NEW YORK (Reuters) - Visa Inc and MasterCard Inc, opening another front in an eight-year battle over credit card fees paid by retailers, on Friday asked a federal judge to declare that the fees do not violate antitrust law.
Getty Images Like any good federal holiday, Memorial Day attracts plenty of attention from retailers and chain restaurants who want consumers to spend the long weekend shopping and eating out. And as always, that means they'll be making with the freebies, deals and sales throughout the weekend and on the holiday itself. Show More Summary
Chevy just announced pricing for its 2014 Spark EV. The all-electric compact will retail for $27,495 before incentives, such as a $7,500 federal tax credit and up to $2,500 in state and local credits. All told, you could drive the car home for less than 18 grand, and California residents will net HOV (carpool lane) access to boot. Show More Summary
The Ninth Circuit Court of Appeals has ruled that customers are entitled to sue retailers who inflate prices in order to claim massive sale discounts. The ruling came in the case of a California man who sued Kohl's over luggage and shirt prices. Show More Summary
The National Retail Federation, representing more than 9,000 retailers across the country, has rejected the settlement, in part, because it includes a provision barring retailers from filing future lawsuits over swipe fees.
For today’s edition of Deal of the Day, Amazon has Star Trek Federation: The First 150 Years [Hardcover] for just $60.39. That’s 40% off the book’s regular retail price of $99.99. A great gift for all the fathers out there who are into Star Trek! This unprecedented illustrated volume chronicles the pivotal era leading up [...]
SAN DIEGO — Two new trucking rules — one from California and the other federal — could have wide-ranging effects on the fresh produce industry from the shipper all the way to the retailer.
As rumors spread that the Federal Reserve is planning to slow is quantitative easing program, investors are becoming more fearful that the days of free money will soon come to an end, and the markets are mixed. As of 12:55 p.m. EDT, the Dow Jones Industrial Average is lower by 30 points, or 0.2%, while the S&P 500 is slightly higher, up just 0.04%. Show More Summary
Mother's Day is also about consumption. More money is spent on gifts for Mother’s Day than any other holiday except Christmas. The National Retail Federation says Americans spent $18.6 billion on gifts for Mom in 2012, including $2.2 billion just for flowers. Show More Summary
With retail stocks surging on the back of the any-minute-now recovery (justified by the might of the Federal Reserve printing press), we thought it perhaps useful to consider just how great things are in the retail sales space. Given...Show More Summary
Retail MTS announced the launch of sales of federal Nokia Lumia 520 in the retail launch of MTS shares, under which the purchase of the smartphone in the salons of the operator can get a year of free Internet. To take part in the action...Show More Summary
LONDON — The FTSE 100 has been erratic this week, boosted by positive earnings, buoyed by hopes of further economic stimulus measures from the Federal Reserve and the European Central Bank but dampened by worse-than-expected U.S. jobs data. But if capital gains from the index are unpredictable, at least there are dividend gains to be [...]
David French, Senior Vice President of the National Retail Federation, the major industry group lobbying for the so-called “Marketplace Fairness Act,” (more aptly named the “National Internet Tax Mandate”) recently commented that “….the law [governing Internet sales] today is a 20th-century interpretation of an 18th-century document….” Mr. Show More Summary
Yesterday, The HSUS applauded the announcement from the Retail Council of Canada that all eight of the largest Canadian supermarket chains – Wal-Mart Canada, Costco Canada, Metro, Loblaw, Safeway Canada, Federated Co-operatives, Sobeys and Co-op Atlantic – will move away...
The U.S. Department of Agriculture on Monday announced a $4 million plan to increase the use of federal food credits at farmers markets. The initiative will expand wireless access to qualified retailers that do not already accept payments through the … Continue reading ?
Many U.S. investors who bought gold the last few years thought they were taking a position on Federal Reserve policy and the dangers those policies pose to the value of a dollar. These investors may instead end up at the whim of gold jewelry buyers in China or India. REUTERS The wave of buying interest [...]
A new federal law is being debated that would allow states to force Internet retailers to collect sales taxes. Amazon.com supports the bill, while eBay wants it changed. In the following video, Fool contributor Demitrios Kalogeropoulos...Show More Summary
MTS retail network and Samsung Electronics announced the launch of sales of federal Samsung GALAXY S4 in retail MTS and start the action, in which the purchase of the smartphone in the salons of the operator can get a year of free communication...Show More Summary
NEW YORK (Reuters) - A former merchandising executive at retailer Aeropostale Inc was convicted on Thursday of defrauding the company and taking more than $25 million in kickbacks from a key vendor, federal prosecutors in New York s...
Today is a ground-breaking day at the National Retail Federation, and not just because I’m blogging for the first time on Retail’s BIG Blog. Later this afternoon, I’ll be speaking to hundreds of students from the University of Arizona Lundgren Center for Retailing along with top retailers, including Bloomingdale’s, Macy’s, One Kings Lane, The Hudson [...]