Regulatory Wrap-Up: Weekly review of retail-related legislative developments-Feb. 11New Jersey increases the minimum wage to $15/hr by 2024, with first increase occurring on July 1, 2019. It also incrementally increases the state’s tipped wage to $5.13/hr by 2024. Toys ‘R’ Us looks for comeback under new nameToys “R” Us is back — sort of. Staples makes another acquisition Staples continues to strengthen its service offerings. Done Deal: Lord & Taylor flagship sold One of New York’s landmark retail buildings has a new owner. Payless ShoeSource reportedly preps for bankruptcy Payless ShoeSource may be taking its second trip to bankruptcy court in less than two years. Publix promotes company vet to VP of manufacturing A familiar face is assuming the role of VP of manufacturing at Publix Super Markets. Shopko to close 250 more stores Following a January Chapter 11 filing, Shopko is shuttering 251 stores on top of the 38 locations it previously announced would close. Amazon places interest in autonomous vehicles with investment Amazon is taking its involvement with self-driving vehicles to a new level by funding a startup. Skechers runs strong in Q4; bullish on guidance Strong global sales gave a big boost to Skechers in the fourth quarter. Sears will stay in business as judge approves Eddie Lampert’s bid Sears Holdings Corp. has been given a lifeline. CPG forecasts stellar year for retailers Wage and job growth are expected to translate into good news for retailers in 2019. Analysis: Tapestry needs more compelling product to drive up revenue Although Tapestry traded well in 2018, these results show that it stumbled during the most important retail period at the end of the year. First Previous 504 505 506 507 508 Next Last
