Financial News: Page 381
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Zulily lands $1B in sales, lowers outlook
Analysts say the flash-sales site is not cutting prices enough to lure holiday shoppers.
By Daphne Howland • Nov. 6, 2014 -
Foot Locker CEO retiring next month
COO Richard Johnson will take over for CEO Ken Hicks Dec. 1.
By Daphne Howland • Nov. 5, 2014 -
Alibaba's first public earnings report exceeds expectations
Revenue and sales volume were both up more than 50% year-over-year.
By Daphne Howland • Nov. 5, 2014 -
CVS revenues up despite tobacco sales ban
The newly renamed CVS Health Corp. reported a higher-than-expected revenue increase, but its profit fell due to higher costs.
By Daphne Howland • Nov. 5, 2014 -
Minimum wage increases win in five states and San Francisco
Despite a strong showing by Republicans, voters in five states and in San Francisco backed hourly wage increases.
By Daphne Howland • Nov. 5, 2014 -
Deep Dive
When and why CEOs flex their political muscle
Getting mixed up in political discussions can be tricky for companies, but some retail CEOs go for it.
By Daphne Howland • Nov. 4, 2014 -
Forrester: Holiday web sales will bring in $89B
Shoppers new to web and mobile shopping will help drive the spending growth online.
By Daphne Howland • Nov. 4, 2014 -
Lowe's stung by bee protests
The environmental activist group Friends of the Earth says certain pesticides sold by the retailer are contributing to bee die-off.
By Daphne Howland • Nov. 3, 2014 -
Dollar General extends Family Dollar takeover offer
Without enough takers, the $80-per-share offer will now be good until Dec. 31.
By Daphne Howland • Nov. 3, 2014 -
Retrieved from Apple on September 09, 2014
Irish company beat Apple to 'iWatch' trademark
The Apple Watch, which much of the world except CEO Time Cook has called "iWatch," will launch in the spring, much later than anticipated.
By Daphne Howland • Nov. 3, 2014 -
'Alex from Target' an Internet sensation
In an example of the dizzying swiftness of viral meme proliferation, a tweet has made a retail worker into a worldwide heartthrob.
By Daphne Howland • Nov. 3, 2014 -
Ex-Apple CEO unveils new smartphone brand
The Obi is an Android phone priced to compete for iPhone lovers who lack the cash.
By Daphne Howland • Oct. 31, 2014 -
Wal-Mart may expand price-matching
When it comes to price, are Amazon and Wal-Mart speeding up the race to the bottom?
By Daphne Howland • Oct. 31, 2014 -
Q3 GDP rose 3.5% as consumer confidence grows
The faltering European economy could spell trouble down the road, but GDP growth in the U.S. was the strongest in six months.
By Daphne Howland • Oct. 31, 2014 -
Amazon, Kohl's push Black Friday even earlier
Pretty soon we will have to stop calling it Black “Friday.”
By Daphne Howland • Oct. 31, 2014 -
Apple CEO: 'I'm proud to be gay'
Tim Cook is publicly coming out, with the hope that it could help others struggling "to come to terms with who he or she is."
By Daphne Howland • Oct. 30, 2014 -
Costco staying closed on Thanksgiving
The retailer says its employees deserve the day off and the decision was “nothing more complicated than that.”
By Daphne Howland • Oct. 30, 2014 -
California tallies retail data breaches
According to a report released by the state’s attorney general, more than 18.5 million California residents had their information compromised last year.
By Daphne Howland • Oct. 30, 2014 -
H&M blacklists supplier over child labor reports
The Swedish retailer is banning all products made by Super Spinning Mills Ltd.
By Daphne Howland • Oct. 29, 2014 -
Holiday shoppers have more to spend, looking for deals: report
While some U.S. consumers have started holiday shopping early, most haven't decided where they'll shop or what they'll buy.
By Daphne Howland • Oct. 29, 2014 -
Nike having words with NFL over domestic violence
The retailer can’t afford to offend women, who have become significant buyers of fitness gear.
By Daphne Howland • Oct. 28, 2014 -
Global music release day sows discord with American retailers
Music retailers in the U.S. say that Friday is a terrible day to release music, and that they weren’t consulted.
By Daphne Howland • Oct. 28, 2014 -
69% of consumers expect consistent pricing from brands
SDL found that a large majority of shoppers want the same discounts, promotions, or sales regardless of whether they’re in store or online.
By Daphne Howland • Oct. 28, 2014 -
Deep Dive
4 reasons Halloween will be a BOOn for retailers this year
This year, Halloween could be a retail dream of a nightmare.
By Daphne Howland • Oct. 27, 2014 -
Beyoncé inks Topshop activewear partnership
The U.K. retailer, which has seen success with its move into the U.S., will launch a dance-oriented activewear collection with the superstar.
By Daphne Howland • Oct. 27, 2014