Financial News: Page 360
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Macy's unveils sweeping omnichannel initiatives
The chain will combine its digital and in-store merchandising marketing teams and invest deeply in online.
By Ian P. Murphy • March 31, 2015 -
Wal-Mart pulls back free shipping in Canada
The company joins several other U.S. retailers in scaling back operations up north.
By Daphne Howland • March 31, 2015 -
Amazon hires pilot union exec for drone program
And the e-retail giant also moves along its patents for a clerk-free brick-and-mortar store.
By Daphne Howland • March 31, 2015 -
Amazon launches professional services marketplace
With Amazon Home Services, the e-commerce giant goes beyond selling physical and digital products.
By Kelsey Lindsey • March 30, 2015 -
With new owner, SkyMall catalog may return to airlines
C&A Marketing won SkyMall’s trademark and e-commerce business, but its new owner says plans go beyond returning the catalog to the seat pocket in front of you.
By Daphne Howland • March 30, 2015 -
Williams-Sonoma releases mobile recipe app
The branded app brings favorite recipes and tools to mobile users.
By Ian P. Murphy • March 30, 2015 -
MakerBots 3D printers debut at Sam's Club
The low-cost 3D printers make a move for the mainstream.
By Ian P. Murphy • March 30, 2015 -
Apple CEO Tim Cook blasts new Indiana religious law
Retailers are front and center as Indiana's "religious freedom" law—which allows businesses to discriminate in the name of religious belief—hits.
By Daphne Howland • March 30, 2015 -
GNC bolstering quality controls
The supplements retailer will announce a plan to test its products in an agreement with the New York State attorney general’s office
By Daphne Howland • March 30, 2015 -
Restoration Hardware takes the long view with new growth strategy
The retailer is more into its catalog than social media, and is sticking with brick-and-mortar to successfully reach its wealthy target customers.
By Daphne Howland • March 30, 2015 -
Best Buy folding Canadian Future Shop chain
The retailer bought the iconic Canadian electronics store chain in 2001, but says it must focus on its flagship brand in the country.
By Daphne Howland • March 30, 2015 -
RadioShack auction prolonged by lender quarrels
The retailer is fighting for a Standard General bid that is $20 million higher, but other lenders are pushing back hard.
By Daphne Howland • March 27, 2015 -
Walgreens ends 'Be Well' directive
Employees at the drugstore chain are no longer required to issue the stock phrase upon checkout.
By Ian P. Murphy • March 27, 2015 -
Ousted American Apparel CEO seeks $40M in damages
Dov Charney has re-constituted a lawsuit he instigated nearly a year ago, but suspended in hopes of a return.
By Daphne Howland • March 27, 2015 -
Fred's Super Dollar beefs up executive suite, buys specialty pharmacy
With an improving economy and the merger of Family Dollar and Dollar Tree, “dollar stores” don’t have the luxury of any inefficiencies.
By Daphne Howland • March 27, 2015 -
Lululemon same-store sales up, gives weak outlook
And the retailer may be expanding beyond its exclusive “skinny girl” vibe.
By Daphne Howland • March 27, 2015 -
UPDATE: Consumer Product Safety Commission investigating Lumber Liquidators
Sens. Bill Nelson and Charles Schumer had asked several federal agencies to investigate whether the retailer is selling toxin-contaminated laminate.
By Daphne Howland • March 26, 2015 -
Lands' End stumbles in Q4
Already vulnerable because of its ongoing association with Sears stores, sales and profits were also dinged by a product recall and the strong dollar.
By Daphne Howland • March 26, 2015 -
American Apparel says S.E.C. looking into Dov Charney ouster
Founder Charney was demoted and ultimately fired last year but hasn’t quite given up the idea of a return.
By Daphne Howland • March 26, 2015 -
UPDATE: Yoox, Amazon reportedly in talks to buy Net-A-Porter
A purchase like this could launch the fashion commerce that Amazon has been vying for, but Italian e-commerce fashion retailer Yoox may be closer to such a deal, according to weekend reports.
By Daphne Howland • March 26, 2015 -
Toys 'R' Us to transform stores into play destinations
The retailer wants children to come in and play for a while so their parents spend more time (and money) at its stores.
By Daphne Howland • March 25, 2015 -
Cybersecurity legislation moves through Congress
Several bills addressing data sharing, privacy protection, and cybersecurity measures appear to have broad support and a good chance of becoming law.
By Daphne Howland • March 25, 2015 -
Standard General ups its bid in RadioShack bankruptcy auction
But the process may be held up by objections filed by two states and AT&T over the retailer’s bankruptcy sale of customer data.
By Daphne Howland • March 25, 2015 -
PayPal, eBay chiefs to get $14M each after split
Dan Schulman will be PayPal CEO and Devin Wenig will be eBay CEO after the companies split up later in the year.
By Daphne Howland • March 25, 2015 -
Facebook to push for beauty advertisers
The social media company has hired former InStyle publisher Karin Tracy, who has deep connections with beauty brands.
By Ian P. Murphy • March 24, 2015