Legal

Office Depot Settles Overcharging Allegations for $4.25 Million
March 9, 2011

San Francisco's mayor says the city has reached a $4.25 million settlement with Office Depot over allegations that the company overcharged for office supplies. Mayor Edwin Lee signed a Board of Supervisors resolution authorizing the settlement, which includes a $3.75 million payment and a $500,000 purchasing credit.

American Apparel Responds to Sexual Assault Suit
March 9, 2011

American Apparel has issued a statement responding to the allegations that founder Dov Charney forced a teenage employee into sex. The former employee's civil suit is asking for $250 million from the struggling company.

Skechers Sues Sears
March 9, 2011

Skechers USA has sued Sears Holdings Corp., alleging that the chain was selling footwear that infringed on some of Skechers' brands, including its toning Shape-ups line.

Sears Among the Latest to Offer Amazon Affilliates Help
March 7, 2011

Sears Holdings has joined other retailers, including Barnes & Noble, in inviting Amazon.com affiliates to work with its brand following Amazon's response to recent legislation related to collected taxes on e-commerce purchases.

Takeover Bid Rejected by Family Dollar
March 4, 2011

Family Dollar Stores said its board rejected a takeover bid by an activist investor, saying it "substantially undervalues the company." In February, Nelson Peltz's Trian Fund offered $55 to $60 per share for Family Dollar.

Loehmann's Emerges From Chapter 11 Bankruptcy
March 3, 2011

Discount retailer Loehmann's said it's emerged from bankruptcy protection, which it sought in November after its Dubai government-linked owner failed to reach a debt-extension deal with creditors. 

Wal-Mart Looks to Poach Amazon's California Affiliates Amid Tax Dispute
March 3, 2011

Wal-Mart has made a push to capitalize on Amazon’s ongoing tax troubles in California, by reaching out to the online retailer’s business partners. In a public statement, Wal-Mart said that it was “committed to supporting the affiliate programmes which help to drive Walmart.com's online business.”

J.Crew Approves Buyout Deal
March 2, 2011

J.Crew will once again be a private company after shareholders approved a $2.86 billion deal for the retailer to be acquired by TPG Capital and Leonard Green & Partners.

Amazon Threatens to Cut Ties With California Affiliates Over Tax Dispute
March 2, 2011

Amazon has threatened to sever ties with more than 10,000 affiliates in California amid a dispute with the state over proposed taxation of internet purchases. Four state proposals aimed at forcing Seattle-based Amazon to collect taxes from residents may be unconstitutional and lead to job losses, Paul Misener, Amazon’s vice president for global public policy, wrote in a letter to the California Board of Equalization.