid Would Bring Dov Charney Back to American Apparel
January 8, 2016 at 9:48 am

Troubled retailer American Apparel Inc. has received a takeover bid of more than $200 million from an investor — part of a plan that would return ousted Chief Executive Dov Charney back to the company, according to a person familiar with the situation. The Los Angeles clothing manufacturer, which filed for Chapter 11 protection in October,…

Wal-Mart Sued Over Sale of Bullets Used in Pennsylvania Murders
January 8, 2016 at 9:36 am

Wal-Mart Stores, the world's largest retailer, faces a lawsuit in Pennsylvania claiming store employees negligently allowed an underage, intoxicated customer to buy a box of bullets later used to commit three murders. The lawsuit, filed in Philadelphia by families of the victims, seeks compensatory and punitive damages from Wal-Mart and several employees at its Easton, Pennsylvania,…

Walgreens, CVS Want Doctor's Medicare Pay to Vaccinate
January 4, 2016 at 10:40 am

As the nation’s retail pharmacies move deeper into the business of providing healthcare services, they now want pharmacists to be paid by Medicare to immunize the nation’s seniors. Under legislation that's gaining rare bipartisan support and momentum in the U.S. House and Senate, particularly for a Congressional health bill, pharmacists would be paid to administer…

FTC Rejects Staples’ Revised Offer on Office Depot
December 22, 2015 at 10:40 am

Staples offered to give up $1.25 billion in commercial contracts to acquire Office Depot, but federal regulators have rejected it, the company said Monday. The Federal Trade Commission, which is suing to stop the $6.3 billion merger, declined comment on Staples’ claim. Staples said it will continue its court fight to acquire its competitor headquartered…

US Warns Alibaba Again: Stop Selling Fake Products
December 18, 2015 at 10:32 am

Trade officials of the United States issued a warning to China-based Alibaba Group Holding again, as complaints continue to come in from brand owners regarding the proliferation of counterfeit goods on the e-commerce giant's online sales websites. A report released by the U.S. Trade Representative on the topic of piracy in global markets said that…

eBay and Sellers Spared in Congressional Spending Bill
December 17, 2015 at 10:57 am

Congress introduced a new spending bill this week that could avert a government shutdown, and it could also spell relief for eBay and its sellers. eBay has been urging sellers to write to Congress opposing two bills that would require online sellers to collect sales tax even in states where they don't have nexus: the…

UPS Charges USPS Illegally Subsidizes Shipping Services
December 14, 2015 at 10:00 am

If UPS has its way, it could cost more to ship a package through the U.S. Postal Service. The shipping giant is petitioning federal regulators to force the Postal Service to adjust the way it calculates its costs, arguing that the agency is using the proceeds from its monopoly First Class mail to subsidize the…

J.C. Penney Sued Over Marketing of Fiber Products
December 10, 2015 at 10:55 am

U.S. officials on Wednesday sued J.C. Penney, accusing the retailer of deceiving consumers by advertising textile fiber products as containing bamboo and bamboo fiber, when they actually contain rayon. According to a complaint filed by the Department of Justice and Federal Trade Commission, J.C. Penney in "numerous instances" deceptively advertised products such as men's socks,…