Financial News: Page
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Retail sales flat again in July
The U.S. Commerce Department’s monthly retail news is getting mixed interpretations.
By Daphne Howland • Aug. 13, 2014 -
Consumers warned against risks of bitcoin
A government consumer protection agency acknowledged the potential for innovation in virtual currencies, but also cautioned consumers of their risks.
By Daphne Howland • Aug. 13, 2014 -
Things are looking up for American Apparel
The retailer will miss some financial reporting deadlines as its new board regroups, but the company says it has trimmed losses.
By Daphne Howland • Aug. 13, 2014 -
Macy's sees revenue and sales up, but cuts forecast
The department store retailer says it's having trouble climbing out of sales deficits stemming from a harsh winter.
By Daphne Howland • Aug. 13, 2014 -
Study: Retail credit card rates going up, up, up
A recent survey by Creditcards.com warns of increased interest rates and ballooning balances.
By Daphne Howland • Aug. 12, 2014 -
Barneys agrees to settlement in profiling case
New York Attorney General Eric T. Schneiderman said his investigation showed a “disproportionate number of African-American and Latino customers being detained for alleged shoplifting or credit card fraud.”
By Daphne Howland • Aug. 12, 2014 -
Zulily sees big Q2 amid expansion
The company is a bright spot in an otherwise diminishing flash sales area.
By Daphne Howland • Aug. 12, 2014 -
Amazon reportedly in dispute with Disney
The e-retail giant apparently finds withholding titles from consumers a useful tactic in distribution deal negotiations.
By Daphne Howland • Aug. 11, 2014 -
Could 'Made in the USA' really bounce back?
Whether the American apparel industry can get close to what it once was depends on how much consumers want retailers to change.
By Daphne Howland • Aug. 11, 2014 -
Alibaba says it will move against selling of fakes
The Chinese e-retail giant said it will work to curb sales of fake goods after the maker of Yves Saint Laurent, Bottega Veneta, and Balenciaga brands withdrew its lawsuit.
By Daphne Howland • Aug. 11, 2014 -
Gap tweet spurs backlash over skinny model
A tweet about a plaid dress from the company garnered criticism of the model’s weight.
By Daphne Howland • Aug. 11, 2014 -
Men shop more on mobile than women
While women are in charge of most household spending, men are holding their own when it comes to e-commerce.
By Daphne Howland • Aug. 8, 2014 -
Deep Dive
Activewear: Cool, hot, and winning
The apparel segment is booming as retailers perfect performance fabrics and designers captivate consumers ... even if a workout is the last thing on their mind.
By Daphne Howland • Aug. 7, 2014 -
Target endorses same-sex marriage
The move comes four years after the company contributed to a politician who opposed same-sex unions.
By Daphne Howland • Aug. 7, 2014 -
BitPay offering retailers no-charge payments
With this move, the payment processing service could help spur the acceptance of bitcoin.
By Daphne Howland • Aug. 7, 2014 -
Walgreens HQ to stay in the US after Boots acquisition
The decision to forgo a tax-avoidance plan comes as the U.S. Treasury Department explores ways to check the practice.
By Daphne Howland • Aug. 6, 2014 -
CVS experiences loss after extinguishing cigarette sales
But healthy growth in the drugstore chain's pharmacy business helped lessen the blow to the bottom line.
By Kelsey Lindsey • Aug. 5, 2014 -
Top News Tuesday: North American expansions and a new POS malware
Every Tuesday, Retail Dive gives you our picks for the week's top industry news. This week, we're looking at a new malware threat and earning reports in the luxury handbag market.
By Kelsey Lindsey • Aug. 5, 2014 -
Walgreens replacing CFO with Kraft executive
The move comes as the drugstore retailer acquires UK drugstore chain Alliance Boots, and nears a decision on a tax inversion plan.
By Daphne Howland • Aug. 5, 2014 -
Warby Parker exec shines in ultimate customer service move
The head of social innovation at the eyewear e-retailer took the time to return a fellow train rider’s glasses, even including a personal touch.
By Daphne Howland • Aug. 5, 2014 -
New rules could require retailers to disclose food stamp data
The U.S. Department of Agriculture is seeking public comment on proposed regulations to reveal how much retailers take in from the Supplemental Nutrition Assistance Program.
By Daphne Howland • Aug. 5, 2014 -
Victoria's Secret Pink brand loses UK trademark suit
But it has turned the tables on a Nebraska-based e-retailer that sells pink-colored things.
By Daphne Howland • Aug. 4, 2014 -
July jobs report shows healthy momentum
The unemployment rate stayed unchanged as the jobs report more or less met high expectations.
By Daphne Howland • Aug. 1, 2014 -
Homeland Security warns of 'Backoff' point-of-sale malware
The department’s United States Computer Emergency Readiness Team says the malware is mostly undetectable.
By Daphne Howland • Aug. 1, 2014 -
Macy's cosmetics workers win labor case
A group of 41 Macy’s cosmetics department employees in Massachusetts can form a union, the National Labor Relations Board rules.
By Daphne Howland • July 31, 2014
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