Financial News: Page 375
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Change of tune in Apple's e-book antitrust case
Although nothing is certain, Monday saw a significant turn of events considering that the antitrust case hasn’t gone Apple’s way in district court.
By Daphne Howland • Dec. 16, 2014 -
Wigget named Bebe CEO
The retailer's appointment indicates that the company wants to keep the momentum it has seen since naming Jim Wigget interim CEO this summer.
By Daphne Howland • Dec. 16, 2014 -
Wanelo integrates with shopping app Shopify
The shopping-oriented social network is quickly moving more deeply into e-commerce.
By Daphne Howland • Dec. 16, 2014 -
Lululemon expanding children's brand
The retailer’s Ivivva Athletica brand will open 20 new stores this month.
By Daphne Howland • Dec. 16, 2014 -
Deep Dive
10 companies that 'won' retail in 2014
Not all of these retailers had the biggest sales numbers of the year—but they caught our eye for a number of other reasons.
By Daphne Howland • Dec. 15, 2014 -
Labor board ruling a boon to union organizing
The new rule that would speed up union organizing was hailed by unions, but retailers and other business groups object and are likely to appeal.
By Daphne Howland • Dec. 15, 2014 -
RadioShack still breathing after victory over lender
But even after the news that RadioShack is not in debt default, the retailer again warned that it is on the brink of bankruptcy.
By Daphne Howland • Dec. 15, 2014 -
Hedge fund urges Staples-Office Depot merger
Activist investor Starboard Value has increased its stakes in both companies, but such a deal may not be as easy as it seems.
By Daphne Howland • Dec. 15, 2014 -
PetSmart agrees to $8.7B buyout
The sale to a private equity company is the biggest leveraged buyout of a U.S. company this year.
By Daphne Howland • Dec. 15, 2014 -
Situation dire for RadioShack
The struggling retailer reported its eleventh straight quarter of losses recently, and it’s not being helped by its lenders.
By Daphne Howland • Dec. 12, 2014 -
Epicor scoops up ShopVisible
With its recent acquisitions, Epicor is poised to flex some serious tech muscle for mid-sized and larger retail companies.
By Daphne Howland • Dec. 12, 2014 -
Lululemon sales beat expectations
The activewear retailer seems to finally be recovering from some of its self-inflicted wounds.
By Daphne Howland • Dec. 12, 2014 -
Walgreen CEO to leave after all
The original plan was for Greg Wasson to lead the company after its merger with UK drugstore retailer Alliance Boots.
By Daphne Howland • Dec. 11, 2014 -
Wal-Mart names new COO
Judith McKenna, a 20-year company veteran, succeeds Gisel Ruiz in the latest round of executive musical chairs.
By Daphne Howland • Dec. 11, 2014 -
Costco reports expectation-busting Q1 profits
The company is besting its competition, with same-store sales and overall sales both rising in the last quarter.
By Daphne Howland • Dec. 11, 2014 -
Judge rules Wal-Mart labor moves unlawful
A National Labor Relations Board judge said the company's discipline of and threats against protesting workers was out of bounds.
By Daphne Howland • Dec. 11, 2014 -
Etsy payments chief departs
Camilla Velasquez helped launch the marketplace’s wholesaling program and the development of its credit-card reader.
By Daphne Howland • Dec. 10, 2014 -
Supreme Court sides with Amazon in warehouse worker pay case
The vote was unanimous, and said that the e-retail giant’s warehouse working conditions can continue without change.
By Daphne Howland • Dec. 10, 2014 -
Abercrombie CEO steps down
Mike Jeffries will retire as CEO and a member of the board effective immediately.
By Kelsey Lindsey • Dec. 9, 2014 -
Kohl's third quarter news all about e-commerce
The retailer’s sales are sluggish, except when it comes to its online operations.
By Daphne Howland • Dec. 9, 2014 -
House approves tax benefits bill for retail remodeling
The bill was stalled in the House—which is generally loathe to consider tax legislation—but now moves on to the Senate.
By Daphne Howland • Dec. 9, 2014 -
New York to give Amazon $5M for 500 jobs
The tax-credit program is designed for companies that can boost employment in the area.
By Daphne Howland • Dec. 8, 2014 -
RadioShack will end 401(K) matching program
The retailer is on the brink and is being stymied once again by two of its lenders.
By Daphne Howland • Dec. 8, 2014 -
"https://www.flickr.com/photos/jeepersmedia/14853082845/in/photolist-2k8nwKQ-2jkjsvv-oCvW4g-oCuf3U-oEgTw6-oCufvN-oAuaV1-oCfiot-oAub5j-om2TrM-2ihyE2T-ofj1tt-oEgSPe-om2vPR-oCvUVV-om2ajd-2pC7eGW-owLTPE-2m" by Mike Mozart is licensed under CC BY 2.0
Five Below names COO as incoming CEO
The discount retailer is expanding, opening 12 new stores just this year.
By Daphne Howland • Dec. 8, 2014 -
Delia's to file for bankruptcy
The teen clothing retailer hinted in September that it may not have enough cash to survive the year.
By Kelsey Lindsey • Dec. 5, 2014