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Ralph Lauren sales miss estimates, but it sees a pick-up

07:01 PM | uk.reuters.com

(Reuters) - Ralph Lauren Corp on Thursday reported sales that fell below its own projections, hurt by fewer deliveries to European department stores, but gave a fiscal year forecast that suggests it expects its overall business to pick up.


Target logo

Large U.S. retailers sue Visa, MasterCard over card fees

07:01 PM | uk.reuters.com

(Reuters) - A group of U.S. retailers including Macy's Inc and Target Corp sued Visa Inc and MasterCard Inc on Thursday, breaking off from a proposed $7.2 billion settlement reached last year over fees to process credit card transactions.

Target logo

Large U.S. retailers sue Visa, MasterCard over card fees

06:46 PM | Reuters.com

(Reuters) - A group of U.S. retailers, including Macy's Inc. and Target Corp. , sued Visa Inc. and MasterCard Inc. on Thursday, breaking off from a proposed $7.2 billion settlement reached last year over fees to process credit card transactions.


JC Penney

Troubled Visa Settlement Takes Another Hit As Retailers File Own Suit

06:45 PM | Forbes.com

A $7 billion antitrust settlement over credit-card processing fees that critics say would make things worse for retailers suffered another insult today as Target, Macy's and J.C. Penney filed their own lawsuit accusing Visa and Mastercard of generating monopoly profits at their expense.

Department Stores 221

Large Retailers Sue Visa, MasterCard Over Fees

06:25 PM | CNBC

Macy's, Target and other retailers are suing credit-card companies over fees, ditching a settlement reached last year.

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