Financial News: Page 367


  • Image attribution tooltip
    Retrieved from Amazon on July 29, 2013
    Image attribution tooltip

    Amazon may own '.free' domain

    ICANN documents indicate that other bidders have dropped out of the auction. 

    By Ian P. Murphy • March 23, 2015
  • Rite Aid stock rises on takeover talk

    Shareholders liked the idea last week, and Walgreens Boots Alliance has said it will be looking to expand. But it’s unclear whether an acquisition of Rite Aid would be the ticket.

    By March 23, 2015
  • Former Gap global CMO moves to Spotify

    Seth Farbman was instrumental in revitalizing Gap's brand. 

    By Ian P. Murphy • March 23, 2015
  • J.C. Penney shuffles C-suite, again

    Executive vice president and general counsel Janet Dhillon is leaving amid other staff changes at the retailer.

    By March 23, 2015
  • Image attribution tooltip
    "Playland" by Jeremy Noble is licensed under CC BY 2.0
    Image attribution tooltip

    Report claims Mall of America 'catfished' protesters in December

    Malls are gathering places with particular, challenging security concerns. But if the allegations are true, the Mall of America's actions may drive shoppers away.

    By March 23, 2015
  • Toys 'R' Us swings to profit after cost cutting

    The retailer is also moving away from its iconic Times Square location in New York City.

    By March 23, 2015
  • Rakuten continues to diversify with OverDrive acquisition

    Japan's largest online marketplace has expanded its e-book footprint. 

    By Ian P. Murphy • March 20, 2015
  • FAA gives Amazon the go-ahead to test drones

    The agency has been slow in releasing rules for commercial use of remote-controlled aircraft. This is a small breakthrough for Amazon, but hardly approval of its drone program.

    By March 20, 2015
  • Sears defends its ability to pay vendors

    The retailer pushed back on reports that said it was forced to pay invoices early, saying it’s doing fine and moving forward with its planned REIT.

    By March 20, 2015
  • TAG Heuer developing luxury smartwatch with Google, Intel

    Apple’s conspicuous entry into the market with its $10,000 gold Apple Watch has clearly caught the attention of the upscale watchmaker.

    By March 20, 2015
  • Hedge fund says its bid could save RadioShack stores

    But Standard General’s offer for next week's auction is being challenged by other RadioShack lenders.

    By March 20, 2015
  • Deep Dive

    How retail's gender gap affects retailers

    Women are essential to retail, as both customers and hourly workers. But is the industry making things harder for one of its most valuable demographics?

    By March 19, 2015
  • Target agrees to settle breach lawsuit for $10M

    The retailer has proposed to pay victims of its massive 2013 data hack up to $10,000 each. 

    By Kelsey Lindsey • March 19, 2015
  • Second American Apparel ad banned in UK

    The retailer's bodysuit ad was seen as an attempt to sexualize a child by UK authorities. 

    By Ian P. Murphy • March 19, 2015
  • Ulta's e-commerce revenue jumps 56%

    Total sales grew 21.4% to reach $3.2 billion in 2014.  

    By Ian P. Murphy • March 19, 2015
  • Exterior of a DSW store.
    Image attribution tooltip
    "DSW" by Mike Mozart is licensed under CC BY 2.0
    Image attribution tooltip

    DSW beats expectations on e-commerce push

    But the retailer is finding that ship-from-store is expensive and will tweak how it fulfills online orders from stores, its CEO says.

    By March 19, 2015
  • Mary Kay Cosmetics sues RetailMeNot for fraud

    The coupon site says it’s a bridge between shoppers and brands, but the cosmetics company would like to burn that.

    By March 19, 2015
  • Image attribution tooltip
    Retrieved from Amazon on March 12, 2015
    Image attribution tooltip

    Amazon shuttering Webstore e-commerce platform

    Small and medium retailers now have several other strong platform options like Shopify and Bigcommerce.

    By March 19, 2015
  • Target plans to raise minimum wage to $9 per hour, WSJ reports

    The retailer will boost its minimum starting next month. 

    By Kelsey Lindsey • March 18, 2015
  • Joe Fresh founder leaving company

    Charismatic designer and entrepreneur Joe Mimran is stepping down, and president Mario Grauso is well prepared to expand the brand, the company said.

    By March 18, 2015
  • Foot Locker revamping stores, eyes $10B in sales by 2020

    As sports apparel booms for athletics and weekend leisure, the retailer aims to cash in with the right mix of merchandise.

    By March 18, 2015
  • UPDATE: Simon sweetens bid for mall operator Macerich

    Simon Property Group boosted its cash and stock offer for rival Macerich Co. and said it would withdraw that "best and final" offer if Macerich didn't take a meeting by April 1.

    By March 18, 2015
  • Sotheby's, eBay launch partnership

    The first online auction by the two companies will go live online April 1 to a broad global customer base.

    By March 17, 2015
  • Adidas to drop NBA licensing partnership

    Adidas' decade-long partnership with the basketball league will end, as a new deal is likely too expensive for the slipping sports gear retailer.

    By March 17, 2015
  • Glamour launching e-commerce efforts

    The move, beginning in the UK and U.S. this year, makes good on the retail push begun by publisher Condé Nast two years ago.

    By March 17, 2015