Retailers

L.A. Prosecutors Are Accusing Four Big Retailers — JCPenney, Sears, Kohl’s and Macy’s — of Tricking Shoppers

The Los Angeles city attorney’s office said it plans to sue four big retailers for deceptive advertising which allegedly misled shoppers into believing that thousands of products were on sale at a hefty discount. The retailers — JC Penney, Sears, Kohl’s and Macy’s — falsely advertised high “list” or “regular” prices on merchandise that was never actually for sale at that price, according to the …


Merchants Score Victory Over Visa and MasterCard as Court Tosses $7.25bn Interchange Settlement

Merchants score victory over Visa and MasterCard as court tosses $7.25bn interchange settlement In a win for merchants, a US federal appeals court has killed off a $7.25 billion class action settlement over interchange fees between millions of retailers and Visa and MasterCard. The huge settlement over claims that the card schemes had improperly fixed credit and debit card swipe fees was agreed …


Lawsuit Over Bangladesh Garment Factory Collapse Dismissed

A Delaware judge has dismissed a lawsuit filed against three major U.S. clothing retailers after the 2013 collapse of a garment factory in Bangladesh that killed more than 1,100 people. An injured worker and a man whose wife died in the collapse lodged the complaint last year against Wal-Mart Stores, J.C. Penney and the Children’s Place. The lawsuit claimed the companies failed to ensure safe …


How List Prices Are Duping Customers Into False Deals

Everyone likes to get a good deal. But how do you really know that a discount is actually a discount? Over the past year, the validity of list prices has come under more scrutiny, with several retailers getting sued for using inflated original prices to make their advertised deals look better.


Don’t Hand Over Your Zip Code to Retailers

It’s the question that often comes when you hand over your credit card at the store: what’s my zip code? Next time you’re asked, you may want to think twice before handing over the information. You have to do it when you pay at the pump, but inside a store you have no obligation to give up your zip code.


Don’t Hand Over Your Zip Code to Retailers

It’s the question that often comes when you hand over your credit card at the store: what’s my zip code? Next time you’re asked, you may want to think twice before handing over the information. You have to do it when you pay at the pump, but inside a store you have no obligation to give up your zip code.