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Four chains face questions about PL supplements

ALBANY, N.Y. — New York Attorney General Eric Schneiderman has ordered four retail chains to halt sales of store-brand herbal supplements after tests showed that the products typically don’t contain the ingredients advertised and in many cases were contaminated with unlisted ingredients. “This investigation makes one thing abundantly clear: The old adage ‘buyer beware’ may

Dollar Tree wins fight to buy Family Dollar

MATTHEWS, N.C. — The battle for Family Dollar Stores Inc. is over, and the winner is the company with the less generous bid. Family Dollar shareholders on January 22 voted to accept a cash-and-stock offer from Dollar Tree Inc. that valued Family Dollar at $8.7 billion at the time it was accepted. The vote put an

Supreme Court lets swipe fee ruling stand

WASHINGTON — Trade groups representing many of the nation’s largest retailers expressed frustration after the Supreme Court on January 20 declined to take up their challenge to the Federal Reserve’s hotly debated rules for “swipe fees” assessed on credit card and debit card transactions. Retailers and other businesses pay the fees to banks and other financial

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