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Legislative, Regulatory & Legal

  • RILA and business groups urge Congress to close sales tax loophole

    Arlington, Va. -- The Retail Industry Leaders Association, along with 125 business groups and employers nationwide, on Wednesday asked the Congressional Joint Select Committee on Deficit Reduction to include in their recommendations to the House and Senate a provision that would close the online sales tax loophole that is harming brick-and-mortar retail businesses and the communities they serve.

  • Syms, Filene’s Basement file for bankruptcy, plan to liquidate

    Secaucus, N.J. -- Syms Corp. and its Filene’s Basement subsidiary said Wednesday that they have filed for Chapter 11 bankruptcy and will liquidate all stores and assets over the coming several months. Syms acquired the century-old Filene’s out of bankruptcy in 2009 for $63 million.

  • RILA responds to Bank of America decision to abandon debit fee charge

    Arlington, Va. -- The Retail Industry Leaders Association on Tuesday issued a statement in response to Bank of America’s decision to abandon its plan to charge new fees on debit card users.

  • California female Walmart employees regroup in bias case

    San Francisco -- Four months after the Supreme Court tossed out a huge class-action lawsuit by female Walmart employees who claimed they were discriminated against by the world’s largest retailer, a smaller, regionalized group of employees has regrouped to file another gender-bias claim against Wal-Mart Stores.

  • NRF welcomes proposal to reform corporate tax structure

    WASHINGTON — The National Retail Federation said it welcomed a proposal unveiled by House Ways and Means Committee Chairman Dave Camp, R-Mich., to reform the nation’s corporate tax structure.

  • NRF concerned over plans to expand Internet domain names

    WASHINGTON — The National Retail Federation announced that it has asked the Commerce Department to delay implementation of a controversial plan to vastly expand Internet domain names, saying retailers and other businesses need more information before moving forward.

  • Report: Costco's donations to Washington state initiative break records

    Issaquah, Wash. — Costco Wholesale's donations to a Washington state voter initiative that would legalize liquor sales by private retailers have broken state records, according to published reports.

  • Report: Wal-Mart reopens 13 stores in China after food safety case

    Beijing -- The Xinhua News Agency in Beijing, China, said that Wal-Mart Stores has reopened 13 stores in Chongqing after being forced by authorities to close the stores for 15 days over the mislabeling of regular pork as organic.

    Chongqing authorities had also arrested two employees and fined the company $421,000 on charges of passing off regular pork as higher-priced organic meat earlier in October.

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