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Legislative, Regulatory & Legal

  • Shakeup at American Apparel: CEO to step down

    Photo: Paula Schneider    The saga continues at American Apparel.   Paula Schneider plans to step down as CEO of the apparel retailer on Oct. 3, according to yahoo.com, which cited a report by Women’s Wear Daily. Schneider will be replaced by the company’s general counsel and chief administrative officer, Chelsea Grayson.  

  • NRF files lawsuit against new overtime rule

    The National Retail Federation filed suit in U.S. District Court on Wednesday on behalf of the millions of employers and employees who it said will be drastically affected if the Labor Department’s changes to the federal overtime rules go into effect on Dec. 1.   Retailers have argued that the new rule will force employers to reduce hours and base pay in order to make up for increased payroll costs.  

  • Report: EMV adoption remains sluggish

    Chip-based payment terminals seem to be everywhere. But that does not mean they are being used the way they intended.    However, almost a year after the imposed Europay, MasterCard, Visa (EMV) mandate deadline, barely one-third of retailers actually accept chip-based payments, according to an infographic from The Strawhecker Group (TSG).  

  • Long-delayed American Dream mall moves closer to reality

    The nearly 3 million-sq.-ft. American Dream retail and entertainment center in the New Jersey Meadowlands has moved one step closer to completion.   On Thursday, the New Jersey Sports and Exposition Authority, which owns the site, voted for a second time to issue $1.15 billion in bonds to finance the completion of the long-delayed project after a non-profit group had threatened to file a law suit to block the sale, NorthJersey.com reported.   

  • Walmart Canada ratchets up battle with Visa

    Walmart Canada is extending its ban on accepting Visa credit cards.   The discounter said it will stop accepting Visa credit cards at all 16 of its stores in Canada’s Manitoba province starting on Oct. 24.   

  • Commentary: Employers need to pay attention

    In case you missed it, a national Higher Ground Moral Day of Action took place Monday at 30 state capitols across the country and in Washington, D.C. An organization of national and local progressive faith leaders called Moral Revival planned the events to deliver their "Higher Ground Moral Declaration." They called on politicians at all levels “to move away from extremist politics and policies that benefit the few and move toward policies and laws that are just and fair and guarantee a better life for the majority of the people.”

  • Famed New York retailer—and felon—dies

    The man who founded the Crazy Eddie consumer electronics chain has died at the age of 68.   Eddie Antar grew his company from one location in Brooklyn, New York, to the largest electronics retailer in the New York metro area in the 1980s, with 43 stores in four states.  The chain gained national fame for its television commercials which featured a maniacal-looking pitchman (which many people mistakenly took to be Antar) screaming at the end of the spot that Crazy Eddie’s prices were  “insane.”  

  • Walgreens gives update on Rite Aid deal; ups store divesture estimate

    Based on ongoing discussions with the Federal Trade Commission, Walgreens Boots Alliance gave an update on the amount of stores it will need to divest to win approval for its acquisition of Rite Aid.     Walgreens Boots Alliance said it now expects that the most likely outcome will be that the companies will be required to divest more than 500 stores, but fewer than 1,000 stores. The company previously said that it expected it would have to divest 500 or fewer stores.    
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