Legal
REI workers, represented by the United Food and Commercial Workers International Union (UFCW)/Retail, Wholesale and Department Store Union (RWDSU), held coordinated actions across eight states this past weekend in response to the retailer’s decision to unilaterally restructure jobs and working conditions in all of its stores. REI failed to meet its legal responsibility to negotiate with…
Overstock.com, Inc., which operates as Bed Bath & Beyond, today announced that it will change its corporate name to Beyond, Inc. effective Nov. 6, 2023. The company will also transfer its stock listing from the Nasdaq Global Market (NASDAQ) to the New York Stock Exchange (NYSE) and change its ticker symbol from OSTK to BYON. Following…
Rite Aid filed for Chapter 11 bankruptcy protection in New Jersey on Sunday and said it would begin restructuring to significantly reduce its debt. The company said it reached a deal with creditors on a restructuring plan that includes evaluating its retail footprint and closing underperforming locations. Rite Aid also said lenders agreed to extend $3.45 billion…
Showfields filed for Chapter 11 bankruptcy protection, just a few weeks after closing its Manhattan and Miami stores, reports Forbes. Designed as a lifestyle and discovery store to make the retail experience more interactive and engaging, the retailer positioned itself as “the most interesting store in the world” when it launched in 2019. Showfields has approximately $3,117.58…
The Federal Trade Commission (FTC) and 17 state attorneys general filed a sweeping antitrust lawsuit against Amazon.com Tuesday seeking to bar the company from allegedly abusing its powers to raise prices for shoppers and levy high fees against businesses that sell on its platform. The lawsuit, filed in Western Washington district court, marks a historic political…
Rite Aid is negotiating terms of a bankruptcy plan that could see a significant number of its more than 2,100 drugstores permanently close, according to a report. People familiar with the company's talks with creditors told The Wall Street Journal that Rite Aid has proposed to close as many as 500 stores in bankruptcy, and either sell…
If you've spent any time at a major retailer recently you know the holiday season is rapidly approaching. Retailers all over the United States are preparing for what's typically their busiest time of the year. However, this year, retailers are finding it difficult to find qualified employees to fill their seasonal hiring needs due to…
Everyone loves parody products, those clever almost-branded gifts that draw in a customer, whether online or in a brick-and-mortar store. Everyone, that is, except the trademark owner. In a recent trademark case, the U.S. Supreme Court made it easier for big brands to enforce their trademarks against joke products. The case involved Silly Squeakers, a…
Chinese e-retailer Temu has filed a new lawsuit accusing rival SHEIN of violating U.S. antitrust law in its dealings with clothing manufacturers, escalating a legal clash for dominance in the fast-fashion market. Temu filed the new case on Friday in Boston federal court. The two companies are already embroiled in litigation in Chicago federal court, where SHEIN…
Footwear makers Crocs and rival Joybees have filed competing claims against each other in U.S. court in Colorado, as the companies clash over corporate trade secrets, intellectual property and competition in the market for casual shoes. Crocs sued Joybees in federal court last Thursday, expanding on a separate lawsuit that the Colorado-based company filed in 2021.…