FINANCE

Report: U.S. Court Backs Best Buy, Others, in Gift-Card Suit

BY CSA STAFF

Washington, D.C. A court that specializes in patent appeals ruled for Best Buy and a range of other companies on Monday involved in a legal fight over gift cards, according to a Reuters report.

RealSource, Inc. had accused Best Buy, Circuit City, Starbucks, Williams-Sonoma and its Pottery Barn unit, Costco, Lowe’s and Seattle’s Best Coffee of infringing on a patent for its method of putting value on gift cards, the report said.

The U.S. District Court for the Western District of Texas had granted a summary judgment of non-infringement.

The report said that the U.S. Court of Appeals for the Federal Circuit, which handles all patent appeals, agreed.

keyboard_arrow_downCOMMENTS

Leave a Reply

No comments found

Polls

Consumer confidence is high. Is that reflected in your stores’ revenues?

View Results

Loading ... Loading ...
News

Court rules in retailers’ favor in gift card suit

BY CSA STAFF

WASHINGTON According to a Reuters report, a court ruled in favor of Best Buy, Circuit City and other retailers over a lawsuit involving gift cards.

The U.S. District Court for the Western District of Texas ruled that the retailers had not infringed on Realsource’s patent for its method of putting value on gift cards. The U.S. Court of Appeals for the Federal Circuit agreed.

keyboard_arrow_downCOMMENTS

Leave a Reply

No comments found

Polls

Consumer confidence is high. Is that reflected in your stores’ revenues?

View Results

Loading ... Loading ...
News

Dollar General names new board members

BY CSA STAFF

CHESAPEAKE, Va. Dollar Tree’s shareholders have re-elected Macon Brock, Jr., Mary Anne Citrino, Richard Lesser, and Thomas Whiddon, to serve on the board of directors.

In addition, the shareholders elected Arnold Barron, Carl Zeithaml, and Lemuel Lewis, who had been previously appointed by the board, to serve on the board of directors.

 

keyboard_arrow_downCOMMENTS

Leave a Reply

No comments found

Polls

Consumer confidence is high. Is that reflected in your stores’ revenues?

View Results

Loading ... Loading ...