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Legislative, Regulatory & Legal

  • Tracy Morgan strikes back at Walmart

    Bentonville, Ark. – Wal-Mart Stores Inc. is reportedly claiming that comedian Tracy Morgan was not wearing a seat belt when a truck driven by one of its drivers struck a vehicle Morgan was traveling in on the New Jersey Turnpike on June 7, critically injuring Morgan and killing one of his fellow passengers. According to Bloomberg, Wal-Mart said Morgan is partially or fully to blame for his injuries in a filing in federal court in Trenton, New Jersey.

  • California becomes first state to ban single-use plastic bags

    New York -- It’s official: California Governor Jerry Brown on Tuesday signed legislation for the nation's first statewide ban on single-use plastic bags at supermarkets, drug stores and select other retail outlets.

    "This bill is a step in the right direction — it reduces the torrent of plastic polluting our beaches, parks and even the vast ocean itself," Brown said in a signing statement. "We're the first to ban these bags, and we won't be the last."

  • Report: Judge rejects Abercrombie CEO pay settlement

    New Albany, Ohio – A federal judge has reportedly rejected an Aug. 29 settlement of a lawsuit over the pay received by co-CEO Michael Jeffries. According to Reuters, U.S. District Judge James Graham in Columbus, Ohio, said shareholders belonging to the City of Plantation, Florida Police Officers' Employees' Retirement System, who challenged the $140 million in pay and additional travel expenses Jeffries has received since 2007, give up too much in the settlement.

  • Report: U.K. retailers seek more antitrust damages from MasterCard

    London – A group of U.K. retailers led by W.M. Morrison Supermarkets plc is reportedly seeking to extend the time period for which it can claim antitrust damages against MasterCard from 2006 to 1992. According to Bloomberg, this could add as much as $1.6 billion to the damages the retailers are seeking.

  • The Sleepless CFO

    Broadening responsibilities at a business brings with it an exponential increase in worries. And retail is no exception.

  • President Obama reappoints retail vet Matthew Rubel to committee post

    Washington, D.C. -- President Barack Obama announced his intention to appoint Matthew Rubel to an additional term as a member of the Advisory Committee for Trade Policy and Negotiations, a key Administration advisory post.   

    Rubel is currently a senior advisor at TPG Capital.  Previously, he was chairman, president and CEO of Collective Brands, from 2005 to 2011. Rubel was CEO of Cole Haan from 1999 to 2005.

  • Unclaimed Gift Card Balances

    Litigation in Delaware could disrupt how retailers manage programs

  • Report: Postal Service seeks expansion of Amazon grocery pilot

    Washington, D.C. – The U.S. Postal Service (USPS) reportedly wants to expand a pilot of a grocery delivery service it has been testing with Amazon.com in the San Francisco area. According to the Wall Street Journal, the USPS has applied to run a two-year test of the service.

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