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Monthly Archives: August 2023
Retailers Gaming their Sales Techniques
Eddie Bauer was sued by a consumer who paid $6.00 for a pair of leggings originally priced at $12.50. The consumer discovered that the original price was not $12.50, but much less. An Amazon customer complained that a $114.99 vacuum … Continue reading
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Retailers Gaming the System
We just don’t know how much inventory has been stolen from retail stores. The reason we don’t know is because retailers are using euphemisms to describe what is really happening. Their financial reports disclose that retailers are experiencing higher “shrink.” … Continue reading
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An “Oops” From the Justice Department on the KPMG Prosecutions
In the so-called “steal the exam” scandal, the federal government prosecuted a former KPMG audit partner as well as an official with PCAOB (the federal government regulator of audit firms that audits publicly traded companies). They were convicted or settled … Continue reading
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