Legal
Revlon filed for Chapter 11 bankruptcy protection on Wednesday evening as it grappled with a cumbersome debt load and a snarled supply chain. The cosmetics giant said it expects to receive $575 million in debtor-in-possession financing from its existing lender base, which will help to support its day-to-day operations. The filing โwill allow Revlon to offerโฆ
The union backing organizing efforts at Starbucks is creating a $1 million fund to cover lost pay for baristas who go on strike, giving workers more firepower in their fight to unionize. The financial backing comes amid a nationwide unionization push that has already included workers at some Starbucks locations staging walkouts and strikes. Once itโsโฆ
Walmart and its big-box warehouse subsidiary Samโs Club are suing rival retailer BJโs Wholesale Club, accusing BJ's of stealing technology that powers a popular self-checkout option in the Samโs Club mobile app. The lawsuit, filed in federal court this week, claims Walmart worked for years to develop Scan & Go, a feature that lets Samโs Clubโฆ
A House Committee is urging the Department of Justice (DOJ) to investigate Amazon.com over what lawmakers contend is potentially criminal obstruction of Congress, reports CNBC. In a letter sent Wednesday and addressed to Attorney General Merrick Garland, a bipartisan group of lawmakers alleged that Amazon repeatedly misled the House Judiciary Committee throughout a 16-month probe intoโฆ
The landmark California Consumer Privacy Act (CCPA) and California Privacy Rights Act (CPRA) data privacy legislation is certainly good news for California consumers, who can now control how their personal data is collected and processed. For companies doing the data collection, however, CCPA/CPRA is a wake-up call, alerting them to potential prosecution and crippling finesโฆ
The Supreme Court on Thursday blocked the Biden administration from enforcing its sweeping vaccine-or-test requirements for large private companies, but allowed a vaccine mandate to stand for medical facilities that take Medicare or Medicaid payments. The rulings came three days after the Occupational Safety and Health Administrationโs (OSHA) emergency measure for businesses started to take effect. Theโฆ
Nike on Wednesday filed a lawsuit accusing lululemon athletica of patent infringement over the apparel makerโs at-home Mirror fitness device and related mobile applications, reports CNBC. Nike claims that in 1983, it invented and filed a patent application on a device for determining a runnerโs speed, distance traversed, elapsed time and calories expended. It hasโฆ
The National Retail Federation (NRF) on Friday expressed disappointment about the 6th Circuit U.S. Court of Appealsโ decision to lift the stay for the Occupational Safety and Health Administrationโs (OSHA) COVID-19 employer-based vaccination and testing mandate. The mandate requires businesses with at least 100 employees to have them vaccinated or face weekly COVID-19 tests and facemaskโฆ
Retail operations have had to change drastically over the last year or so. The pandemic pushed more commerce online and has since accelerated omnichannel commerce as consumers demand flexibility in their shopping experiences. In fact, nearly 90 percent of retailers agree that a seamless omnichannel strategy is critical for business success. However, for omnichannel strategiesโฆ
The New York attorney general is going after Amazon.com, accusing the e-commerce giant of rolling back protocols for COVID-19 in at least one of its warehouses. New York Attorney General Letitia James sought an emergency court order on Tuesday, saying Amazon's decision on COVID-19 safety leaves employees at a higher risk of exposure to the coronavirus. Jamesโฆ