Financial News: Page
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Don Henley not taking it easy over retailer's ad
The ad headline “Don a henley, and take it easy” (get it?) has landed clothing retailer Duluth Trading Co. in court.
By Daphne Howland • Oct. 16, 2014 -
Wal-Mart cites 'tougher sales environment' in lowered forecast
The nation’s largest retailer said it will slow its expansion of physical stores to concentrate on e-commerce.
By Daphne Howland • Oct. 16, 2014 -
Retrieved from Ebay on August 01, 2014
Revised eBay forecast indicates poor holiday retail prospects
A data hack and Google search penalty from earlier in the year will also hit the company’s bottom line, the retailer said.
By Daphne Howland • Oct. 16, 2014 -
Bangladesh factories still have major safety flaws
Latest reports find violations of structural safety and fire codes as retailers balk at the cost of remedial action.
By Daphne Howland • Oct. 15, 2014 -
Converse sues 31 companies over Chuck Taylor design
The century-old sneaker company says Wal-Mart Stores, Kmart, Skechers, and others are lifting elements of its iconic designs.
By Daphne Howland • Oct. 15, 2014 -
After the Macy's Thanksgiving Day Parade, shopping
The department store will open at 6 p.m. Thanksgiving Day for early holiday shopping.
By Daphne Howland • Oct. 15, 2014 -
Costco partners with Alibaba to sell in China
The largest warehouse retailer in the U.S. now has a presence on Alibaba’s T-Mall marketplace.
By Daphne Howland • Oct. 15, 2014 -
Sears, Amazon remove swastika jewelry from marketplaces
The items' appearance underscores the problem with letting third parities sell through a retailer’s brand without much oversight.
By Daphne Howland • Oct. 15, 2014 -
Deep Dive
O Canada! What's up with retail up north
More U.S. retailers are moving into the Great White North. But why? And how's it going?
By Daphne Howland • Oct. 14, 2014 -
Tight household budgets could dampen holiday spending
Several studies show that stagnant wages and increased expenses are leaving little for shoppers to work with for the holidays.
By Daphne Howland • Oct. 14, 2014 -
Finland prime minister: Apple products 'killed' key industries
Finland’s prime minister Alexander Stubb is blaming Apple’s ascendance for the struggles of its key paper and mobile industries.
By Daphne Howland • Oct. 14, 2014 -
Luxury spending to largely stay on track: Bain
Luxury retailers in the U.S. will continue to do well, thanks in part to spending by wealthy tourists from abroad.
By Daphne Howland • Oct. 14, 2014 -
Deep Dive
Are these retail stores going extinct?
Some retail fades away and never comes back. Or does it?
By Daphne Howland • Oct. 13, 2014 -
No end to labor talks at West Coast ports
As the holidays loom, the National Retail Federation is urging a deal in order to avoid shipment delays.
By Daphne Howland • Oct. 13, 2014 -
Teen calls out Dick's Sporting Goods for sexist catalog
The young female basketball player didn’t get much response to her complaint until her letter went viral via Twitter.
By Daphne Howland • Oct. 13, 2014 -
Kmart latest victim of retail hack
The malware has been removed and didn’t compromise customer data deeply, but it’s the last thing that parent company Sears needs right now.
By Daphne Howland • Oct. 13, 2014 -
Apple to remove Bose products from shelves
The retailer has butted heads recently with the high-end audio company and is likely working to give its newly acquired Beats line an advantage in stores.
By Daphne Howland • Oct. 13, 2014 -
Brick-and-mortar traffic falls 17% in September: Euclid
Although traffic to stores was down significantly last month, consumers did shop more thanks to renewed confidence.
By Daphne Howland • Oct. 10, 2014 -
Future NRF chairman: Raise the minimum wage
The National Retail Federation next month will name Container Store CEO Kip Tindell as chairman, who says he wants the trade group to “moderate its view” on the minimum wage.
By Daphne Howland • Oct. 10, 2014 -
UK pharmacy chain sets up online drugstore in Maine
The state has a one-of-a-kind law allowing residents to buy drugs from overseas.
By Daphne Howland • Oct. 9, 2014 -
Ikea offering insurance in Sweden
The furniture retailer is expanding its insurance offerings to select stores in its home country.
By Daphne Howland • Oct. 9, 2014 -
Lululemon gets manly with men-only stores
Will increased offerings for men help the high-end activewear brand overcome its recent stumbles?
By Daphne Howland • Oct. 8, 2014 -
PwC: 2014 holiday spending likely to resemble last year
The consulting firm found that several factors will stymie spending and maintain a promotional retail environment.
By Daphne Howland • Oct. 8, 2014 -
Deep Dive
Infographic: How will consumers spend $7.4B on Halloween this year?
The NRF predicts retailers will see an uptick in Halloween shopping this year.
By Kelsey Lindsey • Oct. 7, 2014 -
Container Store still struggling
The retailer that started the “retail funk” conversation this summer continues to see flat sales, but is opening new stores.
By Daphne Howland • Oct. 7, 2014
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