ftc

Retail
Progressive Leasing Reaches Settlement With FTC

Progressive Leasing, a wholly-owned subsidiary of Aaron’s, has reached a final settlement with the Federal Trade Commission resolving all matters raised by the company’s previously disclosed FTC investigation related to the adequacy of consumer disclosures.

Retail
Williams-Sonoma Reviewing Made In The U.S.A. Claims

Willliams-Sonoma is addressing concerns that some of its products that carry Made in the U.S.A. claims may not meet U.S. Federal Trade Commission standards for such labeling, the company has maintained.

Appliances
FTC Launches IoT Security Challenge

Due to recently exposed vulnerabilities of Internet of Things (IoT) devices, the Federal Trade Commission is launching the IoT Home Inspector Challenge, challenging the public to create a tool that will address security vulnerabilities caused by out-of-date software in IoT devices.

Retail
Walgreens, Rite Aid Extend Merger Deadline

In accordance with the terms of their merger agreement, Walgreens Boots Alliance and Rite Aid have mutually agreed to extend the end date of their merger deal from October 27, 2016, to January 27, 2017. The companies now expect the transaction will close in early calendar 2017.

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