Financial News: Page 384


  • 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 Dec. 18, 2014
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    Retrieved from Ebay on August 01, 2014
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    eBay's North America chief to depart

    Christopher Payne's departure is coming at a turbulent time for the marketplace company.

    By Dec. 18, 2014
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    Retrieved from Apple on September 19, 2014
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    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 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 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 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 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
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    Retrieved from Apple on October 28, 2013
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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 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 Dec. 16, 2014
  • Wanelo integrates with shopping app Shopify

    The shopping-oriented social network is quickly moving more deeply into e-commerce.

    By Dec. 16, 2014
  • Lululemon expanding children's brand

    The retailer’s Ivivva Athletica brand will open 20 new stores this month.

    By 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 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 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 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 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 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 Dec. 12, 2014
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    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 Dec. 12, 2014
  • Lululemon sales beat expectations

    The activewear retailer seems to finally be recovering from some of its self-inflicted wounds.

    By 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 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 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 Dec. 11, 2014
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    Fotolia
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    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 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 Dec. 10, 2014
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    Fotolia
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    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 Dec. 10, 2014