Financial News: Page 380
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Dollar General may appeal to shareholders after Family Dollar bid gets rejected
Dollar Tree strengthened its promise to avoid antitrust issues from its acquisition offer, saying it would close as many stores as necessary.
By Daphne Howland • Sept. 8, 2014 -
Scheduling joins minimum wage as key policy issue for retail
Union workers in New York have more control over their schedules and San Francisco is close to forcing the issue for chain stores.
By Daphne Howland • Sept. 8, 2014 -
Family Dollar rejects latest Dollar General offer
The bid was rejected because of antitrust concerns, Family Dollar's CEO said.
By Randy Lilleston • Sept. 5, 2014 -
Retail jobs fall in August
They decreased by 8,400, a major contributor to the month’s unexpectedly low numbers.
By Daphne Howland • Sept. 5, 2014 -
Activist investor challenges Bebe chairman, urges sale
Private equity firm Consac LLC says chairman Manny Mashoud’s leadership has failed.
By Daphne Howland • Sept. 4, 2014 -
CVS rebrands to CVS Health, quits tobacco sales early
The drugstore retailer’s new name puts its healthcare delivery ambitions front and center.
By Daphne Howland • Sept. 3, 2014 -
Home Depot investigating potentially massive data breach
This latest report of trouble with credit card security at retail points of sale is bad news for consumers and retailers alike.
By Daphne Howland • Sept. 3, 2014 -
Dollar General offers more for Family Dollar
The discount chain follows through on its commitment to pursue a merger. Will Family Dollar be wooed?
By Daphne Howland • Sept. 2, 2014 -
Will jump in GDP translate to increased sales?
The economy grew at a faster-than-previously-reported pace in Q2. Will that help end the 'funk' in some quarters of retail?
By Daphne Howland • Sept. 2, 2014 -
Deep Dive
Will Alibaba's US IPO disrupt American retail?
Here's what you need to know about the Chinese retail giant, which could have a record-setting IPO this month.
By Daphne Howland • Sept. 2, 2014 -
Google developing delivery drones
The Atlantic magazine reported on the development of “Project Wing” by the company’s Google X lab division.
By Daphne Howland • Aug. 29, 2014 -
Gap Inc. reveals problems with working conditions at Myanmar factories
The company said it has addressed the problems, which were found through an audit conducted for the retailer.
By Daphne Howland • Aug. 29, 2014 -
American Apparel investor names new director
Lion Capital LLP, which has supported ousted CEO Dov Charney, has the right to control two seats on the board.
By Daphne Howland • Aug. 29, 2014 -
Abercrombie & Fitch to remove logos from clothes
The retailer will drop its name from most of its clothing in response to younger shoppers' current preference for unique, unlabeled attire.
By Daphne Howland • Aug. 29, 2014 -
Express outlet sales double estimates
The retailer beefed up the number of its Express outlet stores earlier this year.
By Daphne Howland • Aug. 29, 2014 -
Abercrombie & Fitch sales fall on multiple woes
The teen retailer reported a 5.8% drop in revenue in Q2 as it struggles to compete with fast-fashion and slow mall traffic.
By Kelsey Lindsey • Aug. 28, 2014 -
Zara pulls shirt after public outcry
Many people thought the design resembled Nazi concentration camp uniforms. Yet the retailer has been down this road before, and that could be a result of its uber-fast production.
By Daphne Howland • Aug. 28, 2014 -
Mall owner partners with Refinery29 for retail 'block parties'
The project is an effort to get the attention of millennials and includes a mix of local, boutique, and national brands.
By Daphne Howland • Aug. 28, 2014 -
Michaels sees sales gains
The arts and crafts retailer said it will shake off losses partly associated with its recent IPO, raising its forecast for the year.
By Daphne Howland • Aug. 28, 2014 -
Alibaba reports 46% sales increase as IPO nears
The Chinese e-commerce giant reported its second quarter earnings as it approaches its U.S. IPO, expected next month.
By Kelsey Lindsey • Aug. 27, 2014 -
Consumers shopping more online, in more categories
A new study from Nielsen finds that people are browsing online in almost every category, and that browsing leads to buying.
By Daphne Howland • Aug. 27, 2014 -
RadioShack in talks with shareholder to prevent bankruptcy
Sources say hedge fund Standard General LP is drawing up a plan to help RadioShack avoid a bankruptcy filing.
By Daphne Howland • Aug. 27, 2014 -
DSW pays a price for omni-channel efforts
The shoe retailer reported continued flat sales for the quarter, and expects them to stay that way due to investments in fulfillment and other systems.
By Daphne Howland • Aug. 27, 2014 -
Nordstrom's loyalty program drives almost half of sales
The department store’s Nordstrom Rewards members shop more often and spend more than non-members.
By Daphne Howland • Aug. 27, 2014 -
Tiffany beats expectations with strong sales
The high-end jewelry company is doing well and expects that trend to continue.
By Daphne Howland • Aug. 27, 2014