California Voters Favor Plastic Bag Ban
November 10, 2016
Results from Election Day in California show that voters have expressed their favor in Proposition 67, which bars plastic bags in stores across the state. The legislation was previously signed into law in 2014, but was forced onto the ballot this year following referendum.
According to Fox 11 in Los Angeles, opponents of the ban claim it will lead to a tax increase—10 cents a bag—that will amount to $300 million annually. The ban already is enforced in many California cities including Los Angeles. Voters did, however, defeat Proposition 65, which sought to use money raised from the statewide ban for a special fund administered by the Wildlife Conservation Board.
Toys “R” Us Outlines Restructuring Plans
September 21, 2017 • Retail
Following a Chapter 11 filing announcement earlier this week, Wayne, N.J.-based retailer Toys “R” Us has revealed additional information on its restructuring plans.
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