Financial News: Page 340
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Amazon launches restaurant delivery in Seattle
The e-retail giant is also hiring for a restaurant division in New York.
By Daphne Howland • Sept. 8, 2015 -
Deep Dive
Star Wars: The Force awakens retail
The new Star Wars movie's much anticipated release could be a merchandising bonanza spanning from last week's "Force Awakens Friday" until the holidays.
By Daphne Howland • Sept. 4, 2015 -
E-book sales fall after prices rise
In the absence of the tight-fisted control Amazon once had, the market will need time and experimentation to find the sweet spot in pricing.
By Daphne Howland • Sept. 4, 2015 -
Delia's betting on nostalgia for its comeback
Early fans of Delia's famous catalog who are all grown up will soon be able to buy jeans and other clothing in adult sizes.
By Daphne Howland • Sept. 4, 2015 -
Is CVS' tobacco-sales ban helping the US quit smoking?
Results of a study looking at tobacco sales commissioned by the drugstore retailer are debatable, but some advocates say they’re significant.
By Daphne Howland • Sept. 3, 2015 -
After union complaint, Wal-Mart reopening 5 stores it abruptly closed
The retailer says that stores in several states were shuttered and workers laid off due to plumbing issues and store upgrades.
By Daphne Howland • Sept. 3, 2015 -
Net-a-Porter founder quits ahead of Yoox merger
Natalie Massenet resigned as executive chairman of the company and will not become chairman of the merged company as previously planned.
By Daphne Howland • Sept. 3, 2015 -
New rule could bring gap between retail CEO, worker pay into sharp relief
Some praise the looming pay rule, saying it’s useful to see which companies are responsible for the country’s wage gap, while critics condemn it as a shaming tactic.
By Daphne Howland • Sept. 3, 2015 -
Asos founder steps down as CEO after 15 years
These days the British e-retailer must concentrate on growth and strategy more than vision and drive, so having its COO take over makes sense.
By Daphne Howland • Sept. 2, 2015 -
Kmart to pay $1.4M in Medicare inducement case
The infractions occurred from June 2011 to June 2014 came to light thanks to a whistleblower, who will share the proceeds of the fine with the government.
By Daphne Howland • Sept. 2, 2015 -
Dollar Tree shows strength after Family Dollar merger
The retailer is asking for time post-merger to figure out major issues like merchandising and store location, but is proving to be a capable rival to Wal-Mart Stores.
By Daphne Howland • Sept. 2, 2015 -
Lululemon unveils its new approach to yoga pants
Could this move introduce a new era in “athleisure” street wear?
By Daphne Howland • Sept. 2, 2015 -
Apple exec move shows that luxury is getting serious about e-commerce
A recent report predicted that web sales could make up to 18% of luxury sales by 2025.
By Daphne Howland • Sept. 2, 2015 -
PayPal consumer business exec Hill Ferguson resigns
The company's consumer and merchant operations will be consolidating under Bill Ready.
By Ian P. Murphy • Sept. 1, 2015 -
After wage hikes, Wal-Mart cutting hours in certain stores
The retailer’s recent pay boost is ballooning costs, but is curtailing staff schedules the answer when shelves are empty and stores are dirty?
By Daphne Howland • Sept. 1, 2015 -
Department stores find new ways to lure back beauty customers
It would be unwise for department stores to cede this territory to their drugstore and specialty retail competition.
By Daphne Howland • Sept. 1, 2015 -
Forever 21 looks to downsize
Signs of life from other teen retailers aren't helping the retailer, which seems to have overextended itself in recent years.
By Daphne Howland • Sept. 1, 2015 -
Higher wages lead to spending bump in July
July’s consumer spending growth is a good indication that the U.S. economy was largely sheltered from the economic woes seen globally.
By Daphne Howland • Aug. 31, 2015 -
Myanmar sets daily wage minimum to boost apparel manufacturing
The $2.80 per day minimum was finally set after two years of intense negotiations among labor groups, factory owners, and the government.
By Daphne Howland • Aug. 31, 2015 -
Wal-Mart launches holiday layaway two weeks early
The early launch is tied to the release of new Star Wars toys and collectibles, which are expected to take center stage during this year's holiday season.
By Ian P. Murphy • Aug. 28, 2015 -
Bonobos co-founder Andy Dunn to return as CEO
The menswear company's current CEO, ex-Coach exec Francine Della Badia, will be stepping down after less than three months at the job.
By Daphne Howland • Aug. 28, 2015 -
Labor Board expands employer responsibility for temp, franchise workers
In many ways, the ruling is an adjustment to today’s employment reality, but it is likely to be challenged in court by businesses.
By Daphne Howland • Aug. 28, 2015 -
J. Crew still suffering from falling sales in Q2
But its lower-priced Madewell brand, with price points and styles that are pleasing shoppers, helped mitigate the results.
By Daphne Howland • Aug. 28, 2015 -
WSJ: Amazon scaling back Fire phone, other devices' development
It’s unlikely that Amazon will abandon its hardware-development unit entirely, as the “Internet of Things” and devices for the “connected home” are starting to appeal to the mainstream consumer.
By Daphne Howland • Aug. 28, 2015 -
Target ramps up Star Wars fever with new nostalgic site
ShareTheForce.com will collect Star Wars memories from fans ahead of the highly-anticipated movie's holiday release.
By Ian P. Murphy • Aug. 27, 2015