Financial News: Page 361
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TAG Heuer developing luxury smartwatch with Google, Intel
Apple’s conspicuous entry into the market with its $10,000 gold Apple Watch has clearly caught the attention of the upscale watchmaker.
By Daphne Howland • March 20, 2015 -
Hedge fund says its bid could save RadioShack stores
But Standard General’s offer for next week's auction is being challenged by other RadioShack lenders.
By Daphne Howland • March 20, 2015 -
Deep Dive
How retail's gender gap affects retailers
Women are essential to retail, as both customers and hourly workers. But is the industry making things harder for one of its most valuable demographics?
By Daphne Howland • March 19, 2015 -
Target agrees to settle breach lawsuit for $10M
The retailer has proposed to pay victims of its massive 2013 data hack up to $10,000 each.
By Kelsey Lindsey • March 19, 2015 -
Second American Apparel ad banned in UK
The retailer's bodysuit ad was seen as an attempt to sexualize a child by UK authorities.
By Ian P. Murphy • March 19, 2015 -
Ulta's e-commerce revenue jumps 56%
Total sales grew 21.4% to reach $3.2 billion in 2014.
By Ian P. Murphy • March 19, 2015 -
DSW beats expectations on e-commerce push
But the retailer is finding that ship-from-store is expensive and will tweak how it fulfills online orders from stores, its CEO says.
By Daphne Howland • March 19, 2015 -
Mary Kay Cosmetics sues RetailMeNot for fraud
The coupon site says it’s a bridge between shoppers and brands, but the cosmetics company would like to burn that.
By Daphne Howland • March 19, 2015 -
Amazon shuttering Webstore e-commerce platform
Small and medium retailers now have several other strong platform options like Shopify and Bigcommerce.
By Daphne Howland • March 19, 2015 -
Target plans to raise minimum wage to $9 per hour, WSJ reports
The retailer will boost its minimum starting next month.
By Kelsey Lindsey • March 18, 2015 -
Joe Fresh founder leaving company
Charismatic designer and entrepreneur Joe Mimran is stepping down, and president Mario Grauso is well prepared to expand the brand, the company said.
By Daphne Howland • March 18, 2015 -
Foot Locker revamping stores, eyes $10B in sales by 2020
As sports apparel booms for athletics and weekend leisure, the retailer aims to cash in with the right mix of merchandise.
By Daphne Howland • March 18, 2015 -
UPDATE: Simon sweetens bid for mall operator Macerich
Simon Property Group boosted its cash and stock offer for rival Macerich Co. and said it would withdraw that "best and final" offer if Macerich didn't take a meeting by April 1.
By Daphne Howland • March 18, 2015 -
Sotheby's, eBay launch partnership
The first online auction by the two companies will go live online April 1 to a broad global customer base.
By Daphne Howland • March 17, 2015 -
Adidas to drop NBA licensing partnership
Adidas' decade-long partnership with the basketball league will end, as a new deal is likely too expensive for the slipping sports gear retailer.
By Daphne Howland • March 17, 2015 -
Glamour launching e-commerce efforts
The move, beginning in the UK and U.S. this year, makes good on the retail push begun by publisher Condé Nast two years ago.
By Daphne Howland • March 17, 2015 -
Dollar General increasing hours, not wages
Many workers say that getting enough hours is as important as getting enough pay when it comes to making a living.
By Daphne Howland • March 17, 2015 -
J.C. Penney CMO exits
Debra Berman was charged with revitalizing the department store's brand.
By Ian P. Murphy • March 16, 2015 -
Wal-Mart shuffles grocery team in effort to improve food
Wal-Mart Stores Inc. is shaking up its executive food team in an effort to bring in more shoppers.
By Daphne Howland • March 16, 2015 -
TigerDirect giving up on brick-and-mortar
The Miami-based retailer once gobbled up Circuit City and CompUSA, but things have changed for electronics retail.
By Daphne Howland • March 16, 2015 -
Lumber Liquidators shares tumble, again
The retailer’s shares rose after going on the defensive Thursday, but those gains have disappeared as the controversy continues.
By Daphne Howland • March 16, 2015 -
Wet Seal acquired by Versa Capital at auction
Unlike retailers Delia’s and RadioShack, the teen apparel retailer has a chance to survive its bankruptcy.
By Daphne Howland • March 16, 2015 -
Facebook buys shopping search engine TheFind
The e-commerce search engine could help improve localized results for Facebook's search.
By Ian P. Murphy • March 16, 2015 -
FTC could call for 250 divestitures for Dollar Tree
The retailer is optimistic the merger can happen by April.
By David Oliver • March 13, 2015 -
Lumber Liquidators CEO: 'Confident' products are safe
The lumber company says it understands that consumers are alarmed by a damning 60 Minutes report, but says that better testing reveals that there’s little problem with its laminate.
By Daphne Howland • March 13, 2015