Lawyers representing the National Retail Federation and many of the nation’s most prominent retail companies are set to appear in court today to ask a federal judge to reject a proposed class-action settlement of an antitrust lawsuit over the $30 billion a year in credit card swipe fees charged by Visa and MasterCard.



The National Retail Federation is continuing its fight against credit card swipe fees by asking a judge to reject a proposed class-action settlement of a federal antitrust lawsuit, saying it would not bring the fees charged by Visa and MasterCard under control and does not give retailers who oppose it an adequate mechanism to opt out.

JCPenney has enlisted the services of Nina Garcia, a well-known fashion expert to help the company become more of a style destination.

Borders Group Inc. won court approval of the final details of its plans to dissolve, according to Bloomberg.

Books-A-Million announced the company has submitted a bid in the Borders Inc. bankruptcy proceedings to purchase, among other things, the inventory, fixtures, equipment, and leasehold interests for 30 Borders locations.

A judge ruled Thursday that a San Diego pro-gay marriage group can continue canvassing outside of Target stores in California, the Associated Press reported.

A Delaware judge on Wednesday barred a former top executive for Wal-Mart Stores from taking a job as president of CVS Caremark Corp. until a trial is held on Wal-Mart's claim that the executive signed a noncompete agreement that prevents him from working for CVS. The trial is scheduled for early March.