Financial News: Page 374


  • Sears defends its ability to pay vendors

    The retailer pushed back on reports that said it was forced to pay invoices early, saying it’s doing fine and moving forward with its planned REIT.

    By March 20, 2015
  • 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 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 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 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
  • Exterior of a DSW store.
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    "DSW" by Mike Mozart is licensed under CC BY 2.0
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    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 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 March 19, 2015
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    Retrieved from Amazon on March 12, 2015
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    Amazon shuttering Webstore e-commerce platform

    Small and medium retailers now have several other strong platform options like Shopify and Bigcommerce.

    By 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 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 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 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 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 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 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 March 17, 2015
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    "J. C. Penney Co." by Chris Chan is licensed under CC BY 2.0
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    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 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 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 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 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
  • Dollar Tree storefront.
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    The image by Mike Mozart is licensed under CC BY 2.0
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    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