Financial News: Page 362
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Dollar General increasing hours, not wages
Many workers say that getting enough hours is as important as getting enough pay when it comes to making a living.
By Daphne Howland • March 17, 2015 -
J.C. Penney CMO exits
Debra Berman was charged with revitalizing the department store's brand.
By Ian P. Murphy • March 16, 2015 -
Wal-Mart shuffles grocery team in effort to improve food
Wal-Mart Stores Inc. is shaking up its executive food team in an effort to bring in more shoppers.
By Daphne Howland • March 16, 2015 -
TigerDirect giving up on brick-and-mortar
The Miami-based retailer once gobbled up Circuit City and CompUSA, but things have changed for electronics retail.
By Daphne Howland • March 16, 2015 -
Lumber Liquidators shares tumble, again
The retailer’s shares rose after going on the defensive Thursday, but those gains have disappeared as the controversy continues.
By Daphne Howland • March 16, 2015 -
Wet Seal acquired by Versa Capital at auction
Unlike retailers Delia’s and RadioShack, the teen apparel retailer has a chance to survive its bankruptcy.
By Daphne Howland • March 16, 2015 -
Facebook buys shopping search engine TheFind
The e-commerce search engine could help improve localized results for Facebook's search.
By Ian P. Murphy • March 16, 2015 -
FTC could call for 250 divestitures for Dollar Tree
The retailer is optimistic the merger can happen by April.
By David Oliver • March 13, 2015 -
Lumber Liquidators CEO: 'Confident' products are safe
The lumber company says it understands that consumers are alarmed by a damning 60 Minutes report, but says that better testing reveals that there’s little problem with its laminate.
By Daphne Howland • March 13, 2015 -
Ulta has billion-dollar quarter
The retailer continues to see healthy sales and growth, with 100 new stores planned to open this year.
By Daphne Howland • March 13, 2015 -
Express tops estimates in holiday quarter
Unlike many of its competitors, the apparel retailer is exceeding expectations thanks to its outlet strategy.
By Daphne Howland • March 13, 2015 -
Aeropostale's recovery stalled by weather, ports issues
The fact that the retailer posted its first profit in many quarters doesn’t matter much at the moment, but CEO Julian Geiger says things will get better.
By Daphne Howland • March 13, 2015 -
Alibaba recruiting talent from Seattle's tech hub
It’s fitting, considering how much the city inspired founder Jack Ma when he visited in the eighties.
By Daphne Howland • March 13, 2015 -
Alibaba to invest $200 million in Snapchat
The Chinese e-commerce company also said that Mike Katz will join its investment team from San Francisco.
By Daphne Howland • March 12, 2015 -
Dollar General moves ahead with 730 new stores
The retailer will open the new stores as it strives to compete with its bulked up Dollar Tree-Family Dollar competitor and new pushes by Wal-Mart Stores and Target.
By Daphne Howland • March 12, 2015 -
Amazon unveils Pinterest-like 'Exclusives' storefront
“Amazon Exclusives” has a selection of products that are found exclusively on the storefront or on the sellers’ own sites.
By Daphne Howland • March 11, 2015 -
LL Bean to triple US stores by 2020
E-commerce came naturally to the retailer, which has sold boots, apparel, and gear through its catalog for more than 100 years. But now it needs more stores.
By Daphne Howland • March 11, 2015 -
PayPal acquires Israeli cyber-security firm
The deal comes a week after the payments company, soon an eBay spinoff, bought mobile wallet Paydiant.
By Daphne Howland • March 11, 2015 -
Barnes & Noble stays committed to Nook despite tumbling sales
The bookseller says it is invested in its e-reader, despite a 50% sales drop in its last quarter.
By Daphne Howland • March 11, 2015 -
Target begins layoffs with 1700 job cuts
The layoffs are part of the retailer's recently announced turnaround plan.
By Kelsey Lindsey • March 10, 2015 -
UPDATE: Consumer safety watchdog looking into Lumber Liquidators
The Consumer Product Safety Commission confirmed that it has requested the test results of a damning journalism report by 60 Minutes, which sent the retailer's stock into an even deeper dive.
By Daphne Howland • March 10, 2015 -
Barnes & Noble invests in online study vendor Flashnotes
The investment makes good on the bookseller’s announcement last month that it would spin off and expand its collegiate business.
By Daphne Howland • March 10, 2015 -
Cache to close all stores
After filing for Chapter 11 bankruptcy protection early last month, the women’s apparel retailer said it will end its business operations entirely.
By Daphne Howland • March 10, 2015 -
PetSmart to go private
Investors approved the $8.7 billion bid from London-based private equity firm BC Partners.
By Daphne Howland • March 10, 2015 -
Urban Outfitters beats estimates with Q4 sales increase
The Philadelphia-based apparel retailer saw the first same-store sales increase for its namesake brand in three quarters.
By Daphne Howland • March 10, 2015