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Legislative, Regulatory & Legal

  • Macy’s reaches accord on racial profiling allegations

    New York -- Macy's Inc. has agreed to pay $650,000 to settle allegations of racial profiling at its flagship store in Manhattan.

    Under the agreement with New York's attorney general, the company will initiate enhanced training and education for its loss prevention and sales associates.

    “We also will be adopting an expanded role for our security monitor to help ensure that we have the right policies and procedures in place, and that we are constantly reviewing our compliance with them,” the retailer said in a statement.

  • NRF Asks U.S. Supreme Court to review swipe fee ruling

    Washington, D.C. -- The National Retail Federation on Monday told the U.S. Supreme Court that the debate over debit card swipe fees is “of staggering importance” and asked the justices to review a ruling that left the Federal Reserve’s cap on the billions of transactions conducted each year at 21 cents rather than reducing it to a lower level.


  • Activist hedge fund gets anonymous PetSmart 'internal change' tip

    New York -- Activist hedge fund Jana Partners revealed on Monday that it received an anonymous package detailing a PetSmart presentation around improving results over the next two quarters.

    According to Jana in a filing with the Securities and Exchange Commission, a cover letter accompanied the presentation, saying that PetSmart had “missed internal projections.” Jana said it sent the documents back to the company, asking the board to “promptly release such materials after redacting any such competitively sensitive information.”

  • Group launches campaign to ban open carry of guns in Kroger stores

    Indianapolis -- Moms Demand Action for Gun Sense in America launched a national campaign on Monday calling on Kroger Co. to prohibit the open carry of guns in its supermarkets. The gun control advocacy group was founded in response to the Sandy Hook school shooting and has partnered with billionaires Michael Bloomberg and Warren Buffett.

    The Moms Demand Action campaign, which includes a petition to Kroger, follows similar actions aimed at Target, Chipotle, Sonic, Chii’s and Jack in the Box.

  • Supervalu reports data breach

    Eden Prairie, Minn. – Supervalu Inc. has suffered a data breach that may have resulted in theft of customer payment card data. The stolen information may include account numbers, and in some cases also the expiration date, other numerical information and/or the cardholder’s name.

  • New Walmart fact-checking service launched

    Walmart’s opponents employed a new tactic this week by launching a repository of negativity under the auspices of The Center for Media and Democracy.

  • Barneys settles racial profiling case

    New York -- Barneys New York has settled its profiling and racial discrimination case, agreeing to pay $525,000 and implement measures to address potential future profiling chances.

    The retailer’s Madison Avenue store has been under investigation by the New York State Attorney General’s office for the past nine months.

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