NORFOLK, Va. (AP) — A retailer based in Norfolk that sold furniture and other products on credit to military families has agreed to a settlement that will result in nearly $100 million of forgiven debt and restitution.
BALTIMORE — Maryland Attorney General E. Frosh has announced his office has reached a settlement with USA Discounters, also doing business as USA Living and Fletcher’s Jewelers, for engaging in
A coalition of attorneys general representing 49 states and the District of Columbia announced a deal with USA Discounters that requires it to pay $40 million in penalties and wipe out more than $95 million in debt for past customers, many of them service members. - 2016/10/02
US stocks fell on Friday as a decline in oil prices added to pressure from consumer companies after gloomy quarterly reports from Nordstrom and J.C. P
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US stocks fell on Friday as a decline in oil prices added to pressure from consumer companies after gloomy quarterly reports from Nordstrom and JC Penney overshadowed upbeat retail sales data for last month.
The weakness plaguing consumer companies proved contagious and pushed U.S. stocks to the longest streak of weekly declines since January’s market meltdown.
U.S. department chains are issuing bleak forecasts as consumers shift spending away from clothes
Crude prices slipped as a stronger dollar weighed and investors cashed in on gains from a three-day rally.