Financial News: Page 385
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Ex-employees say Home Depot was aware of unprotected data
Former employees say they warned the retailer about lax protections as far back as 2008.
By Daphne Howland • Sept. 23, 2014 -
USDA
Tepid back-to-school sales don't bode well for the holidays
The smallest increase in sales in five years signals more fierce competition on prices in coming months, experts say.
By Daphne Howland • Sept. 23, 2014 -
Walgreens to offer health care for pets
The drugstore retailer is offering more health care services to customers, and their four-legged friends.
By Daphne Howland • Sept. 23, 2014 -
Deep Dive
Why does offensive apparel continue to make the cut?
After last week's uproar over a vintage Kent State sweatshirt sold by Urban Outfitters, many are asking: "really, retailers?"
By Daphne Howland • Sept. 22, 2014 -
Wayfair IPO values company at $2.3B
The online home furnishing retailer is expected to raise up to $308 million when it goes public.
By Kelsey Lindsey • Sept. 22, 2014 -
Patent 'trolls' failing more often in court
Recent Supreme Court rulings are serving as a guide in federal trial courts, and retailers will largely benefit.
By Daphne Howland • Sept. 22, 2014 -
Report: Too many beacon messages inhibit app use
Messages must be well targeted and have features helpful to the shopper in order to be tolerated, according to a study by inMarket.
By Daphne Howland • Sept. 22, 2014 -
iPhone 6 sales top 10 million
Apple beat its own expectations on the phones' first weekend, though analysts warn that the figures don’t say much about the devices' long-term sales performance.
By Daphne Howland • Sept. 22, 2014 -
Amid mobile payment shakeup, a startup seeks to disrupt
Circle Plus Payments offers a simple mobile payment app that requires no hardware.
By Daphne Howland • Sept. 22, 2014 -
Alibaba IPO breaks record with additional Friday sales
The retail giant’s share price also fared well, gaining 38% by Friday’s close.
By Daphne Howland • Sept. 22, 2014 -
56 million cards hit by Home Depot breach
The malware is now contained, but the number of cards affected surpasses last year’s data theft at Target.
By Daphne Howland • Sept. 19, 2014 -
Credit Suisse ready to play taps for Sears
In a note to shareholders, analyst Gary Balter Thursday said the retailer should liquidate.
By Daphne Howland • Sept. 19, 2014 -
Amazon outbids Google for '.buy' domain
After winning at auction, Amazon is paying $4.6 million to own the .buy domain.
By Daphne Howland • Sept. 19, 2014 -
Alibaba IPO raises nearly $22 billion
Although the Chinese e-commerce giant set its price high, many analysts say that it could go even higher.
By Daphne Howland • Sept. 19, 2014 -
Study supports Family Dollar's antitrust concerns
Bloomberg Intelligence found the kind of evidence on pricing that could lead to an extensive antitrust investigation if Family Dollar and Dollar General were to merge.
By Daphne Howland • Sept. 18, 2014 -
NFL problems an issue for retailers
Target, Nike, and many others are removing merchandise and suspending endorsement deals with Minnesota Vikings running back Adrian Peterson.
By Daphne Howland • Sept. 18, 2014 -
California outlaws penalties for bad reviews
Retailers can no longer stipulate that customers will be fined for negative feedback on public sites.
By Daphne Howland • Sept. 17, 2014 -
PayPal ad campaign hits Apple on payment security
The payment company took out a full-page ad in the New York Times that questions Apple's security after a recent iCloud hack.
By Daphne Howland • Sept. 17, 2014 -
Home Depot outpaced by data thieves in recent hack
The retailer was in the process of setting up systems to prevent malware hacks, but it was too late.
By Daphne Howland • Sept. 16, 2014 -
iPhone 6 preorders exceed 4 million
The record-breaking number of preorders for both iPhone models have exceeded inventory, delaying some shipments.
By Daphne Howland • Sept. 16, 2014 -
Saks credit card fraud not a cyberbreach
Six employees have been charged in a scam using customer credit cards to allegedly purchase $400,000 worth of goods.
By Daphne Howland • Sept. 15, 2014 -
RadioShack CFO resigns
John Feray is leaving after nine months as the electronics retailer faces financial trouble.
By Daphne Howland • Sept. 15, 2014 -
Foot Locker joins same-day delivery game
The retailer has enlisted Deliv to provide same-day delivery to customers in Los Angeles and San Francisco — and, eventually, nationwide.
By Daphne Howland • Sept. 15, 2014 -
US retail sales up in August
The Department of Commerce has also revised its July retail sales numbers up.
By Daphne Howland • Sept. 15, 2014 -
Hachette writers appeal to Amazon board over dispute
A group of writers is telling Amazon’s board that the e-retailer’s tactics are hurting its reputation — and theirs.
By Daphne Howland • Sept. 15, 2014
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