Content about Law

December 23, 2014

Retail and consumer products veteran Brian Cornell was named chairman and CEO at Target to fill two of the three roles previously held by the company’s former top executive Gregg Steinhafel.

Retail and consumer products veteran Brian Cornell was named chairman and CEO at Target to fill two of the three roles previously held by the company’s former top executive Gregg Steinhafel.

December 23, 2014

Retail and consumer products veteran Brian Cornell was named chairman and CEO at Target to fill two of the three roles previously held by the company’s former top executive Gregg Steinhafel.

Retail and consumer products veteran Brian Cornell was named chairman and CEO at Target to fill two of the three roles previously held by the company’s former top executive Gregg Steinhafel.

December 23, 2014

The board of directors of Fred's Super Dollar on Thursday named Jerry Shore CEO of the company. Shore's promotion follows the board's receipt and acceptance of notification by Bruce Efird of his intention to leave the company upon the expiration of his employment contract.

The board of directors of Fred's Super Dollar on Thursday named Jerry Shore CEO of the company. Shore's promotion follows the board's receipt and acceptance of notification by Bruce Efird of his intention to leave the company upon the expiration of his employment contract.

December 23, 2014

The board of directors of Fred's Super Dollar on Thursday named Jerry Shore CEO of the company. Shore's promotion follows the board's receipt and acceptance of notification by Bruce Efird of his intention to leave the company upon the expiration of his employment contract.

The board of directors of Fred's Super Dollar on Thursday named Jerry Shore CEO of the company. Shore's promotion follows the board's receipt and acceptance of notification by Bruce Efird of his intention to leave the company upon the expiration of his employment contract.

December 23, 2014

Imagine a lifelong Procter & Gamble employee suddenly named CEO of Walmart and that is essentially what happened at leading global retail Tesco where the company has named long time Unilever executive Dave Lewis as its next CEO.

Imagine a lifelong Procter & Gamble employee suddenly named CEO of Walmart and that is essentially what happened at leading global retail Tesco where the company has named long time Unilever executive Dave Lewis as its next CEO.

December 23, 2014

Imagine a lifelong Procter & Gamble employee suddenly named CEO of Walmart and that is essentially what happened at leading global retail Tesco where the company has named long time Unilever executive Dave Lewis as its next CEO.

Imagine a lifelong Procter & Gamble employee suddenly named CEO of Walmart and that is essentially what happened at leading global retail Tesco where the company has named long time Unilever executive Dave Lewis as its next CEO.

December 22, 2014

The months-long back and forth is over. The Men's Wearhouse will acquire all outstanding shares of Jos. A. Bank’s common stock for $65 per share in cash, or total consideration of $1.8 billion. The boards of directors of both companies have unanimously approved the transaction.

The months-long back and forth is over. The Men's Wearhouse will acquire all outstanding shares of Jos. A. Bank’s common stock for $65 per share in cash, or total consideration of $1.8 billion. The boards of directors of both companies have unanimously approved the transaction.

Together, Men's Wearhouse and Jos. A. Bank will have more than 1,700 stores in the U.S., making it the fourth largest U.S. men's apparel retailer with approximately 23,000 employees and sales of $3.5 billion on a pro forma basis.

December 22, 2014

The months-long back and forth is over. The Men's Wearhouse will acquire all outstanding shares of Jos. A. Bank’s common stock for $65 per share in cash, or total consideration of $1.8 billion. The boards of directors of both companies have unanimously approved the transaction.

The months-long back and forth is over. The Men's Wearhouse will acquire all outstanding shares of Jos. A. Bank’s common stock for $65 per share in cash, or total consideration of $1.8 billion. The boards of directors of both companies have unanimously approved the transaction.

Together, Men's Wearhouse and Jos. A. Bank will have more than 1,700 stores in the U.S., making it the fourth largest U.S. men's apparel retailer with approximately 23,000 employees and sales of $3.5 billion on a pro forma basis.

December 22, 2014

Little known food retailer Haggen Northwest Fresh will grow its store base more than 800% following a Federal Trade Commission mandate that Albertson’s and Safeway divest 168 stores. 

Little known food retailer Haggen Northwest Fresh will grow its store base more than 800% following a Federal Trade Commission mandate that Albertson’s and Safeway divest 168 stores.

Few people have heard of Haggen outside Washington and Oregon, where the company operates 18 stores, but now the food retailer is about to get dramatically bigger and expand its presence to three more western states.

December 22, 2014

Little known food retailer Haggen Northwest Fresh will grow its store base more than 800% following a Federal Trade Commission mandate that Albertson’s and Safeway divest 168 stores. 

Little known food retailer Haggen Northwest Fresh will grow its store base more than 800% following a Federal Trade Commission mandate that Albertson’s and Safeway divest 168 stores.

Few people have heard of Haggen outside Washington and Oregon, where the company operates 18 stores, but now the food retailer is about to get dramatically bigger and expand its presence to three more western states.

December 22, 2014

The revelation that IBM and Apple would be working together on a new range of mobile solutions is a huge development in its own right, but the landmark deal also promises to have a wide-ranging impact on the retail industry.

The revelation that IBM and Apple would be working together on a new range of mobile solutions is a huge development in its own right, but the landmark deal also promises to have a wide-ranging impact on the retail industry.

December 22, 2014

The revelation that IBM and Apple would be working together on a new range of mobile solutions is a huge development in its own right, but the landmark deal also promises to have a wide-ranging impact on the retail industry.

The revelation that IBM and Apple would be working together on a new range of mobile solutions is a huge development in its own right, but the landmark deal also promises to have a wide-ranging impact on the retail industry.

December 17, 2014

Dov Charney, the controversial founder of American Apparel, has been fired "for cause" as CEO, the company said. 

Dov Charney, the controversial founder of American Apparel, has been fired "for cause" as CEO, the company said.

Charney was suspended as president and CEO of the hipster apparel chain in June for alleged misconduct and violations of company policy. The decision was made by the board’s “suitability committee,” which was formed to oversee an internal investigation in the wake of Charney's suspension.

December 17, 2014

Dov Charney, the controversial founder of American Apparel, has been fired "for cause" as CEO, the company said. 

Dov Charney, the controversial founder of American Apparel, has been fired "for cause" as CEO, the company said.

Charney was suspended as president and CEO of the hipster apparel chain in June for alleged misconduct and violations of company policy. The decision was made by the board’s “suitability committee,” which was formed to oversee an internal investigation in the wake of Charney's suspension.

December 17, 2014

A fresh round of unionization efforts appear to be in store for major retailers next spring after organized labor won a favorable ruling regarding how elections are conducted. 

A fresh round of unionization efforts appear to be in store for major retailers next spring after organized labor won a favorable ruling regarding how elections are conducted.

December 17, 2014

A fresh round of unionization efforts appear to be in store for major retailers next spring after organized labor won a favorable ruling regarding how elections are conducted. 

A fresh round of unionization efforts appear to be in store for major retailers next spring after organized labor won a favorable ruling regarding how elections are conducted.

December 16, 2014

Walmart said the Pennsylvania Supreme Court has ordered it to pay about $151 million to settle a class-action lawsuit filed by employees who claim their meal and rest breaks were cut. 

Walmart said the Pennsylvania Supreme Court has ordered it to pay about $151 million to settle a class-action lawsuit filed by employees who claim their meal and rest breaks were cut.

Walmart said the ruling, which it may appeal, would reduce its fourth-quarter earnings from continuing operations by about 6 cents per share.

The suit, filed in March 2002, represented about 187,000 Wal-Mart employees who worked in Pennsylvania between 1998 and 2006.

December 16, 2014

Walmart said the Pennsylvania Supreme Court has ordered it to pay about $151 million to settle a class-action lawsuit filed by employees who claim their meal and rest breaks were cut. 

Walmart said the Pennsylvania Supreme Court has ordered it to pay about $151 million to settle a class-action lawsuit filed by employees who claim their meal and rest breaks were cut.

Walmart said the ruling, which it may appeal, would reduce its fourth-quarter earnings from continuing operations by about 6 cents per share.

The suit, filed in March 2002, represented about 187,000 Wal-Mart employees who worked in Pennsylvania between 1998 and 2006.

December 15, 2014

After weeks of exploring “strategic alternatives,” PetSmart has agreed to be acquired for about $8.7 billion by a consortium led by London-based BC Partners. 

After weeks of exploring “strategic alternatives,” PetSmart has agreed to be acquired for about $8.7 billion by a consortium led by London-based BC Partners.

"We are pleased to have reached this agreement with BC Partners, which maximizes value for all of our shareholders and best positions PetSmart to continue to meet the needs of pet parents," said Gregory Josefowicz, chairman of PetSmart. "This transaction represents the successful conclusion of our extensive review of strategic alternatives." 

December 15, 2014

After weeks of exploring “strategic alternatives,” PetSmart has agreed to be acquired for about $8.7 billion by a consortium led by London-based BC Partners. 

After weeks of exploring “strategic alternatives,” PetSmart has agreed to be acquired for about $8.7 billion by a consortium led by London-based BC Partners.

"We are pleased to have reached this agreement with BC Partners, which maximizes value for all of our shareholders and best positions PetSmart to continue to meet the needs of pet parents," said Gregory Josefowicz, chairman of PetSmart. "This transaction represents the successful conclusion of our extensive review of strategic alternatives." 

December 15, 2014

Porch.com CEO Matt Ehrlichman has been named the USA Today Entrepreneur of the Year for 2014.

Porch.com CEO Matt Ehrlichman has been named the USA Today Entrepreneur of the Year for 2014.

Key criteria of the award included exhibiting significant growth this year and solving a consumer problem.

Ehrlichman won the honor after a team of USA Today editors sorted through 10 finalists.

December 12, 2014

Chief Information Security Officers (CISO) have become more common on companies’ senior leadership teams. They might be in even higher demand after the highly publicized data breaches at Target, Home Depot, Neiman Marcus and other companies in the past couple of years (see a timeline of data breaches in the past decade here). In fact, Neiman Marcus just hired its first CISO, Sarah Hendrickson. 

Chief Information Security Officers (CISO) have become more common on companies’ senior leadership teams. They might be in even higher demand after the highly publicized data breaches at Target, Home Depot, Neiman Marcus and other companies in the past couple of years (see a timeline of data breaches in the past decade here). In fact, Neiman Marcus just hired its first CISO, Sarah Hendrickson.

December 12, 2014

Chief Information Security Officers (CISO) have become more common on companies’ senior leadership teams. They might be in even higher demand after the highly publicized data breaches at Target, Home Depot, Neiman Marcus and other companies in the past couple of years (see a timeline of data breaches in the past decade here). In fact, Neiman Marcus just hired its first CISO, Sarah Hendrickson. 

Chief Information Security Officers (CISO) have become more common on companies’ senior leadership teams. They might be in even higher demand after the highly publicized data breaches at Target, Home Depot, Neiman Marcus and other companies in the past couple of years (see a timeline of data breaches in the past decade here). In fact, Neiman Marcus just hired its first CISO, Sarah Hendrickson.

December 11, 2014

The acquisition of Jos. A. Bank in June weighed heavily on Men’s Warehouse in the third quarter, as the company reported a profit decline of 82% due to expenses related to the integration of the rival clothier’s operations. 

The acquisition of Jos. A. Bank in June weighed heavily on Men’s Warehouse in the third quarter, as the company reported a profit decline of 82% due to expenses related to the integration of the rival clothier’s operations.

December 11, 2014

The acquisition of Jos. A. Bank in June weighed heavily on Men’s Warehouse in the third quarter, as the company reported a profit decline of 82% due to expenses related to the integration of the rival clothier’s operations. 

The acquisition of Jos. A. Bank in June weighed heavily on Men’s Warehouse in the third quarter, as the company reported a profit decline of 82% due to expenses related to the integration of the rival clothier’s operations.