Legislative, Regulatory & Legal

San Jose Calif. -- Orchard Supply, which sought bankruptcy protection earlier this year, has won court approval of as much as $176.3 million in bankruptcy financing, according to a report by Bloomberg.

The U.S. bankruptcy court approved the loans that will help fund operations as Orchard pursues a sale of at least 60 of its 91 stores. Lowe’s Cos. has the lead offer of $205 million.

A Walmart employee in Canada was fired this week after confronting a customer who left a dog in a truck, according to a television report out of Ontario.

National Retail Federation SVP for government relations David French spoke to Fox News' Stuart Varney about D.C.’s decision to pass a living wage bill requiring non-union, big box retailers to pay their employees $12.60 per hour. As a result of the bill's passing, Walmart has scrapped plans to open three stores in the District. While defenders of the bill point out that the living wage is a fair one given cost of living and the still challeneging economic climate, Varney says the District, via its council members, is turning down 2,000 jobs and French agrees.

New York -- Michael Kors is suing Costco Corp., accusing the chain of illegally using pictures of its pocketbooks in its ads to attract customers, according to the Associated Press. Michael Kors said Costco was not authorized to sell the designer's goods.

In a federal lawsuit, Michael Kors accused Costco of using the bags as a lure. It claimed Costco advertised the bags as starting at $99, but didn't actually have any to sell, the report said.

NEW YORK — Walmart is ditching plans to build three stores in Washington, D.C., after the city council passed a bill on late Wednesday setting a higher minimum wage for large retailers.

“This was a difficult decision for us — and unfortunate news for most D.C. residents — but the council has forced our hand,” said Wal-Mart spokesman Steven Restivo in a statement released after vote, which passed 8 to 5.

WASHINGTON, D.C. — The Grocery Manufacturers Association has appointed Jim Flannery as the company’s senior EVP, operations and industry affairs.

“I am pleased that Jim Flannery is joining the GMA team,” said Pamela G. Bailey, GMA president and CEO. “Given his life-long experience and success in the consumer packaged goods industry, and his in-depth knowledge of so many of the important issues GMA manages on behalf of its members, no one is better positioned than him to advance GMA’s member-driven agenda.”

A five-year plan spearheaded by Walmart, Gap and other U.S. retailers requiring factories in Bangladesh to be inspected within a year is under fire, according to a Bloomberg report.

Fresno, Calif. -- Three former Target employees have filed suit against Target Corp., alleging that the retailer discriminated against them for being Hispanic.

The trio, which filed the suit on June 24 in Yolo County, Calif., cited a training document that reminded Target store managers that not all Hispanics eat tacos and burritos, dance to salsa or wear sombreros. They also alleged that Woodland, Calif., warehouse workers used racial slurs when addressing Hispanic workers.
   

New York -- Walmart said it was walking away from its plans to build three stores in Washington, D.C., after the city council passed a bill on late Wednesday setting a higher minimum wage for large retailers.

”This was a difficult decision for us — and unfortunate news for most D.C. residents — but the Council has forced our hand,”  said Wal-Mart spokesman Steven Restivo in a statement released after vote, which passed 8 to 5.

New York -- Office Depot and OfficeMax Inc. on Tuesday moved one step closer to becoming one company as their shareholders voted to approve the merger between the two office supply rivals.