Financial News: Page 317
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Neiman's marketing chief calls it quits
Wanda Gierhart spearheaded the company's omnichannel efforts and its Snap.Find.Shop. visual search app.
By Ian P. Murphy • March 29, 2016 -
TreasureHunt malware strain stealing swipe payment data
Cybersecurity experts said the malware intercepts consumer credit card information from POS systems.
By Ian P. Murphy • March 29, 2016 -
Report: Facebook Messenger set to support in-store payments
The popular chat app would process payments for items to be picked up in stores.
By Ian P. Murphy • March 29, 2016 -
UPDATE: California Assembly approves $15-per-hour minimum wage; NY gets closer too
The National Retail Federation opposes legislating a national rate for hourly workers, preferring the option to stay with retailers.
By Daphne Howland • March 29, 2016 -
Restoration Hardware launches paid membership program, ends sales
Many experts say it’s the wave of the future, but how many memberships will even wealthy households pay for?
By Daphne Howland • March 29, 2016 -
Wal-Mart beats back Puerto Rico tax
A federal judge agreed that the tax seemed aimed at Wal-Mart in particular, and invalidated it.
By Daphne Howland • March 29, 2016 -
Spending muted in February as cautious Americans save more
Wage stagnation and timid spending has been the story for a while now, and American consumers are, apparently, sticking to it.
By Daphne Howland • March 28, 2016 -
Judge takes major issue with FTC in Staples/Office Depot proceedings
According to the judge, the FTC asked Amazon to lie and say it wasn’t ready to service businesses’ office supplies needs. The truth is, Amazon does seem ready.
By Daphne Howland • March 28, 2016 -
Finish Line commits $15m to boost digital efforts
Beyond fierce competition in the sportswear space, the retailer also faces self-inflicted logistics challenges.
By Daphne Howland • March 28, 2016 -
Fab co-founder Shellhammer scooped up by eBay
Shellhammer's hire is a good fit considering eBay's push to get more creative in its curation and collections efforts.
By Daphne Howland • March 28, 2016 -
Reveal Mobile, Unacast partner to connect beacons and advertising
The deal promises to help merchants more effectively capitalize on data collected from beacons.
By Ian P. Murphy • March 27, 2016 -
Dollar General plans to open 1,000 new stores in 2017
The news comes at a time when bargain retailers are thriving.
By Jason Ankeny • March 24, 2016 -
Amazon: No pay gap for female, minority workers
Pressure from an activist shareholder prompted Amazon to reveal its policies on gender pay equality.
By Daphne Howland • March 24, 2016 -
Wal-Mart cited by OSHA for health and safety violations
Wal-Mart says it’s "confused" by the allegations, claiming it has a strong health and safety program in place.
By Daphne Howland • March 24, 2016 -
Target readies Marimekko line designed for scarcity
Following the frenzy surrounding its limited Lilly Pulitzer line, Target has taken steps to limit reselling on online marketplaces.
By Daphne Howland • March 24, 2016 -
Nike misses on revenue expectations, poaches Under Armour design guru
The athetic wear giant's fiscal Q3 profits rose as sales increased, but the strong dollar undermined international revenues.
By Daphne Howland • March 23, 2016 -
Lumber Liquidators stock soars after CA probe settled
The fine fully resolves allegations that some of its flooring sourced in China was unsafe.
By Daphne Howland • March 23, 2016 -
Macy's adds REIT exec to board to boost real estate expertise
Macy’s is getting serious about extracting value from its real estate portfolio.
By Daphne Howland • March 23, 2016 -
Target's Food + Future Lab testing new labeling, scanning options
The project changes up grocery display by boldly and clearly listing food ingredients on the front of packages.
By Daphne Howland • March 23, 2016 -
Nordstrom hits the festival circuit with pop-up shops
The pop-up 'pods' debuted at South by Southwest (SXSW) last week and will continue on to three more music festivals this spring.
By Ian P. Murphy • March 22, 2016 -
Amazon sues former supply chain exec over new Target job
The e-retail giant says a non-compete agreement that Arthur Valdez signed 16 years ago prevents him from working in a similar capacity for 18 months.
By Daphne Howland • March 22, 2016 -
Todd Snyder to open first US store after American Eagle acquisition
The acquisition of Todd Snyder could help teen retailer American Eagle expand its customer base to more stylish (and wealthier) older men.
By Daphne Howland • March 22, 2016 -
Survey: Spring fever driving shoppers to brick-and-mortar stores
Most consumers will be using their phones to check prices and shop ahead, and many plan to take advantage of “click and collect” services.
By Daphne Howland • March 22, 2016 -
Alibaba reaches huge sales milestone as China growth slows
The company sold 3 trillion yuan of goods last year and is planning a major push into India.
By Daphne Howland • March 22, 2016 -
FTC comes out swinging in Staples/Office Depot merger court battle
Staples says Amazon’s entry into the office supplies market guarantees tough competition.
By Daphne Howland • March 22, 2016