Regulatory Wrap-Up: Weekly review of retail-related legislative developments-Feb. 11New Jersey increases the minimum wage to $15/hr by 2024, with first increase occurring on July 1, 2019. It also incrementally increases the state’s tipped wage to $5.13/hr by 2024. Payless ShoeSource reportedly preps for bankruptcyPayless ShoeSource may be taking its second trip to bankruptcy court in less than two years. Amazon places interest in autonomous vehicles with investment Amazon is taking its involvement with self-driving vehicles to a new level by funding a startup. Survey: Retailers will love Valentine’s Day spending this year Score one for love, according to results of a new survey on consumer Valentine’s Day plans. Lidl furthers commitment to U.S. with new chairman German grocery conglomerate Lidl has tapped a former executive of rival Aldi as chairman of its U.S. operations. Urban Outfitters Q4 same-store sales fall short Urban Outfitters' total company net sales for the quarter ended January 31, 2019, increased 3.7% $1.13 billion. Skechers runs strong in Q4; bullish on guidance Strong global sales gave a big boost to Skechers in the fourth quarter. Publix promotes company vet to VP of manufacturing A familiar face is assuming the role of VP of manufacturing at Publix Super Markets. Shopko to close 250 more stores Following a January Chapter 11 filing, Shopko is shuttering 251 stores on top of the 38 locations it previously announced would close. Analysis: Tapestry needs more compelling product to drive up revenue Although Tapestry traded well in 2018, these results show that it stumbled during the most important retail period at the end of the year. First Previous 2313 2314 2315 2316 2317 Next Last
