Retailers Say Tax Extenders Bill Could Provide ‘Stepping Stone’ to Comprehensive Reform

Washington–The National Retail Federation urged Congress to approve legislation that would make permanent a key piece of federal tax law retailers have long relied on and give long-term renewal to others, calling the measure an important move toward badly needed comprehensive tax reform. “H.R. 2029 is the first step toward fundamental tax reform that our […]

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Study: 2016–A Boom Year for Health, Fitness Wearables

Arlington, VA–Of the 74% of online America adults who are likely to purchase health and fitness technology in the next 12 months, one in three (35%) plan to buy a smartwatch, according to the latest research from the Consumer Technology Association (CTA), formerly the Consumer Electronics Association (CEA) The study, Consumers Journey to Purchase: Health […]

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Creatures Of The Wind, Tracy Reese Named as Featured Designers for CFW

Charleston, SC—Baker Motor Company Charleston Fashion Week® (CFW), one of the nation’s leading fashion events, announced that tickets for the March 15 to 19, 2016 event are now on sale, and that fashion designers Creatures of the Wind and Tracy Reese will be the event’s closing weekend Featured Designers. “We are so excited to have Creatures of […]

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Alibaba Moves to Stop Counterfeits on its Websites

Washington—Following some scathing comments of the U.S. Trade Represenative, Alibaba has brought in a former counterfeit-battling executive from Apple to battle its problem of fake goods. Matthew Bassiur , who was vice president Deputy Chief Security Officer at Pfizer, now will become Vice President, Head of Global Intellectual Property Enforcement at Alibaba in January. Its a […]

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Retailers Estimate Holiday Return Fraud Will Cost $2.2 Billion in 2015

Washington–Retail fraud comes in many shapes and sizes and is especially rampant during the holiday season when online and in-store traffic grows significantly. One of the biggest issues throughout the holiday season: return fraud. According to NRF’s latest Return Fraud Survey, retailers estimate that 3.5% of their holiday returns this year will be fraudulent, up […]

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Forever 21 Continues To Expand F21 Red With 3 New Store Openings

Los Angeles—Fast growing, fast fashion retailer Forever 21 continues its expansion of its F21 RED division with three new stores: 490 Fulton Street in Brooklyn, New York, 3535 Sports Arena Blvd. in San Diego, California, and 8505 Mills Drive in Kendall, Florida. The new stores will deliver a deeper inventory of on-trend staples for women, […]

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Buying The Force: Star Wars Merchandise Hits Stores

The retail industry has been abuzz already with Star Wars merchandise, even before Star Wars: The Force Awakens hit theaters today. Fans are already excited to watch and shop, and as reported by Bloomberg Business, the latest film is likely to bring in a whooping $9.6 billion in revenue for Disney, the current owner of […]

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Retailers Says Spending Plan Provides Broad Relief That Will Boost Economy

The National Retail Federation today welcomed final passage by Congress of a wide-ranging spending and tax-relief package. As outlined below, the NRF cites provisions that would “delay onerous portions of Obamacare, make it easier for businesses to share cyber threats and renew tax law that helps retailers create jobs while laying the groundwork for comprehensive […]

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Jimmy Choo Sells Anniversary Trunk of Shoes and Accessories

Customers who love their Jimmy Choos can now buy in bulk, so to speak. The luxury footwear and accessory brand has unveiled its 20th Anniversary collection–an upscale trunk with 20 pairs of the brand’s best-selling shoes and accessories. Those who don’t want to face the sticker shock (the ensemble is expected to be around $70,000) […]

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