Financial News: Page 377
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American Apparel takeover bid confirmed, but not return of founder
Amid rumors about whether Dov Charney could return, the retailer is now also contemplating a takeover bid that could shake things up further.
By Daphne Howland • Dec. 23, 2014 -
Rent the Runway to expand
The darling of the "sharing economy" has raised $60 million in its latest round of funding and plans to open more physical stores.
By Daphne Howland • Dec. 23, 2014 -
Dollar store merger expected to be delayed again
While a judge cleared the way for a vote on Dollar Tree’s merger with Family Dollar, shareholders are expected to delay things.
By Daphne Howland • Dec. 23, 2014 -
Alibaba cracking down on fake products
The e-commerce giant has spent some $161 million the past two years battling the so-called “grey market.”
By Daphne Howland • Dec. 23, 2014 -
Deep Dive5 of 2014's most interesting executive comings & goings
The top executive spot at retailers is increasingly a tough job to fill.
By Daphne Howland • Dec. 22, 2014 -
Indian e-commerce marketplace Flipkart raises $700M
This latest round of funding comes after Flipkart raised $1 billion in July, and ups its 2014 funding past $2 billion.
By Kelsey Lindsey • Dec. 22, 2014 -
RadioShack marketing chief leaving
Chief marketing officer Jennifer Warren has departed the struggling retailer’s ranks.
By Daphne Howland • Dec. 21, 2014 -
American Apparel investor demanding board documents
In a letter to the board, a major investor says there was a “systematic failure to provide full disclosure of material information” related to the June ouster of Dov Charney as CEO.
By Daphne Howland • Dec. 21, 2014 -
eBay to pay $23M for Donahoe departure
The eBay/PayPal split will leave Donahoe without a position at the company.
By Daphne Howland • Dec. 19, 2014 -
Drama not over at American Apparel
Could founder and ousted CEO Dov Charney return with the help of a takeover?
By Daphne Howland • Dec. 19, 2014 -
New York cracks down on toy gun sales
The state’s law bans sales of toy guns unless they are unrealistic in design or unless they have markings that can communicate to law enforcement that the guns aren’t real.
By Daphne Howland • Dec. 19, 2014 -
Executive suite changes at Target
CEO Brian Cornell came on this summer and is shaking things up in the c-suite.
By Daphne Howland • Dec. 19, 2014 -
Social shopping app Piccing picks up $3.6M
The shopping platform says it’s unique, but many others seem to be headed to the same place — allowing users to go from sharing to buying via their app.
By Daphne Howland • Dec. 18, 2014 -
Retrieved from Ebay on August 01, 2014
eBay's North America chief to depart
Christopher Payne's departure is coming at a turbulent time for the marketplace company.
By Daphne Howland • Dec. 18, 2014 -
Retrieved from Apple on September 19, 2014
Apple defeats iTunes antitrust claims
A jury swiftly rejected the idea that the tech giant’s iTunes updates were designed to shut out competitors.
By Daphne Howland • Dec. 17, 2014 -
Court upholds $151M ruling against Wal-Mart
The class-action suit was brought 10 years ago by employees who said they were prevented from taking breaks and weren’t paid for time they worked.
By Daphne Howland • Dec. 17, 2014 -
UPDATE: FedEx to buy international e-commerce company Bongo as well as product-return company Genco
The shipper is boosting its supply-chain management and other logistics capabilities at a time when e-commerce is booming.
By Daphne Howland • Dec. 17, 2014 -
RadioShack has yet another new CFO
The distressed retailer has retained an advisory firm that works with ailing businesses, and appointed a CFO from its ranks in a last-ditch effort to turn things around.
By Daphne Howland • Dec. 17, 2014 -
American Apparel terminates Dov Charney, names new CEO
The debacle between American Apparel and its founder Dov Charney is finally over.
By Kelsey Lindsey • Dec. 16, 2014 -
Retrieved from Apple on October 28, 2013
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
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