Legal

Wal-Mart Gives Women Extra Time to File Discrimination Lawsuits
July 26, 2011

Wal-Mart has agreed to give women planning to sue for sex bias an extra 90 days to file their cases, a lawyer for the company said. Wal-Mart won a ruling in June that threw out certification of a gender-bias lawsuit representing as many as 1.5 million current and former female workers. The court said the plaintiffs failed to prove Wal-Mart had a nationwide policy that led to gender discrimination.

Did Kim Kardashian Sue Old Navy to Protect Sears Deal?
July 26, 2011

Kim Kardashian's lawsuit against Old Navy may have been filed to protect a huge deal the Kardashian clan has with Sears. Kardashian said she filed suit against Old Navy because she felt they were trying to intentionally deceive people into thinking she was a spokeswoman for the company by using a girl who looked just like her in their commercials. But, TMZ reported the the suit was filed because Sears felt the Old Navy commercial compromised it's ad campaign for the Kardashian Kollection.

Fake Apple Stores Ordered to Close
July 25, 2011

Two fake Apple retail stores in the city of Kunming, China, have been ordered to close because they don't have official business permits. The stores were allegedly not in trouble for copyright infringement, but only because they didn't have the proper business licenses. Three other counterfeit Apple stores that operate without Apple's authorization remain in Kunming.

Francesca's Sets IPO Price as it Goes Public
July 22, 2011

Francesca's Holdings Corporation today announced the pricing of its initial public offering of 10 million shares of common stock at a price of $17.00 per share. The shares will be listed on the NASDAQ Global Select Market and will trade under the symbol "FRAN" beginning today.

Kim Kardashian Suing Old Navy Over Look-Alike
July 21, 2011

Kim Kardashian filed a federal lawsuit in Los Angeles against Old Navy for employing a model who looks more or less exactly like her in ads her lawyers claim “evoke [her] identity and persona.” The amorphously famous reality star “is known for her look and style,” her lawyer said in a statement. “When her intellectual property rights are violated, she intends to enforce them.”

Costco Looks Into Liquor Sales Initiative
July 19, 2011

Costco Wholesale hasn't given up on the idea of selling liquor in Washington. Having lost last year at the polls, the country's third-largest retailer is back with another initiative for voters to consider. Initiative 1183, which is likely to be on the ballot this fall, resembles last year's effort in that it would push the state out of the liquor business, forcing it to auction off its stores and distribution center.

Borders to Shut Down For Good After Deal Collapses
July 19, 2011

Borders decided to liquidate its remaining 399 stores, conceding a battle with competitors, technology and itself. A bid by Najafi Cos. fell apart last week and with no other takers, Borders had no choice, said Paul Magy, an attorney who represents 28 landlords with Borders stores.

Borders Closer to Liquidation as Deadline Passes Without Bidder
July 18, 2011

Borders is getting closer to going out of business. The bookseller received no additional bids after a Sunday deadline passed, The Wall Street Journal reported today. Borders was in talks with a Birmingham, Ala., bookstore chain called Books-A-Million, but there were no details about the negotiations.