Financial News: Page 376


  • 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 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 Jan. 11, 2015
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    Fotolia
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    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 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 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 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 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 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 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 Jan. 8, 2015
  • Wet Seal closing majority of stores, laying off 3,700

    The teen-apparel retailer is getting closer to the end.

    By 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 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 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 Jan. 7, 2015
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    "J. C. Penney Co." by Chris Chan is licensed under CC BY 2.0
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    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 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 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 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 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 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 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 Jan. 5, 2015
  • Wet Seal receives notice of default

    The cash-strapped teen apparel retailer has suffered falling sales in malls and online.

    By 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
  • Walgreens-Boots merger approved

    Shareholders overwhelmingly voted for the merger of the two drugstore retail giants, but questions about the future of the combined company remain.

    By Dec. 29, 2014
  • Barnes & Noble takes full ownership of Nook

    The move means that whatever plans the bookseller has for its e-reader business can be put into play.

    By Dec. 25, 2014