Financial News: Page 317
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Lumber Liquidators stock soars after CA probe settled
The fine fully resolves allegations that some of its flooring sourced in China was unsafe.
By Daphne Howland • March 23, 2016 -
Macy's adds REIT exec to board to boost real estate expertise
Macy’s is getting serious about extracting value from its real estate portfolio.
By Daphne Howland • March 23, 2016 -
Target's Food + Future Lab testing new labeling, scanning options
The project changes up grocery display by boldly and clearly listing food ingredients on the front of packages.
By Daphne Howland • March 23, 2016 -
Nordstrom hits the festival circuit with pop-up shops
The pop-up 'pods' debuted at South by Southwest (SXSW) last week and will continue on to three more music festivals this spring.
By Ian P. Murphy • March 22, 2016 -
Amazon sues former supply chain exec over new Target job
The e-retail giant says a non-compete agreement that Arthur Valdez signed 16 years ago prevents him from working in a similar capacity for 18 months.
By Daphne Howland • March 22, 2016 -
Todd Snyder to open first US store after American Eagle acquisition
The acquisition of Todd Snyder could help teen retailer American Eagle expand its customer base to more stylish (and wealthier) older men.
By Daphne Howland • March 22, 2016 -
Survey: Spring fever driving shoppers to brick-and-mortar stores
Most consumers will be using their phones to check prices and shop ahead, and many plan to take advantage of “click and collect” services.
By Daphne Howland • March 22, 2016 -
Alibaba reaches huge sales milestone as China growth slows
The company sold 3 trillion yuan of goods last year and is planning a major push into India.
By Daphne Howland • March 22, 2016 -
FTC comes out swinging in Staples/Office Depot merger court battle
Staples says Amazon’s entry into the office supplies market guarantees tough competition.
By Daphne Howland • March 22, 2016 -
Amazon nearly doubles lobbying spend with focus on delivery
To get its delivery ambitions (sometimes literally) off the ground, Amazon is ramping up its time with the U.S. government.
By Daphne Howland • March 21, 2016 -
Report: Many 'most valuable' malls share six key tenants
Nordstrom, Apple, and Lululemon are among the six retail companies that are helping malls and other retailers.
By Daphne Howland • March 21, 2016 -
Wal-Mart bribery probe limps to an end
Wal-Mart seems to have been a bit sloppy in its dealing with bureaucracies in other countries, but that might be the worst of it.
By Daphne Howland • March 21, 2016 -
Macy's hiring expert to explore real estate options
Activist investors are pressuring the retailer to unlock value from its vast real estate portfolio.
By Daphne Howland • March 21, 2016 -
Deep Dive
Retail Therapy: Mr. West goes to Build-A-Bear
This week, Kanye West went to Build-A-Bear Workshop. And he didn't look happy about it.
By Kelsey Lindsey • March 18, 2016 -
"Staples Store sign logo building facade, US Postal Service, Staples Home Office Supplies Strike Picket" by Mike Mozart is licensed under CC BY 2.0
Staples, Office Depot: FTC 'simply wrong' in trying to block merger
The retailers said the FTC "cherry picked" facts in trying to block the proposed merger between the two companies.
By Kelsey Lindsey • March 18, 2016 -
U.S. Senate bill aims at reining in activist investors
Investor activism is on the rise—and for retailers, that's not always for the better.
By Daphne Howland • March 18, 2016 -
Uniqlo expands apparel sales to Spring's m-commerce marketplace
The Spring deal represents the first third-party seller agreement for the Japanese fast-fashion chain.
By Ian P. Murphy • March 18, 2016 -
J. Crew sees improved results on cost-cutting, Madewell brand
The retailer’s flagship brand is suffering more than its lower-priced Madewell and Mercantile brands.
By Daphne Howland • March 18, 2016 -
Aeropostale failing to recover with another weak quarter
CEO Julian R. Geiger said that consumers are responding well to its spring merchandise, but it's failing to see the same success as its rivals.
By Daphne Howland • March 18, 2016 -
Deep Dive
Newegg: The bane of patent trolls' existence
The electronics retailer long ago decided it would never settle a patent case—and became something of a folk hero in the process.
By Daphne Howland • March 17, 2016 -
Sports Authority suing vendors over consignment sales
The distressed retailer is fighting demands to sell their goods and cough up the proceeds, saying that doing so would hurt its operations as it struggles to regroup.
By Daphne Howland • March 17, 2016 -
Lowe's brings the home to life in new millennial-focused ads
The new spots feature a talking pink flamingo and unicorn to target young homeowners.
By Ian P. Murphy • March 17, 2016 -
LivingSocial lays off more than half its staff
Like rival Groupon, the marketplace and deals site is struggling as both consumers and retailers edge away.
By Daphne Howland • March 17, 2016 -
Deep Dive
Humans in retail: The importance of store associates in a digital age
Omnichannel is a must, mobile is driving everything, and technology is key. But all that just makes store employees that much more important.
By Daphne Howland • March 16, 2016 -
Los Angeles luxury malls getting makeovers to lure consumers
L.A.'s Beverly Center and Westfield Century City are set for massive renovations to maintain their commercial viability.
By Ian P. Murphy • March 16, 2016