Posted inCustomer Relations E-Commerce Rebates and Refunds Shopping and Retail Returns Are a Headache. More Retailers Are Saying, Just ‘Keep It.’ In a survey, nearly 60 percent of retailers said they had policies that refund customers for items that aren’t financially viable to send back. Posted by By Jordyn Holman
Posted inCustomer Relations E-Commerce Rebates and Refunds Shopping and Retail Returns Are a Headache. More Retailers Are Saying, Just ‘Keep It.’ Nearly 60 percent of retailers have policies, often hush-hush, that refund customers for items that aren’t financially viable to send back. Posted by By Jordyn Holman
Posted inAntitrust Laws and Competition Issues Capri Holdings Ltd Fashion and Apparel Mergers, Acquisitions and Divestitures Shopping and Retail Tapestry Inc Tapestry and Capri End Plans for ‘Accessible Luxury’ Merger Tapestry, the owner of Coach, said it would abandon its $8.5 billion deal to buy Capri, the parent company of Michael Kors, after the Federal Trade Commission successfully sued to stop the transaction. Posted by By Lauren Hirsch
Posted inChristmas Holidays and Special Occasions Lighting New York City Saks Fifth Avenue Shopping and Retail Shopping Centers and Malls Tourism Saks Fifth Avenue Calls Off Holiday Light Show The department store is canceling an annual show that has long drawn tourists to its flagship store in New York City. Posted by By Annie Correal