Financial News: Page
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Dumb Starbucks is kinda smart
A comedian's cheeky send-up of a Starbucks franchise was ultimately shut down by the health department, but attracted a fair amount of attention.
By Daphne Howland • Feb. 12, 2014 -
Price competition a minefield for retailers
Strictly meeting consumer price demands not only digs into the bottom line, but can also create havoc with customer expectations and even brand loyalty, observers say.
By Daphne Howland • Feb. 12, 2014 -
Target taps top Pinterest “pinners” for design partnerships
The retailer’s collaboration with bloggers on the popular social sharing site is reminiscent of its ground-breaking collaborations with top fashion designers.
By Daphne Howland • Feb. 12, 2014 -
Shaq to bring his magic to Macy’s
The department store has drafted retired basketball player Shaquille O’Neal for an exclusive big-and-tall men’s collection.
By Daphne Howland • Feb. 12, 2014 -
Lush Cosmetics wins big in case against Amazon searches
A UK court ruled that by suggesting other products when a customer searches for Lush products, Amazon violated Lush’s trademark.
By Daphne Howland • Feb. 11, 2014 -
Lululemon cracks down on customer resales
The upscale yoga retailer is known for its less-than-generous return policies, and now it's working hard to stop customers from reselling its clothing on sites like eBay.
By Daphne Howland • Feb. 10, 2014 -
Hobby Lobby to open 70 new stores
The crafts retailer, which is in the midst of a lawsuit over the Affordable Care Act, is taking pains to deny it’s closing stores.
By Daphne Howland • Feb. 6, 2014 -
Walgreens reports sales growth, says it won't abandon cigarettes
Sales at stores open at least a year rose 2.9% in January, beating expectations.
By Daphne Howland • Feb. 6, 2014 -
Deep Dive
Are these 5 retailers headed for the endangered species list?
Without improvement, these retailers could go the way of Blockbuster and Borders.
By Daphne Howland • Feb. 5, 2014 -
CVS to halt cigarette sales
The drugstore chain is leaving behind an estimated $2 billion in business in the interest of its shoppers' health.
By Roger Riddell • Feb. 5, 2014 -
H&M: Cheap fashion can be ethical, too
The globe’s second largest fashion retailer insists that ethical working conditions are not just a luxury.
By Daphne Howland • Feb. 4, 2014 -
Congress dusts off data-security proposals
Senate Banking Committee members are preparing to hear from Target executives about the retail giant's massive breach.
By Daphne Howland • Feb. 4, 2014 -
Whole Foods buys 7 former Chicago Dominick's stores
The sales follow a similar after-the-deadline purchase by Caputo's.
By Paul Conley • Feb. 3, 2014 -
Deep Dive
5 directions retail tech is headed in 2014
It’s not going to be enough to embrace the dazzling advances in technology now available — retailers have to get it right.
By Daphne Howland • Feb. 3, 2014 -
Jos. A. Bank Clothiers Inc. again rebuffs Men’s Wearhouse
The retailer, which may be in talks to acquire Eddie Bauer, last week rejected a $57.50/share bid as undervalued.
By Daphne Howland • Feb. 3, 2014 -
Deep Dive
7 retail marketing campaigns that show weirder is sometimes better
For better or worse, retailers often take the cake when it comes to odd ads.
By Wendy Parish • Jan. 31, 2014 -
H&M profits miss projections
Its competition is stiff, but the Swedish retailer says it will head into the wind, continuing its expansion in the U.S. and China.
By Daphne Howland • Jan. 30, 2014 -
Target vendor the likely conduit for thieving malware
The investigation into the massive data breach at one of the world’s largest retailers has narrowed, revealing vulnerabilities in retailers' B2B connections.
By Daphne Howland • Jan. 30, 2014 -
Homegoods e-retailer Wayfair may go public
Growing some 50% and outpacing competitors like top-performing Williams-Sonoma, the e-retailer is seeing robust business.
By Daphne Howland • Jan. 29, 2014 -
Videogame retailers playing hardball with online competition
To keep gamers coming to their stores, GameStop and other retailers are fighting digital distribution of games, and fighting hard.
By Daphne Howland • Jan. 29, 2014 -
Consumer confidence at a surprise 5-month high
To affect spending habits, such optimism will have to stay steady for a good while, economists say.
By Daphne Howland • Jan. 29, 2014 -
Abercrombie & Fitch to split chairman/CEO roles
The troubled teen clothing retailer made other moves, too, that are seen as an effort to soothe the nerves of its investors.
By Daphne Howland • Jan. 29, 2014 -
Caputo's buys four shuttered Dominick's in Chicago area
The purchase more than doubles Caputo's footprint in Chicago.
By Paul Conley • Jan. 28, 2014 -
Ikea posts record profits
The furniture retailer posted record profits for the year, despite its tepid embrace, so far, of e-commerce.
By Daphne Howland • Jan. 28, 2014 -
Customers expect more in exchange for their data
Research shows that consumers will trade access to their social media, location, and mobile information only for favorable pricing, shipping, and return policies.
By Daphne Howland • Jan. 28, 2014
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