Financial News: Page 414
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Dominick's sells 11 Chicago-area stores to Mariano's
The latest sales come as Dominick's parent, Safeway, moves ahead with plans to exit the region.
By Paul Conley • Dec. 3, 2013 -
Costco workaround allows it to sell both gas and liquor in D.C.
The clever sidestepping of a local law has gas station owners up in arms.
By Roger Riddell • Dec. 2, 2013 -
Supreme Court rejects Amazon's tax appeal
Amazon and Overstock.com appealed their requirement to collect taxes in New York under a state law.
By Roger Riddell • Dec. 2, 2013 -
Online retail scores more than $1.2B on Black Friday
Can you guess who came in first for visits on the annual shopping holiday?
By Brian Warmoth • Dec. 2, 2013 -
Newegg told to pay $2.3M in patent infringement case
The electronics e-retailer plans to appeal.
By Brian Warmoth • Nov. 26, 2013 -
Now, Men's Wearhouse wants to acquire Jos. A. Bank for $1.5B
Could we actually see the previous acquisition scenario play out in reverse?
By Brian Warmoth • Nov. 26, 2013 -
Wal-Mart names its new CEO
Doug McMillon will take over the role when Michael Duke retires in 2014.
By Brian Warmoth • Nov. 25, 2013 -
J.C. Penney to be exchanged on S&P 500 for Allegion
But the company remains optimistic heading into the year’s busiest shopping season.
By Philip Nations • Nov. 25, 2013 -
No other bidder surfaces for Fresh & Easy, clearing way for Yucaipa takeover
Fresh & Easy canceled a planned auction of its assets when no bidder materialized to compete with Yucaipa.
By Paul Conley • Nov. 19, 2013 -
Wal-Mart cuts earnings forecast again amid price wars with grocery, dollar stores
Wal-Mart, the country's largest retailer, trimmed its earnings forecast for the second time this year.
By Paul Conley • Nov. 14, 2013 -
Deep Dive
4 Kroger predictions: Will it actually take over the world?
Kroger is sitting on top of the supermarket space—rolling in revenue, its stock price soaring. What's next? And what could go wrong?
By Paul Conley • Nov. 11, 2013 -
Groupon boasts of mobile success, buys Korean company for $260M
The company reported that quarterly sales were up, but it still saw a net loss of $2.58 million.
By Brian Warmoth • Nov. 8, 2013 -
A&F backtracks, weclomes plus size customers after all
Poor performance seems to have motivated the company to offer larger sizes on its racks in 2014.
By Brian Warmoth • Nov. 8, 2013 -
Holiday retail forecast looks grim at Morgan Stanley
Ready to see the numbers? You may want to sit down for this.
By Brian Warmoth • Nov. 1, 2013 -
Wal-Mart plans huge China push, 110 new stores
Serving growing numbers of online customers will also be key for the U.S. company.
By Brian Warmoth • Oct. 24, 2013 -
Chinese ecommerce giant Tmall offers Western brands a how-to guide
For Western brands looking to break into the Chinese market, Tmall's massive online mall can help.
By Roger Riddell • Oct. 23, 2013 -
Apple scores big hire, grabs Burberry's CEO
Angela Ahrendts will get a newly-established exccutive position when she arrives at Apple.
By Brian Warmoth • Oct. 15, 2013 -
Whole Foods, Costco store brands top consumer survey
A consumer survey shows that store brands at Whole Foods attract shoppers.
By Paul Conley • Oct. 9, 2013 -
Wal-Mart bows out of retail in India for now
Are you really surprised?
By Brian Warmoth • Oct. 9, 2013 -
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