Legal

No Other Bids Received for Jo-Ann Stores
February 16, 2011

Fabric and craft store chain Jo-Ann Stores said that after a nearly two-month "go-shop" period, it's received no other takeover bids, and therefore will ask shareholders to vote on the company's proposed $1.6 billion sale to Leonard Green & Partners LP.

Amid Bankruptcy, Blockbuster Deploys 3,000 Kiosks
February 15, 2011

Blockbuster plans to cash in on the DVD rental kiosk trend in 2011 by installing 3,000 more of its Express kiosks, even as the retailer closed stores and filed for Chapter 11 bankruptcy protection in September.

Amazon Closing Texas Center Amid Dispute
February 11, 2011

Online retail giant Amazon.com is closing a suburban Dallas distribution center and scrapping plans to expand Texas operations after a dispute with the state over millions of dollars in sales taxes, an executive informed employees in an email obtained by The Associated Press.

Illinois Attempting to Tax E-Commerce
February 8, 2011

Illinois is dangerously close to making an already challenging economy even more difficult for thousands of small businesses with a new e-commerce tax. Lawmakers recently passed the measure without regard for the potential impact on Illinois' technology businesses.

Children's Clothing Chain Rugged Bear Declares Bankruptcy
February 7, 2011

Rugged Bear, which operates 32 children's clothing stores, joins fellow retailers Anchor Blue, Orchard Brands and Ultimate Electronics in the bankruptcy courts in 2011. The retailer has $10 million to $50 million in debt and assets in the same range, according to court documents.

Judge Denies eBay's Motion to Dismiss Craigslist Lawsuit
February 7, 2011

San Francisco Superior Court Judge Richard Kramer denied eBay's motion to dismiss a lawsuit filed by Craigslist in 2008, and rejected eBay's contention that the lawsuit was precluded by the findings of a Delaware court.

BJ's Wholesale Confirms it's for Sale
February 4, 2011

BJ's Wholesale Club said that it's decided "to explore and evaluate strategic alternatives, including a possible sale of the company." That only confirms what the market has known for months: there's an auction going on for the retailer.

Wal-Mart Reaches Deal With NYC Construction Union
February 3, 2011

Wal-Mart has reached a deal in principle with the Building and Construction Trades Council of Greater New York that guarantees union workers will construct or renovate any stores that the retailer opens in the city during the next five years. The deal is a coup for Wal-Mart, which faces stiff opposition from grocery and retail unions worried that the retailer's entry into the New York City market will put downward pressure on the salaries of their members.