Financial News: Page 370
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Dollar Tree to Family Dollar: We've 'reached the end of our patience'
The discount retailer with an offer on the table and a promise to close stores to avoid antitrust issues has told Family Dollar’s shareholders to take it or the deal is off.
By Daphne Howland • Jan. 13, 2015 -
Investment firm offers RadioShack $500M in bankruptcy financing
Swiss investment firm Salus has had a sometimes contentious relationship with the struggling electronics retailer.
By Daphne Howland • Jan. 13, 2015 -
Fab co-founder launching new flash-sales site
While the future of furniture flash-sales site Fab.com is uncertain, one of its founders Bradford Shellhammer has launched a similar site featuring industrial designs.
By Daphne Howland • Jan. 11, 2015 -
Famed menswear retailer Louis Boston to close
The 85-year-old retailer introduced some of the best European designers to U.S. menswear before they were well known, and launched the career of America’s own Joseph Abboud.
By Daphne Howland • Jan. 11, 2015 -
As jobless rate falls, so do wages
While the economy seems to have gained new vigor and added more jobs last month, wages fell.
By Daphne Howland • Jan. 11, 2015 -
Deep Dive
Looking ahead: Retailers to keep an eye on this year
2014 was a bumpy retail year. But some companies have the promise of both progress and success in 2015.
By Daphne Howland • Jan. 9, 2015 -
J.C. Penney to cut 40 stores, 2,250 jobs in 2015
The retailer appears to be preparing for operations under a new CEO, who comes aboard later this year.
By Daphne Howland • Jan. 9, 2015 -
Macy's announces big restructuring plans
The department store’s customers will soon experience a Macy’s with streamlined in-store and digital operations.
By Daphne Howland • Jan. 9, 2015 -
Family Dollar's Q1 misses expectations
The discount chain in the midst of takeover drama says it’s shifting its strategy from special promotions to everyday low prices.
By Daphne Howland • Jan. 9, 2015 -
Dick's Sporting Goods may go private
The sporting goods retailer is one of several companies that observers say are ripe for a buyout.
By Daphne Howland • Jan. 8, 2015 -
Body Central preparing for bankruptcy
The mall-based retailer, founded in the 1970s, has been vulnerable to teenagers' shifting shopping habits and the decline of malls.
By Daphne Howland • Jan. 8, 2015 -
Wet Seal closing majority of stores, laying off 3,700
The teen-apparel retailer is getting closer to the end.
By Daphne Howland • Jan. 8, 2015 -
J. Crew CFO departs for Lululemon
Stuart C. Haselden, J. Crew CFO and EVP, is taking over for Lululemon CFO John Currie.
By Daphne Howland • Jan. 8, 2015 -
Former Beats by Dre partner sues Apple unit
Audio tech company Monster says that Beats Electronics fraudulently ended a partnership between the two ahead of Beat's lucrative merger with Apple.
By Daphne Howland • Jan. 7, 2015 -
Kickstarter leaves Amazon Payments for Stripe
The project-funding platform needs a payments service that makes it easy for people to contribute to the endeavors of artists and entrepreneurs from all over the world.
By Daphne Howland • Jan. 7, 2015 -
J.C. Penney has nice 3.7% holiday gain
The retailer also predicted that it would see close to a 4% same-store sales increase in its fourth quarter.
By Daphne Howland • Jan. 7, 2015 -
American Apparel revamps ethics code
The behavior that repeatedly got founder Dov Charney in trouble over the years is strictly prohibited under a new, longer and stronger code of conduct.
By Daphne Howland • Jan. 7, 2015 -
Coach to buy shoemaker Stuart Weitzman
The luxury brand will purchase the women's footwear maker for as much as $574 million.
By Kelsey Lindsey • Jan. 6, 2015 -
Wet Seal faces online outrage
As the retailer appears to wind down its business, employees took to social media to complain about unpaid time, short notice, and other ways they say the retailer left them in the cold.
By Daphne Howland • Jan. 6, 2015 -
Amazon's Marketplace has banner year
Sellers from more than 100 countries sold more than $2 billion worth of goods through Amazon in 2014.
By Daphne Howland • Jan. 6, 2015 -
C. Wonder to shutter all stores
The quirky retailer founded by Tory Burch’s ex-husband three years ago appears to be finished.
By Daphne Howland • Jan. 6, 2015 -
American Apparel slows factory and payments to suppliers
The retailer is under intense cash pressure due in part to the high costs of its months of legal and financial drama.
By Daphne Howland • Jan. 5, 2015 -
Legal weed retailers struggling
Medical marijuana and the old-fashioned black market remain fierce competitors for legal weed retailers in Colorado and Washington facing higher costs.
By Daphne Howland • Jan. 5, 2015 -
Wet Seal receives notice of default
The cash-strapped teen apparel retailer has suffered falling sales in malls and online.
By Daphne Howland • Jan. 4, 2015 -
Deep Dive
The 10 most read features in 2014
These are the stories that got the most clicks in 2014.
By Kelsey Lindsey • Dec. 30, 2014