Financial News: Page 334


  • Twitter said to be ready to turn it up to 10,000 (characters)

    The expanded character limit may help the platform grow its user base and compete for ad dollars.

    By Ian P. Murphy • Jan. 6, 2016
  • UPDATE: Online furniture retailer Hem sold

    The retailer, brainchild of Fab.com founder Jason Goldberg, may have been ahead of its time.

    By Jan. 6, 2016
  • Investment firm KKR to buy Midwestern farming and hunting chain Mills Fleet Farm

    The 61-year-old company may need cash to fuel growth plans as the hunting-fishing-sportsgear space gets tough.

    By Jan. 5, 2016
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    Retrieved from Walmart on January 05, 2016
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    After viral success, Wal-Mart launches new baked goods with Patti LaBelle

    The retail giant is looking to boost its food offerings, which make up 56% of its U.S. store sales.

    By Ian P. Murphy • Jan. 5, 2016
  • Lululemon stock shoots up 6.5% during volatile day

    Monday was an up-and-down day on Wall Street, but Lululemon's stock rose on the news that several analysts had upgraded their outlooks. 

    By Jan. 5, 2016
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    Depositphotos_40325215_originalamazon
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    Amazon falls 6% after downgrade

    The company's stock fell after analysts questioned whether its growth investments would deliver in 2016 as they did last year.

    By Jan. 5, 2016
  • Target names new chief stores officer amid turnaround efforts

    Long-time head of stores Tina Tyler won’t be sticking around, as CEO Brian Cornell continues to reshape his leadership team. 

    By Jan. 5, 2016
  • China stocks fall, triggers global tumble

    China has been the stage for major expansions by several retailers, thanks to a burgeoning middle class, and many worry that a slowdown in its economy, the world’s second largest, could spell trouble.

    By Jan. 4, 2016
  • El Niño's warm weather is costing retailers $500M

    And the hit will continue into the spring and fall, experts say.

    By Jan. 4, 2016
  • Target to focus on opening small, urban stores in 2016

    Last year, the company did away with specialized names “CityTarget” and “TargetExpress,” rebranding every store to just “Target” regardless of size or location.

    By Jan. 4, 2016
  • Tech-based retail startups could face a tough year

    Tech and web-based startups in 2016 could struggle to garner the kind of private funding they’ve enjoyed in recent years, and the reception for IPOs may not be much warmer.

    By Jan. 4, 2016
  • Icahn wins Pep Boys for $1B plus

    For Pep Boys, the deal likely means major change.

    By Dec. 31, 2015
  • Amazon happily shares some solid holiday numbers

    Last week the e-commerce giant sent out a boastful holiday missive with a litany of its accomplishments.

    By Dec. 28, 2015
  • Heavy numbers of holiday orders slow USPS site

    The postal service’s tracking site was slow at one point Tuesday morning due to 'unprecedented' demand.

    By Dec. 23, 2015
  • Abercrombie ends its CEO search

    The teen retailer is also shaking up its executive team. 

    By Dec. 23, 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 appoints new CIO

    The former Target executive will be Penney's fifth CIO since 2011. 

    By Ian P. Murphy • Dec. 22, 2015
  • Apple veteran will help Alibaba head off counterfeits

    IP wunderkind has helped Apple, Pfizer fight fakes in the past.

    By Ian P. Murphy • Dec. 22, 2015
  • FTC rejects Staples' revised deal to buy Office Depot

    Staples says it's willing to divest business contracts worth $1.25 billion, up from $500 million.

    By Dec. 22, 2015
  • Wal-Mart taps new marketing chief

    The company is turning to company veteran Tony Rogers, who may be set to make some big changes to the retailer’s U.S. marketing approach.

    By Dec. 21, 2015
  • Retailers continue to slash prices as Christmas looms

    With consumers patient and keen on discounts and time running out, retailers have little choice.

    By Dec. 21, 2015
  • US trade office warns Alibaba over fakes

    Although the U.S. Trade Representative’s report didn’t name Alibaba on its blacklist, it did say the Chinese conglomerate and its online marketplaces need to work harder to excise counterfeits.

    By Dec. 18, 2015
  • Hedge fund Cerberus throws a lifeline to struggling Avon

    The $605 million dollar deal could help salvage the company’s fortunes.

    By Dec. 18, 2015
  • Apple alters top management

    The change-up is not so much a shift in strategy but a continuation of the mark Cook is making on the company since the death of founder-CEO Steve Jobs.

    By Dec. 18, 2015
  • 'Secret Santas' paying off layaway orders nationwide

    Anonymous donors and charities aim to take some pressure off struggling families during the holidays.

    By Dec. 17, 2015
  • One Kings Lane lays off more staff, top execs

    The developments highlight the limits of the flash-sales model.

    By Dec. 17, 2015