Financial News: Page 389
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Court rules against retailer in online review case
Complaining customers win big despite KlearGear.com’s “non-disparagement clause.”
By Daphne Howland • May 19, 2014 -
Speculation grows over who will buy Sears Canada
Macy’s says it won’t buy the struggling operations, but many other retailers are interested in Canadian expansions.
By Daphne Howland • May 16, 2014 -
Is J.C. Penney rising from the ashes?
Many have written the retailer off, but Penney reported a 6.2% sales increase in the first quarter for stores open more than a year.
By Daphne Howland • May 16, 2014 -
Wal-Mart stores offer on-site law services in Canada
The addition of law services might expand to Wal-Marts below the border.
By Daphne Howland • May 15, 2014 -
Retailer removes emaciated mannequins after Twitter complaints
The too-thin models were spotted at a high-end New York City lingerie store.
By Daphne Howland • May 15, 2014 -
Analyst: Apparel company VF could acquire Lululemon or Lands' End
The American clothing company runs The North Face, Vans, and Timberland, among other brands.
By Daphne Howland • May 14, 2014 -
Mobile sales app Boxed poised to disrupt bulk shopping
Younger consumers are losing interest in club-based, bulk-shopping retailers like Costco and Sam’s Club.
By Daphne Howland • May 14, 2014 -
Commerce Department reports slow April sales growth in retail
The monthly report shows that consumers held back a bit after hitting stores heavily in March.
By Daphne Howland • May 13, 2014 -
While e-commerce grows, brick and mortar will be just fine
A five-year retail forecast report by Forrester Research finds growth in all retail sectors and dispels some myths about physical stores.
By Daphne Howland • May 13, 2014 -
Proxy fight signals trouble for Zale-Signet merger
TIG Advisors LLC is asking fellow shareholders to vote against the $21-per-share buyout approved by Zale’s board.
By Daphne Howland • May 13, 2014 -
Wages likely to rise this year
Even without a nationwide minimum wage increase, wages could increase as retailers compete for workers in a healthier economy.
By Daphne Howland • May 13, 2014 -
Report: Consumer shopping rebounded in April
The MasterCard SpendingPulse report took into account payments through its own system as well as estimates of payments by cash and checks.
By Daphne Howland • May 12, 2014 -
Study shows ignoring non-moms costing retailers
By overemphasizing motherhood over “otherhood,” retailers are leaving money on the table, according to a new book and corresponding study.
By Daphne Howland • May 12, 2014 -
Apple reportedly buying Beats Electronics
The deal would expand Apple’s reach in headphones and speakers, and includes an attractive ownership of Beats Music.
By Daphne Howland • May 9, 2014 -
Retailers fighting for internet neutrality
More than 100 companies signed a letter to the FCC urging against varied pricing for web companies.
By Daphne Howland • May 9, 2014 -
Deep Dive
That all-American retail appeal
The "Made in USA" label has proved to be an alluring—though sometimes elusive—tag for many retailers.
By Kelsey Lindsey • May 9, 2014 -
ShopRunner to launch in China thanks to Alibaba deal
The deal will make it easier for many U.S. retailers to enter the growing Chinese market.
By Daphne Howland • May 8, 2014 -
Kmart adds specialty pharmacy services
The retailer, which runs 800 pharmacies nationwide, will provide medication and expertise for several severe chronic conditions.
By Daphne Howland • May 6, 2014 -
Deep Dive
What price is right? The many facets of the price tag
Upscale or downscale, retailers are focusing on prices as shoppers become more aware of the bottom line.
By Daphne Howland • May 5, 2014 -
Groupon bulking up with Groupon Basics
The coupon site will sell items like razors and diapers in warehouse-sized packages through its new business.
By Daphne Howland • May 2, 2014 -
Minimum wage increase fails, except in Seattle
The U.S. Senate blocked a bill to increase the national minimum wage, but Seattle may end up with one that is the highest in the nation.
By Daphne Howland • May 2, 2014 -
US unemployment dips to lowest since 2008
The latest snapshot shows the economy improving -- good news for retailers that have been sitting on ice over the winter.
By Daphne Howland • May 2, 2014 -
Coach seeks better sales with higher prices
The luxury retailer is raising prices and creating smaller batches in an effort to become more exclusive.
By Daphne Howland • May 1, 2014 -
Aeropostale to cut jobs, close kids stores
The retail chain is running out of cash and struggling in a tough teen market.
By Daphne Howland • May 1, 2014 -
Two Supreme Court rulings likely to deter 'patent trolls'
Companies victimized by entities seeking money for patents now have more of an incentive to fight them in court.
By Daphne Howland • April 30, 2014