Financial News: Page 386
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Deep Dive
You can't return that: Strange stories from the customer service counter
Consumers expect easy returns, but some customers take that beyond the limit.
By Daphne Howland • July 9, 2014 -
UPDATE: Russia calls US arrest of alleged big-time hacker a kidnapping
The Secret Service's arrest of a Russian man allegedly in connection with payment fraud is now another issue between Russia and the U.S.
By Daphne Howland • July 8, 2014 -
American Apparel facing immediate $10 million loan repayment
Lion Capital is calling in its loan, something it warned may happen if the retailer lost Dov Charney as its CEO.
By Daphne Howland • July 8, 2014 -
Deep Dive
The power of Hispanic consumers
Retailers should be engaging the growing population of young, digitally savvy Hispanic shoppers.
By Daphne Howland • July 7, 2014 -
Authors plunge into Amazon dispute
While writers with traditional book deals are urging action against the e-retail giant, self-published writers say the e-book dispute is about protecting “New York publishing.”
By Daphne Howland • July 7, 2014 -
Studies say spending, payment behavior change after breaches
Two reports show that consumers hold retailers responsible for credit card security issues.
By Daphne Howland • July 7, 2014 -
For most retailers, physical stores remain essential
A report found that physical stores are key to e-commerce growth, and vice versa.
By Daphne Howland • July 3, 2014 -
Target asks customers to leave the guns outside
The retailer says bringing guns into its stores isn’t “family friendly,” but doesn't impose an outright ban against doing so.
By Daphne Howland • July 3, 2014 -
Government unveils surprise job growth in June
Previous months’ employment numbers were also revised up, indicating economic strength that bodes well for retail.
By Daphne Howland • July 3, 2014 -
Deep Dive
Retail and politics: A volatile mix
Reaction to Hobby Lobby's Supreme Court win this week demonstrates the pitfalls of a retailer taking political action on a heated issue.
By Daphne Howland • July 3, 2014 -
Report: Private sector added more jobs in June than predicted
The report is a sign that the job market is getting better, and that’s some the best possible news for retailers.
By Daphne Howland • July 2, 2014 -
JC Penney appeals Martha Stewart verdict
The retailer filed an appeal of a New York State Supreme Court ruling that it had interfered with a contract between Macy’s and Martha Stewart.
By Daphne Howland • July 2, 2014 -
West Coast port negotiations go into overtime
Some say that the extended talks could be an indication of progress.
By Daphne Howland • July 2, 2014 -
California reverses ban, legalizes bitcoin
The move comes as more retailers accept alternative currencies.
By Daphne Howland • July 1, 2014 -
Supreme Court sides with crafts store in health care case
Crafts retailer Hobby Lobby and other "closely held" companies won’t have to provide coverage for certain kinds of birth control they find objectionable for religious reasons.
By Daphne Howland • July 1, 2014 -
Report: Some customers will pay more for sustainable products
Sales of products with social good marketing increased an average 5% annually, according to the study.
By Daphne Howland • July 1, 2014 -
Deep Dive
Will Amazon's Fire phone burn its retail competition?
Amazon’s new phone is set up to hurt other retailers, but who's buying it?
By Daphne Howland • July 1, 2014 -
Dollar General CEO announces retirement
The discount retailer’s chairman and CEO Rick Dreiling will retire in 2015, or sooner if a successor is found before then.
By Daphne Howland • June 30, 2014 -
Canadian Supreme Court rules Wal-Mart store closing unlawful
The retailer violated Quebec’s labor code when it shut down a store during labor negotiations in 2005.
By Daphne Howland • June 30, 2014 -
Key American Apparel creditor may call in loan
U.K.’s Lion Capital has supported now-ousted CEO Dov Charney in the past.
By Daphne Howland • June 27, 2014 -
Q1 GDP dips lower than first estimates
First quarter gross domestic product shrank an unexpected 2.9%, largely due to unanticipated health care spending declines.
By Daphne Howland • June 27, 2014 -
Deep Dive
In retail, you don't always 'dance with the one that brung ya'
What makes a retail company oust the person who is its raison d’être?
By Daphne Howland • June 27, 2014 -
Ikea to hike US minimum wage by 17%
The Swedish retailer will increase the average hourly minimum pay for half of its U.S. employees.
By Daphne Howland • June 26, 2014 -
FAA says no to commercial drones
The regulatory agency clarified its policy to ban the use of what it calls “model aircraft” for business purposes.
By Daphne Howland • June 26, 2014 -
Fair trade retailers have big impact on social media
Image-heavy sites like Instagram and Pinterest help retailers communicate stories that are part of their brand.
By Daphne Howland • June 26, 2014
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