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April 25, 2016 at 10:43 am
The conservative American Family Association is urging its members to boycott Target Corp for the retailer's decision to allow transgender employees and customers to use bathrooms that correspond with their gender identity. The group accused Target of exposing women and girls to voyeurs and sexual predators with its restroom and dressing room policy, and said it…
April 22, 2016 at 11:07 am
Another unhappy ending for a flash-sale shopping site. Three months after Gilt Groupe sold for a fraction of its valuation, Amazon.com has decided to shut down its fashion discount competitor MyHabit, according to a person familiar with the move. Amazon launched the website five years ago near the height of the flash-sale craze, but MyHabit…
April 22, 2016 at 10:57 am
Gap Inc. is pulling T-shirts displaying the names of two indie rock bands from store shelves after the musicians accused the retailer of selling the items without their permission. The two groups, Cold War Kids and The Shins, discovered the items last month and notified fans that the apparel chain wasn’t authorized to sell the shirts.…
April 22, 2016 at 10:49 am
Aeropostale Inc., the teen-clothing chain that has suffered years of losses, is preparing to file for bankruptcy as soon as this month, according to people familiar with the matter. The company is looking to reorganize under Chapter 11, said the people, who declined to be identified because the matter isn’t public. Aeropostale is trying to work…
April 22, 2016 at 10:44 am
Trying to cut its way to profitability, troubled Sears Holdings announced Thursday that it will close 68 Kmart and 10 Sears stores this summer in its latest move to cut losses. Sears' move comes atop a previous announcement that it will close 50 other stores. Sales have been falling and Sears had a disappointing holiday sales season.
April 21, 2016 at 11:54 am
The U.S. lawsuit to block Staples Inc. from buying Office Depot Inc. now rests with a judge who's undercut the government's case throughout the trial. During final arguments Tuesday by the companies and the Federal Trade Commission, District Judge Emmet Sullivan needled the government about why its economic expert completed his analysis about the scope of…
April 21, 2016 at 11:47 am
Online retailer Wayfair is partnering with Seattle startup Porch.com to offer home installation and assembly services to customers who shop online. Shoppers will be able to buy furniture or home décor from Wayfair and add Porch Home Services to their order. Porch will then contact the shopper directly and schedule a time to meet a local…
April 21, 2016 at 11:38 am
When San Francisco resident Catherine Lelong recently received a delivery from Sam’s Club, she was confused: She didn’t remember having placed an order with the membership club. She was right. Lelong hadn’t placed an order from Sam’s Club, but she eventually realized that the bottle of detergent inside the box was something she had recently ordered…
April 20, 2016 at 11:53 am
American fashion may be about to experience its biggest redefinition in decades. On Tuesday, in yet another example of the upheaval in the fashion world, Calvin Klein announced that its men’s and women’s wear creative directors of more than a decade, Italo Zucchelli and Francisco Costa, were leaving the company to facilitate a “new global creative…
April 20, 2016 at 10:55 am
Privately held outdoor retailer Bass Pro Shops has partnered with Goldman Sachs Group Inc's private equity arm to make an offer for U.S. hunting and fishing store chain Cabela's Inc, according to people familiar with the matter. The move gives Bass Pro Shops the equity financing necessary to pursue Cabela's, and makes such a deal more…
