Financial News: Page 404
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Juicy Couture fetches $195M in sale to Authentic Brands
Lucky Brand may be the next to go.
By Brian Warmoth • Oct. 7, 2013 -
Harris Teeter shareholders vote yes on acquisition
Kroger's $2.44 billion offer triggered a strong turnout among shareholders eager to sell.
By Brian Warmoth • Oct. 4, 2013 -
Amazon boosts holiday hiring by 40% for holiday season
The online retail giant plans to add more than 70,000 new jobs in the U.S.
By Philip Nations • Oct. 2, 2013 -
Walmart's Asda pulls controversial Halloween costumes
Asda and Tesco faced a social media outcry over their "Mental Patient" and "Psycho Ward" outfits.
By Roger Riddell • Sept. 26, 2013 -
Wal-Mart tells suppliers that orders are getting cut
Inventory has got to go, and the retail mega-chain is figuring out how to handle the situation.
By Brian Warmoth • Sept. 25, 2013 -
Kroger CEO to step down
The company has announced transition plans, as well as David Dillon's successor.
By Brian Warmoth • Sept. 20, 2013 -
OfficeMax CEO will not oversee Office Depot post-merger
Saligram will stay on at OfficeMax for now, but the big reveal leaves leadership questions wide open.
By Brian Warmoth • Sept. 19, 2013 -
Stagnito Media buys Store Brand Decisions
One of the bigger companies in food-business news buys one of the young up-and-comers.
By Paul Conley • Sept. 16, 2013 -
New Orleans attracts influx of big box retailers
The city has managed to bring in prominent names as it works to drive tax dollars back from its suburbs.
By Brian Warmoth • Sept. 16, 2013 -
J.C. Penney board member jumps ship
Vornado Realty Trust CEO Steven Roth recently indicated the company plans to sell its entire stake in the department store chain.
By Davide Savenije • Sept. 16, 2013 -
Fresh & Easy stores are sold; Wild Oats may return
The long-anticipated sale of Fresh & Easy spawns rumors that Wild Oats will return.
By Paul Conley • Sept. 11, 2013 -
Yankee Candle sold to Jarden for $1.75B
The seller of Mr. Coffee, Crock-Pots and Sunbeam electric blankets reached a deal to buy the largest scented candle company in the U.S.
By Davide Savenije • Sept. 3, 2013 -
Ackman intends to sell off Penney shares
The ex-board member's firm is expected to take a significant loss as it moves to sell is Penney interests.
By Brian Warmoth • Aug. 26, 2013 -
Best Buy, J.C. Penney and more monitoring customers' return habits
The practice isn't sitting well with consumer advocates.
By Roger Riddell • Aug. 19, 2013 -
Saks delivers bad sales news for the second quarter
The second quarter was not kind to the luxury retailer, though Saks is not alone in its struggles right now.
By Brian Warmoth • Aug. 19, 2013 -
Kroger faces national boycott threat
Grocery chain Kroger is the target of a nationwide boycott threat after it opposed legislation in Texas.
By Roger Riddell • Aug. 9, 2013 -
Federal judge rules against current swipe-fee legislation
Current legislation on swipe-fees must now be overhauled to reduce costs.
By Philip Nations • Aug. 1, 2013 -
Deep Dive
5 retail leadership changes that will define 2013
Top-level leadership shakeups have hit some of the largest retailers in the U.S. in 2013. Here's why they matter.
By Michal Magušin • July 26, 2013 -
Kroger rumored have new acquisition plans
The news comes less than a month after Kroger agreed to acquire Harris Teeter Supermarkets Inc.
By Roger Riddell • July 26, 2013 -
NRF predicts a slight decline in back-to-school sales
How do the expected sales totals compare with 2012?
By Philip Nations • July 23, 2013 -
RetailMeNot flies high on Wall Street after going public
The company’s stock surged nearly 30% after posting a $191 million IPO.
By Philip Nations • July 22, 2013 -
USDA awards $150K grant to U. of Ky. food shopping pattern study
The study will measure various influences on food choices and behaviors of parents and adolescents.
By Roger Riddell • July 18, 2013 -
Wal-Mart abandons D.C. store plans as 'living wage' bill heads to vote
Three stores planned for Wards 5 and 7 are on the chopping block now that The Large Retailer Accountability Act is expected to pass Wednesday.
By Roger Riddell • July 10, 2013 -
International retail brands announce new pact for worker safety
Many U.S. retail brands have chosen an alternative solution.
By Philip Nations • July 10, 2013 -
Western retailers open up to Bangladesh safety inspections
Nearly 70 brands have agreed to review the safety standards of garment makers.
By Philip Nations • July 9, 2013
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