Financial News: Page 383
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Walgreens replacing CFO with Kraft executive
The move comes as the drugstore retailer acquires UK drugstore chain Alliance Boots, and nears a decision on a tax inversion plan.
By Daphne Howland • Aug. 5, 2014 -
Warby Parker exec shines in ultimate customer service move
The head of social innovation at the eyewear e-retailer took the time to return a fellow train rider’s glasses, even including a personal touch.
By Daphne Howland • Aug. 5, 2014 -
New rules could require retailers to disclose food stamp data
The U.S. Department of Agriculture is seeking public comment on proposed regulations to reveal how much retailers take in from the Supplemental Nutrition Assistance Program.
By Daphne Howland • Aug. 5, 2014 -
Victoria's Secret Pink brand loses UK trademark suit
But it has turned the tables on a Nebraska-based e-retailer that sells pink-colored things.
By Daphne Howland • Aug. 4, 2014 -
July jobs report shows healthy momentum
The unemployment rate stayed unchanged as the jobs report more or less met high expectations.
By Daphne Howland • Aug. 1, 2014 -
Homeland Security warns of 'Backoff' point-of-sale malware
The department’s United States Computer Emergency Readiness Team says the malware is mostly undetectable.
By Daphne Howland • Aug. 1, 2014 -
Macy's cosmetics workers win labor case
A group of 41 Macy’s cosmetics department employees in Massachusetts can form a union, the National Labor Relations Board rules.
By Daphne Howland • July 31, 2014 -
Snapchat chatting up investors, including Alibaba
With e-retail giant Alibaba involved, the round of investment financing could reportedly hit $10 billion.
By Daphne Howland • July 31, 2014 -
Amazon to invest $2 billion in Indian operations
The news came just hours after Indian e-commerce site Flipkart raised $1 billion in new funding.
By Kelsey Lindsey • July 30, 2014 -
Alleged Florida scam leaves Apple liable for loss
One man’s simple maneuver allegedly scammed the retailer out of more than $300,000 in merchandise.
By Daphne Howland • July 30, 2014 -
Study: Major retailers pay better than smaller businesses
New research finds that educated employees can land good jobs in retail management.
By Daphne Howland • July 30, 2014 -
San Francisco supervisor to introduce retail worker rights bill
If enacted, the bill would affect part-time workers in some 1,250 retail chain stores in the city.
By Daphne Howland • July 29, 2014 -
One-third of consumers with credit have debts in collection
The news may be a piece of the puzzle now known as “the retail funk.”
By Daphne Howland • July 29, 2014 -
FTC attempts to head off mobile cramming as payments surge
The agency sent out guidelines for companies to follow in order to prevent unauthorized mobile charges.
By Daphne Howland • July 29, 2014 -
Patent trolls' favorite prey? Retailers
A study says that retailers could get entangled in more than 525 patent lawsuits this year.
By Daphne Howland • July 28, 2014 -
RadioShack faces NYSE delisting
The struggling retailer’s stock has traded below $1 for more than 30 straight days.
By Daphne Howland • July 28, 2014 -
Study finds 90% of retail sales occur in physical stores
And physical stores also foster web and mobile sales, according to the report.
By Daphne Howland • July 28, 2014 -
Protestors target REI over Bangladesh working conditions
The group United Students Against Sweatshops staged demonstrations at REI stores over its North Face products.
By Daphne Howland • July 28, 2014 -
Lululemon in the habit of filing, defending patents
The retailer is unusually assertive in its defense of designs for its clothing.
By Daphne Howland • July 25, 2014 -
Obama and Dems aim to check tax inversions
President Obama called for Congress to pass legislation saying that companies with half of their business in the U.S. are to be domiciled here.
By Daphne Howland • July 25, 2014 -
Report shows consumer confidence growing
As the holiday shopping season looms, expectations are rising for healthier retail sales in the second half of the year.
By Daphne Howland • July 25, 2014 -
For teenagers, malls trump e-commerce
While young teens especially love the mall, they’re also using phones to help them shop.
By Daphne Howland • July 25, 2014 -
Amazon's new earnings miss estimates
The company also warned that losses in the upcoming quarter would be worse than expected.
By Kelsey Lindsey • July 24, 2014 -
Sixteen states to offer back-to-school sales tax holidays
While the earliest sales tax holiday begins today, many states are waiting until August to start their holidays.
By Kelsey Lindsey • July 24, 2014 -
Sam's Club to support child care businesses
The retailer has discovered that many of its customers are women who own micro-businesses, including small day care centers.
By Daphne Howland • July 24, 2014
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