Financial News: Page


  • Wayfair launches office supply business

    The move comes days after the retailer’s IPO filing and could give Staples and Office Depot a run for their money.

    By • Aug. 25, 2014
  • Report: Target malware caused more retail data breaches than first thought

    The U.S. Department of Homeland Security released a report that shows the "Backoff" malware targeted more than 1,000 American businesses.

    By • Aug. 25, 2014
  • Tumblr to scan photos for brands

    The Yahoo social network is working with Ditto Labs to extract information from posted photos.

    By • Aug. 22, 2014
  • Sears CEO says recent earnings 'unacceptable'

    This is the ninth consecutive quarterly loss for the parent company of Sears and Kmart stores. 

    By Kelsey Lindsey • Aug. 21, 2014
  • Malware hits 51 UPS stores

    The breach compromised personal and credit card information from some 100,000 payments made from January to August this year.

    By • Aug. 21, 2014
  • American Eagle Outfitters has better-than-expected Q2

    The news of yet another teen apparel retailer reporting good results could bode well for the retail sector.

    By • Aug. 21, 2014
  • Macy's to pay $650K to settle racial profiling case

    The department store follows Barney's and other retailers in settling racial profiling charges brought by New York State.

    By • Aug. 21, 2014
  • Family Dollar rejects Dollar General offer over antitrust fears

    The dollar store chain’s board of directors unanimously rejected Dollar General’s offer and reiterated support for a merger with Dollar Tree.

    By • Aug. 21, 2014
  • Target profit falls 62% in Q2

    The retailer also cut its full year earnings, saying that price discounting and an expansion into Canada has hurt its bottom line. 

    By Kelsey Lindsey • Aug. 20, 2014
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    Shipping rate hikes poised to disrupt retailers

    Shipping costs could increase as much as 30% when scheduled changes from FedEx and UPS go into effect. 

    By • Aug. 20, 2014
  • TJX sales, profit rise in Q2

    There seems to be no retail funk for the parent company of T.J. Maxx, Marshalls, and HomeGoods.

    By • Aug. 20, 2014
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    USDA
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    Back-to-school helping retail sales

    Several retailers are reporting that sales in apparel and other departments have been up since late July.

    By • Aug. 20, 2014
  • Home Depot raises earnings forecast after Q2 profit jump

    The home improvement retailer has benefited from a recovering housing market over the past couple of years. 

    By Kelsey Lindsey • Aug. 19, 2014
  • Deep Dive

    Connected and resourceful: Are you ready for Generation Z?

    Whether you consider Generation Z part of the millennial crowd or another cohort entirely, details are emerging about the young group's outlook, and what it could mean for retail.

    By • Aug. 19, 2014
  • Poll finds millennials not so tight-fisted

    Americans, especially those age 18 to 34, are spending more, according to a new Gallup poll.

    By • Aug. 19, 2014
  • Retailers request Supreme Court look at swipe fees

    The National Retail Federation and other groups asked the high court to review a March ruling sanctioning new Federal Reserve rules.

    By • Aug. 19, 2014
  • Ideeli loses an 'i'

    Groupon’s flash sales site has rebranded with a new name and loyalty program.

    By • Aug. 18, 2014
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    Report: Consumer confidence 'moderately positive'

    While consumer confidence has fallen to a 9-month low, there is room for growth in retail sales.

    By • Aug. 18, 2014
  • Wayfair files for IPO

    The online furniture retail company operates sites such as Wayfair, Birch Lane, and recently-acquired DwellStudio. 

    By Kelsey Lindsey • Aug. 15, 2014
  • ModCloth swears off Photoshop

    The e-retailer of women’s apparel and accessories is the first to sign a pledge to forgo enhancing or altering images in ads.

    By • Aug. 15, 2014
  • Saks not amused by dog treat company name

    The department store retailer has sent a cease-and-desist letter to the maker of "Snaks 5th Avenchew."

    By • Aug. 15, 2014
  • eBay subsidiary Braintree may accept bitcoin

    The PayPal unit processes mobile and online payments for several companies.

    By • Aug. 15, 2014
  • Facebook debuts cross-device reporting for marketers

    The new service helps monitor shopping behavior across multiple devices. 

    By Kelsey Lindsey • Aug. 14, 2014
  • American Apparel appoints second woman to board

    Laura Lee currently runs Google’s East Coast content partnerships for Google/YouTube.

    By • Aug. 14, 2014
  • Lands' End sees backlash over bonus GQ issue

    The retailer sent out free copies of the lad magazine to many families that had bought back-to-school clothes, upsetting many.

    By • Aug. 14, 2014