Financial News: Page 396


  • UPDATE: Michaels IPO Raises $472M

    The arts-and-crafts retailer raised close to its $500 million goal. Michaels said on Thursday it had raised about $472.6 million in its initial public offering after pricing shares at $17, the lower end of an expected range. The $17 per share price values the arts and crafts retailer at up to $3.45 billion.

    By June 26, 2014
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    Ryan McKnight
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    Gap reports rise in applicants after wage hike

    Many applicants are arriving with retail experience from companies that don’t pay as well.

    By June 25, 2014
  • Etsy buys French online marketplace for $100m

    The acquisition is the largest yet for the quirky, Brooklyn-based e-commerce site of all things artisanal.

    By June 25, 2014
  • Report: Retail marketing must go beyond counting pageviews

    With new methods to get and measure consumers’ attention, focusing on the pageview is becoming a useless habit, according to Contently.

    By June 25, 2014
  • Barnes & Noble to split book-selling, digital businesses

    The move comes as the company’s losses shrink, and after a deal with Samsung to revive the Nook business.

    By June 25, 2014
  • Target smooths out free online shipping

    Nearly all items are now counted toward the $50 minimum, eliminating a confusing situation for many customers.

    By June 24, 2014
  • Loan gives J.C. Penney some wiggle room

    A new credit line will make financing its debt easier and is a sign that its lenders believe the retailer’s future has grown a bit brighter.

    By June 23, 2014
  • Retail groups call swipe fee settlement a 'mistake'

    Two leading retail groups are asking an appeals court to overturn federal court approval of a settlement.

    By June 19, 2014
  • American Apparel board votes to oust CEO

    Citing unspecified misconduct, the board said it aims to fire founder Dov Charney after a required 30 day cure period.

    By June 19, 2014
  • Patent office cancels Redskins trademark

    The Washington team’s name has faced increasing opposition by people who find it racist, and there are implications for retailers.

    By June 18, 2014
  • Apple settles e-book pricing claims

    But details aren’t yet available, and the agreement requires court approval.

    By June 17, 2014
  • Some retailers to list unit prices online

    Amazon is not participating, but Walmart.com, Costco, and others will.

    By June 17, 2014
  • Judge slams JC Penney in Martha Stewart ruling

    Stating that Penney's behavior was both "adolescent" and "sophomoric," the judge ruled against the retailer in the case filed in 2012.

    By June 17, 2014
  • Deep Dive

    Pinners never quit and quitters never pin: Retail's Pinterest success

    Facebook continues to dominate in number of users, but Pinterest is emerging as a dynamic social network that wins retail customers over.

    By June 17, 2014
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    Fotolia
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    Could health care at retail clinics get competitive?

    Wal-Mart Stores Inc. announced a pilot program where employees can get services for $4 and customers pay $40.

    By June 16, 2014
  • Report: Majority of apparel likely to remain sourced in Asia

    While retailers are looking to diversify their sources, Asia remains the number one source for supply.

    By June 16, 2014
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    Fotolia
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    Retail sales miss May expectations with slight rise

    But April retail sales grew more than first calculated, boding well for continued growth.

    By June 13, 2014
  • Facebook giving users greater control over ads

    It's also expanding the use of consumer data to drive ad placement on user pages.

    By June 13, 2014
  • Report: Millennials willing to fill the virtual complaint box

    While Gen X and Baby Boomers interact with brands on social media, millennials are much more likely to share complaints online.

    By June 13, 2014
  • Lululemon founder votes against board chairman

    Chip Wilson, also the company’s biggest shareholder, says Chairman Michael Casey is overly concerned with short-term growth.

    By June 12, 2014
  • Gun sales way down at Sportsman's Warehouse

    An 18.1% drop in Q1 sales was driven largely by weak demand for firearms and ammunition.

    By June 12, 2014
  • Alibaba's U.S. marketplace goes live

    The Chinese retail giant aims to look and be different from Amazon.

    By June 12, 2014
  • Deep Dive

    Photoshop: Sometimes less is more

    Retail marketers don’t always get the attention they want when they manipulate photos.

    By June 11, 2014
  • Amazon playing hardball in dispute with Warner Bros.

    The e-commerce giant is not allowing pre-orders of upcoming Warner Bros. movies, a move similar to tactics against book publisher Hachette.

    By June 11, 2014
  • Retailers move to stockpile inventory

    Retailers are bringing in goods early and by truck so labor issues don’t hurt Christmas inventories.

    By June 10, 2014