Stockholder Sues Urban Outfitters Over Stock Price Decline
April 5, 2011

Urban Outfitters has been sued by a shareholder who alleges company officials misled investors before the stock declined. The lawsuit claims the retailer wrongly led shareholders to believe business was going well until March 7, when it reported earnings of 13 percent less than analysts had suggested.

Overstock Cuts Marketing Ties in States Passing Internet Sales Tax
April 5, 2011 has long opposed state laws designed to force out-of-state retailers to collect sales tax merely for using in-state ad services. The company has mounted court challenges, citing Supreme Court decisions rendering these laws unconstitutional. It also has cut ties with local advertisers in all four states passing these laws.

Study Shows Sales Tax Equals Losses
March 30, 2011

The Retail Merchants Association of New Hampshire says if the state had a sales tax, it would mean losses in revenue, sales and jobs.

Michigan Law Will Get Rid of Individual Price Tags
March 29, 2011

Michigan's unique law requiring individual price tags on most retail items is about to disappear once Gov. Rick Snyder signs the bill repealing it. The Republican governor is scheduled to sign the bill at 2 p.m. today. He first mentioned his desire to get rid of item pricing in his January State of the State address.

Harry & David Files for Bankruptcy
March 28, 2011

Harry & David, the gourmet food-gift company, filed for bankruptcy protection after reaching an agreement with lenders to trim debt. The Medford, Ore.-based retailer, owned by investment funds controlled by Wasserstein & Co., listed assets and debt of as much as $500 million each in a Chapter 11 petition filed today in U.S. Bankruptcy Court in Wilmington, Delaware. Companies use Chapter 11 of the bankruptcy code to reorganize, cut debt and continue operating.