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Judge dismisses Texas civil-action suit claims against Wal-Mart

BY Staff Writer

New York — Wal-Mart Stores Inc. will not face class-action gender-discrimination claims in a federal court lawsuit in Texas, Bloomberg reported. U.S District Judge Reed O’Connor has dismissed the Texas class complaint, finding that the lawsuit was filed too late.

The suit, which alleged the retailer discriminated against women in pay and promotions in the company’s Texas region, sought to represent all women hourly and salaried workers, below store managers, employed by Wal-Mart and Sam’s Club in the region.

The judge also dismissed the suit by lead plaintiff, Stephanie Odle. But he allowed other individual claims to go forward.

A similar suit is pending in California, and complaints were filed this month in Florida and Tennessee.

“We are pleased that the district court has dismissed the class action claims, recognizing the individuals must pursue their own claims,” Theodore Boutrous Jr., a lawyer for Wal-Mart, said yesterday in an interview, Bloomberg reported.

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Apr-03-2013 10:53 am

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Apr-03-2013 10:53 am

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New mixed-use project planned for Times Square; will feature nation’s largest LED screen, retail complex and hotel tower

BY Marianne Wilson

New York — Maefield Development, Infinity Urban Century, The Witkoff Group and New Valley, an investment unit of Vector Group LTD announced that they have completed the $430 million acquisition of their Times Square Gateway Center development site. The purchase clears the way for construction of a 340,000-sq.-ft., 36-story, multi-use development that will anchor the northern end of Times Square, with a new retail experience, a hotel tower, and the nation’s largest single LED screen.

When fully complete in three years, the $800 million project, located at 47th Street and Seventh Avenue, will feature 130,000 sq. ft. of multi-story retail space facing the Square, a 24,000-sq.-ft. state-of-the-art LED sign wrapping around its facade at 100 feet of height, a dramatic rooftop and entertainment venue overlooking the Square, and a 500-room hotel tower.

An existing eleven-story turn-of-the-century office building currently on the site will be partially demolished to make way for the project’s retail and signage complex, expected to be operational within two years.

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IHL Group ranks Epicor Software top vendor of POS software for specialty soft goods and hard goods retailers

BY Staff Writer

Dublin, Calif. — Epicor Software Corp., a leader in business software solutions for manufacturing, distribution, retail and services organizations, announced the company has again been named the leading vendor of point-of-sale software for both specialty soft goods retailers and hard goods retailers by research and advisory firm IHL Group. This marks the second consecutive year that Epicor has been ranked the No. 1 vendor overall in both studies.

The annual rankings conducted by IHL are based on the following criteria: Number of accounts in the top 250, number of POS licenses, and combined retailer revenue.

“Epicor has clearly distinguished itself among a very crowded group,” said Greg Buzek, founder and president of IHL Group. “Our analysis indicates a key driver for technology innovation in this market is anything that helps organizations capitalize on emerging trends — and scalable, integrated systems with a mobile focus are helping retailers streamline operations and provide a rich in-store customer experience.”

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