Financial News: Page 396
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Hobby Lobby to open 70 new stores
The crafts retailer, which is in the midst of a lawsuit over the Affordable Care Act, is taking pains to deny it’s closing stores.
By Daphne Howland • Feb. 6, 2014 -
Walgreens reports sales growth, says it won't abandon cigarettes
Sales at stores open at least a year rose 2.9% in January, beating expectations.
By Daphne Howland • Feb. 6, 2014 -
Deep Dive
Are these 5 retailers headed for the endangered species list?
Without improvement, these retailers could go the way of Blockbuster and Borders.
By Daphne Howland • Feb. 5, 2014 -
CVS to halt cigarette sales
The drugstore chain is leaving behind an estimated $2 billion in business in the interest of its shoppers' health.
By Roger Riddell • Feb. 5, 2014 -
H&M: Cheap fashion can be ethical, too
The globe’s second largest fashion retailer insists that ethical working conditions are not just a luxury.
By Daphne Howland • Feb. 4, 2014 -
Congress dusts off data-security proposals
Senate Banking Committee members are preparing to hear from Target executives about the retail giant's massive breach.
By Daphne Howland • Feb. 4, 2014 -
Whole Foods buys 7 former Chicago Dominick's stores
The sales follow a similar after-the-deadline purchase by Caputo's.
By Paul Conley • Feb. 3, 2014 -
Deep Dive
5 directions retail tech is headed in 2014
It’s not going to be enough to embrace the dazzling advances in technology now available — retailers have to get it right.
By Daphne Howland • Feb. 3, 2014 -
Jos. A. Bank Clothiers Inc. again rebuffs Men’s Wearhouse
The retailer, which may be in talks to acquire Eddie Bauer, last week rejected a $57.50/share bid as undervalued.
By Daphne Howland • Feb. 3, 2014 -
Deep Dive
7 retail marketing campaigns that show weirder is sometimes better
For better or worse, retailers often take the cake when it comes to odd ads.
By Wendy Parish • Jan. 31, 2014 -
H&M profits miss projections
Its competition is stiff, but the Swedish retailer says it will head into the wind, continuing its expansion in the U.S. and China.
By Daphne Howland • Jan. 30, 2014 -
Target vendor the likely conduit for thieving malware
The investigation into the massive data breach at one of the world’s largest retailers has narrowed, revealing vulnerabilities in retailers' B2B connections.
By Daphne Howland • Jan. 30, 2014 -
Homegoods e-retailer Wayfair may go public
Growing some 50% and outpacing competitors like top-performing Williams-Sonoma, the e-retailer is seeing robust business.
By Daphne Howland • Jan. 29, 2014 -
Videogame retailers playing hardball with online competition
To keep gamers coming to their stores, GameStop and other retailers are fighting digital distribution of games, and fighting hard.
By Daphne Howland • Jan. 29, 2014 -
Consumer confidence at a surprise 5-month high
To affect spending habits, such optimism will have to stay steady for a good while, economists say.
By Daphne Howland • Jan. 29, 2014 -
Abercrombie & Fitch to split chairman/CEO roles
The troubled teen clothing retailer made other moves, too, that are seen as an effort to soothe the nerves of its investors.
By Daphne Howland • Jan. 29, 2014 -
Caputo's buys four shuttered Dominick's in Chicago area
The purchase more than doubles Caputo's footprint in Chicago.
By Paul Conley • Jan. 28, 2014 -
Ikea posts record profits
The furniture retailer posted record profits for the year, despite its tepid embrace, so far, of e-commerce.
By Daphne Howland • Jan. 28, 2014 -
Customers expect more in exchange for their data
Research shows that consumers will trade access to their social media, location, and mobile information only for favorable pricing, shipping, and return policies.
By Daphne Howland • Jan. 28, 2014 -
Costco to host Obama following State of the Union speech
The president plans to push better wages and hiring of the long-term unemployed and will visit one of the retailer’s Maryland locations.
By Daphne Howland • Jan. 28, 2014 -
RadioShack repositioning itself with collaborative motto
The new motto, "It Can Be Done, When We Do It Together," evokes a how-to perspective targeting tech-savvy consumers.
By Roger Riddell • Jan. 27, 2014 -
Banks report data breach at Michaels stores
The crafts-store chain is the latest to disclose that customers’ credit and debit card information was possibly compromised.
By Daphne Howland • Jan. 27, 2014 -
Deep Dive
6 retail executives to watch in 2014
These new executives are taking on a distressed retail environment, emerging e-commerce possibilities, and the idiosyncrasies of each of their companies.
By Daphne Howland • Jan. 27, 2014 -
More and more customers open email on their phones
Retailers, be ready: The trend is growing, with some 65% of email opened on smartphones or tablets, two studies show.
By Daphne Howland • Jan. 24, 2014 -
Experts: Physical retail space to shrink in next decade
At least one analyst predicts a decline in overall retail space of as much as half.
By Roger Riddell • Jan. 23, 2014
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