Financial News: Page 357
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EBay North America taps Home Depot exec
Harry “Hal” Lawton joined Home Depot a decade ago and replaces Christopher Payne.
By Daphne Howland • April 15, 2015 -
Men's Wearhouse looking to shake up Jos. A. Bank brand
CEO Douglas Ewert said it’s time for the brand to move beyond its "hyper-aggressive" promotional strategy.
By Daphne Howland • April 15, 2015 -
E.U. formally charges Google with antitrust violations
The European Commission has accused the tech giant of distorting online shopping search results.
By Kelsey Lindsey , Ian P. Murphy • April 15, 2015 -
Young people prefer physical stores: study
A study from New York City-based LIM College finds tech-based shopping among 18-25 year-olds is “significantly overrated.”
By Daphne Howland • April 14, 2015 -
American Apparel places pro-female ad amid image revamp
The ad celebrates the importance of women throughout the company.
By Ian P. Murphy • April 14, 2015 -
The Children's Place rejects board nominations
Two investment firms making the nominations had earlier sent a letter criticizing the retailer’s direction and the board’s leadership, urging exploration of a possible sale.
By Daphne Howland • April 14, 2015 -
Target hires PetSmart exec to revamp grocery unit
Anne Dament comes in at a time of major changes for the retailer’s grocery business.
By Daphne Howland • April 14, 2015 -
Delia's to relaunch online
The teen apparel retailer filed for bankruptcy late last year but is trying a new life as a pure-play e-retailer.
By Daphne Howland • April 14, 2015 -
Sears enters joint venture with Simon Property
The move is similar to the deal Sears struck with General Growth Properties earlier this month.
By Kelsey Lindsey • April 13, 2015 -
New York attorney general scrutinizing retailers' work schedules
New York State attorney general Eric Schneiderman has requested reports from 13 retailers regarding “just in time” shift policies.
By Daphne Howland • April 13, 2015 -
Online retailer ModCloth explores brick-and-mortar
The retailer hasn’t done much offline since staging popups a few years ago, but this will be an experimental year for the company, according to new CEO Matthew Kaness.
By Daphne Howland • April 13, 2015 -
PayPal could face lawsuit over credit terms
The company’s instant-credit service, once known as “Bill Me Later,” is facing scrutiny by the federal government’s Consumer Financial Protection Bureau.
By Daphne Howland • April 13, 2015 -
Amazon receives FAA approval to test drones
But the exemption comes with a handful of restricting perimeters.
By Kelsey Lindsey • April 10, 2015 -
Costco sales will even out in April, analysts predict
The retailer saw a slower sales month in March due to a range of unique factors.
By Carolyn Heneghan • April 10, 2015 -
Deep Dive
Retail Therapy: Apple Watch fan fiction and Ikea's veggie balls
Starting today, we will be publishing a once-a-week column on Fridays that will bring you the weirdest and wackiest retail stories from around the web.
By Kelsey Lindsey • April 10, 2015 -
Amazon sues over fake reviews on its site
Research shows that product reviews are key to helping consumers make decisions, so Amazon is right to take care in this area.
By Daphne Howland • April 10, 2015 -
Hudson's Bay sees profit triple thanks to Saks, web sales
The Toronto-based company expects continued growth this year and said it will open more discount Off 5th stores.
By Daphne Howland • April 10, 2015 -
Old Navy buoys Gap Inc. sales
The retailer posted better-than-expected sales, but its namesake and Banana Republic brands continue to falter.
By Daphne Howland • April 10, 2015 -
Sprint co-branded RadioShack stores open
This more than doubles Sprint's 1,100-store retail footprint at a time of intense competition among mobile companies in the U.S.
By Daphne Howland • April 10, 2015 -
Walgreens to close 200 stores in the US
The store closings are part of a plan to cut $1.5 billion in the next three years.
By Kelsey Lindsey • April 9, 2015 -
ModCloth's #FashionTruth campaign includes transgender model
The retailer has already taken strong stances on style and image issues.
By Daphne Howland • April 9, 2015 -
Family Dollar sees cold February
The retailer says it’s already bouncing back as it prepares for its merger with Dollar Tree.
By Daphne Howland • April 9, 2015 -
E-book startup Oyster taking on Amazon
The company’s design, usability, and, above all, its relationship with publishers could give it a real chance to disrupt the disrupter.
By Daphne Howland • April 9, 2015 -
ShopperTrak partners with shopkick for new beacon system
The leading analytics and beacon providers will provide in-store insights for retailers.
By Ian P. Murphy • April 9, 2015 -
Gilt switches up its shipping strategy
The flash-sale site will diversify ground shipments with Newgistics Inc.
By Ian P. Murphy • April 9, 2015