
Tiffany & Co has settled its more than eight-year-old lawsuit accusing Costco Wholesale Corp of trademark infringement and counterfeiting for selling generic diamond engagement rings bearing the "Tiffany" name.
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Tiffany & Co has settled its more than eight-year-old lawsuit accusing Costco Wholesale Corp of trademark infringement and counterfeiting for selling generic diamond engagement rings bearing the "Tiffany" name.
A surge in demand for shoppers sheltering at home in a worsening Covid-19 pandemic has upended normal trade flows.
Americans increased their visits to supermarkets far more than to Walmart Inc stores as panic-buying peaked in mid-March, a Reuters analysis of foot traffic to retailers in the United States shows.
Wall Street's four-week slump deepened and the Dow Jones Industrials was set to surrender all its "Trump-bump" gains on Wednesday, as the coronavirus pandemic threatened to bring the U.S. economic activity to a halt.
U.S. retailers will be front and centre on Wall Street next week as the United States imposes new tariffs on $300 billion worth of Chinese imports, including clothing, footwear and jewelry.
Costco Wholesale Corp was forced to shut its first store in China early on its opening day on Tuesday, after large crowds flocked through the door and caused traffic jams in the Shanghai neighborhood.
The platform allows U.S. users to search for items they wish to buy, provides recommendations based off of their web activity and offers multiple purchasing options, including direct check out through Google.
Walmart posted its strongest holiday quarter in at least a decade on Tuesday, boosted by higher grocery and e-commerce sales, and said it saw no signs of weakness in U.S. consumer spending.
Costco Wholesale Corp’s gross margins fell in the first quarter, as the warehouse operator paid higher wages, ramped up investments in its online business and cut prices amid intense competition in the grocery industry.
As store sales fall and purchases shift online over the Thanksgiving weekend, most U.S. retailers have boosted their web offerings but many still overlook the sales impact from opening their doors on Thursday evening.