Financial News: Page 379


  • Chicago to boost minimum wage to $13 by 2019

    The measure passed overwhelmingly while a similar bill languishes in the state legislature.

    By Dec. 3, 2014
  • FTC suit against Amazon will go forward

    A U.S. District Court Judge said that the suit over hefty in-app purchases by children can go forward.

    By Dec. 3, 2014
  • Feds turn to antiquated law to open locked iPhones

    Civil liberties advocates are alarmed that federal judges have agreed that the All Writs Act of 1789 can compel companies to unlock their customers’ smartphones.

    By Dec. 3, 2014
  • Wal-Mart shifting resources in Asia

    The retail giant is cutting 250 jobs in merchandising and marketing, but is also opening nine stores and a distribution center that will create 6,000 new jobs.

    By Dec. 3, 2014
  • Wal-Mart says cyber shopping soars over the weekend

    The retailer saw record numbers of online traffic and sales in the five days following the Thanksgiving holiday. 

    By Karen Talley • Dec. 2, 2014
  • Image attribution tooltip
    Retrieved from Amazon on July 01, 2014
    Image attribution tooltip

    Moody's lowers Amazon's outlook

    The e-retail giant is issuing unsecured notes for an undisclosed amount in order to finance many ambitious projects.

    By Dec. 2, 2014
  • Could the sales tax 'loophole' debate revive over Alibaba?

    Anti-tax sentiment in Congress is high, but retailers may have found a new enemy to revive their case.

    By Dec. 2, 2014
  • Billabong rebuilding brick-and-mortar network

    CEO Neil Fiske says he believes that physical stores are key to a retailer's brand.

    By Dec. 2, 2014
  • San Francisco passes retail worker 'bill of rights'

    The city legislature unanimously approved the bill on a required second vote, which would survive an unlikely mayoral veto.

    By Dec. 1, 2014
  • Wal-Mart's chief merchandising officer departs

    Duncan Mac Naughton joined Wal-Mart in 2009, where he started as chief merchandising officer of Wal-Mart Canada.

    By Kelsey Lindsey • Nov. 25, 2014
  • Petco to buy pet supply e-retailer

    The acquisition will give the pet supply chain a hand in the lucrative veterinary prescription medicine e-business.

    By Nov. 24, 2014
  • Nike will sponsor US Olympic team through 2020

    Team USA will be outfitted in Nike for games in Pyeongchang, South Korea, Tokyo, and Rio for the Summer, Winter, and Paralympic Games.

    By Nov. 24, 2014
  • Ann Inc. hit by slowing sales, inventory issues

    The womens-apparel retailer reported rising inventory and says its Ann Taylor flagship brand is failing to connect with customers.

    By Nov. 24, 2014
  • Fab may be sold for $15 million

    The furniture e-retailer has seen a multitude of changes in its three years, including rounds of layoffs and the acquisition of a Finnish furniture company.

    By Nov. 24, 2014
  • Nasty Gal opens first physical store

    The e-retailer opened its first brick-and-mortar just months after layoffs in the fall.

    By Nov. 24, 2014
  • Wal-Mart moves closer to sustainability goal

    The world's largest retailer hopes to source 100% of its electricity from renewable sources by 2020. 

    By Kelsey Lindsey , Gavin Bade • Nov. 21, 2014
  • Image attribution tooltip
    Ryan McKnight
    Image attribution tooltip

    Gap Inc. to replace brand chiefs as revenue and sales fall

    San Francisco-based Gap Inc. will be replacing executives who head up its Gap and Banana Republic brands.

    By Nov. 21, 2014
  • Best Buy sees unexpected sales increase

    But the electronics retailer said that holiday sales will likely be flat in an intensely competitive electronics retail environment.

    By Nov. 21, 2014
  • Target reports profit increase in time for the holidays

    The retailer surprised many with sales and earnings that beat expectations.

    By Nov. 20, 2014
  • Dollar General may be forced to close 4K stores

    Family Dollar has said all along that its rival would need to divest itself of a significant number of stores if they were to merge. It looks like it was right.

    By Nov. 20, 2014
  • Staples to close more stores

    The country’s largest office supply retailer is doing better thanks to e-commerce, a bump in demand, and savings from many store closures. 

    By Nov. 20, 2014
  • Retail Workers Bill of Rights closer to adoption in San Francisco

    The measures address retail employment conditions that have come under scrutiny across the country and in Congress.

    By Nov. 20, 2014
  • Deep Dive

    Are retailers ruining Thanksgiving?

    There are two kinds of retailers this year: Those making a point of being open on Thanksgiving and those making a point of being closed. But what is the better strategy?

    By Nov. 19, 2014
  • Image attribution tooltip
    DollarPhotoClub.com
    Image attribution tooltip

    CVS opening health care innovation lab

    The Boston-based hub will help the retailer expand its health care ventures with digital media and other technology development.

    By Nov. 18, 2014
  • Data breach has little impact on Home Depot sales

    The home-improvement retailer saw Q3 sales rise, although costs associated with its past breach have eaten into the bottom line.

    By Nov. 18, 2014