Financial News: Page
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New York's longtime Fifth Avenue Barnes & Noble closes
The bookstore chain turns another page in its efforts to meet readers’ changing habits.
By Daphne Howland • Jan. 9, 2014 -
California judge rules Overstock.com, Inc. misleads shoppers on price comparisons
Overstock warns the ruling overly dictates how retailers advertise and says it will appeal.
By Daphne Howland • Jan. 9, 2014 -
East Coast Forever 21 stores land workplace-safety fines
Repeat fines may become more commonplace as retailers face increased OSHA scrutiny.
By Daphne Howland • Jan. 8, 2014 -
Apple opens digital retail space on major Chinese e-commerce site Tmall
The latest move shows Apple isn’t being shy about taking on stiff competition in China.
By Daphne Howland • Jan. 7, 2014 -
NRF appeals swipe fee settlement decision worth billions
The National Retail Federation has called the settlement "an abuse of the class action system."
By Brian Warmoth • Jan. 3, 2014 -
Wal-Mart faces donkey meat scandal in China
Tests found fox meat where there was supposed to be donkey.
By Brian Warmoth • Jan. 3, 2014 -
Is Uber Google's secret weapon against Amazon drones?
The real delivery battle may take place by land instead of air.
By Brian Warmoth • Jan. 2, 2014 -
Target suffers a new setback with holiday gift card issues
Compromised debit and credit card info has already caused headaches, but now Target has also acknowledged improperly activated gift cards.
By Brian Warmoth • Jan. 2, 2014 -
Macy's and Martha Stewart resolve their JC Penney dispute
But the story isn't over for Penney.
By Brian Warmoth • Jan. 2, 2014 -
Amazon expands sales tax to 3 more states
The total number of states where Amazon must collect sales tax will reach 20 by 2016.
By Roger Riddell • Jan. 2, 2014 -
Retailers to appeal $5.7B swipe fee settlement
Opposition to credit card swipe fees remains strong.
By Davide Savenije • Dec. 16, 2013 -
Some Retailers Cut Hours and Benefits, Others See Opportunity With Obamacare
Through a special arrangement, presented here for discussion is a summary of a current article from the Retail TouchPoints website. Website issues aside, while much of the publicity regarding Obamacare has centered around companies cutting back hours and reducing health care benefits for employe...
Dec. 16, 2013 -
Potdevin to be new Lululemon CEO
Will two leadership swaps be enough to clean up the yoga-pants company's image in 2014?
By Brian Warmoth • Dec. 10, 2013 -
Lands' End business latest to be spun off by Sears
The clothing business is the latest to be spun off by the struggling retailer.
By Roger Riddell • Dec. 6, 2013 -
Australia's Westfield commits to full retail stake at World Trade Center
A new deal will see the firm invest $800 million more in its Manhattan interests.
By Brian Warmoth • Dec. 5, 2013 -
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