Financial News: Page 371
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Social shopping app Piccing picks up $3.6M
The shopping platform says it’s unique, but many others seem to be headed to the same place — allowing users to go from sharing to buying via their app.
By Daphne Howland • Dec. 18, 2014 -
eBay's North America chief to depart
Christopher Payne's departure is coming at a turbulent time for the marketplace company.
By Daphne Howland • Dec. 18, 2014 -
Apple defeats iTunes antitrust claims
A jury swiftly rejected the idea that the tech giant’s iTunes updates were designed to shut out competitors.
By Daphne Howland • Dec. 17, 2014 -
Court upholds $151M ruling against Wal-Mart
The class-action suit was brought 10 years ago by employees who said they were prevented from taking breaks and weren’t paid for time they worked.
By Daphne Howland • Dec. 17, 2014 -
UPDATE: FedEx to buy international e-commerce company Bongo as well as product-return company Genco
The shipper is boosting its supply-chain management and other logistics capabilities at a time when e-commerce is booming.
By Daphne Howland • Dec. 17, 2014 -
RadioShack has yet another new CFO
The distressed retailer has retained an advisory firm that works with ailing businesses, and appointed a CFO from its ranks in a last-ditch effort to turn things around.
By Daphne Howland • Dec. 17, 2014 -
American Apparel terminates Dov Charney, names new CEO
The debacle between American Apparel and its founder Dov Charney is finally over.
By Kelsey Lindsey • Dec. 16, 2014 -
Change of tune in Apple's e-book antitrust case
Although nothing is certain, Monday saw a significant turn of events considering that the antitrust case hasn’t gone Apple’s way in district court.
By Daphne Howland • Dec. 16, 2014 -
Wigget named Bebe CEO
The retailer's appointment indicates that the company wants to keep the momentum it has seen since naming Jim Wigget interim CEO this summer.
By Daphne Howland • Dec. 16, 2014 -
Wanelo integrates with shopping app Shopify
The shopping-oriented social network is quickly moving more deeply into e-commerce.
By Daphne Howland • Dec. 16, 2014 -
Lululemon expanding children's brand
The retailer’s Ivivva Athletica brand will open 20 new stores this month.
By Daphne Howland • Dec. 16, 2014 -
Deep Dive
10 companies that 'won' retail in 2014
Not all of these retailers had the biggest sales numbers of the year—but they caught our eye for a number of other reasons.
By Daphne Howland • Dec. 15, 2014 -
Labor board ruling a boon to union organizing
The new rule that would speed up union organizing was hailed by unions, but retailers and other business groups object and are likely to appeal.
By Daphne Howland • Dec. 15, 2014 -
RadioShack still breathing after victory over lender
But even after the news that RadioShack is not in debt default, the retailer again warned that it is on the brink of bankruptcy.
By Daphne Howland • Dec. 15, 2014 -
Hedge fund urges Staples-Office Depot merger
Activist investor Starboard Value has increased its stakes in both companies, but such a deal may not be as easy as it seems.
By Daphne Howland • Dec. 15, 2014 -
PetSmart agrees to $8.7B buyout
The sale to a private equity company is the biggest leveraged buyout of a U.S. company this year.
By Daphne Howland • Dec. 15, 2014 -
Situation dire for RadioShack
The struggling retailer reported its eleventh straight quarter of losses recently, and it’s not being helped by its lenders.
By Daphne Howland • Dec. 12, 2014 -
Getty
Epicor scoops up ShopVisible
With its recent acquisitions, Epicor is poised to flex some serious tech muscle for mid-sized and larger retail companies.
By Daphne Howland • Dec. 12, 2014 -
Lululemon sales beat expectations
The activewear retailer seems to finally be recovering from some of its self-inflicted wounds.
By Daphne Howland • Dec. 12, 2014 -
Walgreen CEO to leave after all
The original plan was for Greg Wasson to lead the company after its merger with UK drugstore retailer Alliance Boots.
By Daphne Howland • Dec. 11, 2014 -
Wal-Mart names new COO
Judith McKenna, a 20-year company veteran, succeeds Gisel Ruiz in the latest round of executive musical chairs.
By Daphne Howland • Dec. 11, 2014 -
Costco reports expectation-busting Q1 profits
The company is besting its competition, with same-store sales and overall sales both rising in the last quarter.
By Daphne Howland • Dec. 11, 2014 -
Fotolia
Judge rules Wal-Mart labor moves unlawful
A National Labor Relations Board judge said the company's discipline of and threats against protesting workers was out of bounds.
By Daphne Howland • Dec. 11, 2014 -
Etsy payments chief departs
Camilla Velasquez helped launch the marketplace’s wholesaling program and the development of its credit-card reader.
By Daphne Howland • Dec. 10, 2014 -
Fotolia
Supreme Court sides with Amazon in warehouse worker pay case
The vote was unanimous, and said that the e-retail giant’s warehouse working conditions can continue without change.
By Daphne Howland • Dec. 10, 2014
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