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Retail News

Retail news continually updated from thousands of sources around the net.

1 hr ago | Business Journal

Big Lots prototype on display at new Reynoldsburg shop

The company's latest Reynoldsburg store, which opened today at 6300 Livingston Ave., shows off not just changes to what Big Lots is putting on its shelves, but also a prototype layout as it steps up its merchandising technique.

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Related Topix: Big Lots, Reynoldsburg, OH, Columbus, OH

5 hrs ago | NorthlandsNewscenter.com

Shoplifting suspect escapes custody during arrest

Duluth Police were called to the Kohl's department store at 2115 Miller Trunk Highway in Duluth on reports of a male and female shoplifting in the store on Wednesday.

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Related Topix: Kohls, KSS Retail, Duluth, MN

9 hrs ago | Lake Country Sun

Gwyneth Paltrow OK with Jennifer Lawrence dating Chris Martin

A source told Us Weekly that Paltrow wishes the best for the father of her two kids, Apple, 10, and Moses, 8. Of course she does.

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Related Topix: Iron Man, Drama Movies, Celebrities, Gwyneth Paltrow, Saks Fifth Avenue, Juneau, AK

Fri Aug 22, 2014

Reuters

Wylys' lawyer warns SEC's $729 million claim would bankrupt them

A lawyer for Texas tycoon Sam Wyly and his late brother Charles' estate told a federal judge on Friday that a U.S. securities regulator's demand for $729 million in damages for a fraudulent offshore scheme would "bankrupt" them.

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Related Topix: Securities and Exchange Commission, Corporate / Securities Law, Law, Economics News, Bankruptcy, US Securities and Exchange Commission, Financial Services, Michaels Stores

CBC News

Retailers beware: Homeland Security says cash registers susceptible to data theft

Malicious software could be lurking in cash registers commonly used by retailers, the U.S. government warned on Friday.

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Related Topix: Transportation, Trucking, United Parcel Service, Air Courier, Target, Business News

Sacramento Bee Newspaper

Stocks end mostly lower as Ukraine tensions flare

Investors were also poring over a speech by Federal Reserve Chair Janet Yellen, which gave few clues about the central bank's next moves on interest rates.

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Related Topix: Financial Markets, Apparel, Aeropostale

Dallas Morning News

2.2M bean bag chairs recalled following death of McKinney boy, Kentucky girl

About 2.2 million bean bag chairs are being recalled after two children opened them, crawled inside and suffocated to death.

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Related Topix: Product Recalls, McKinney, TX, Meijer, Grocery

Seeking Alpha

Foot Locker (FL) Q2 2014 Results - Earnings Call Webcast

The following audio is from a conference call that will begin on August 22, 2014 at 09:00 AM ET.

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Related Topix: Apparel, Foot Locker

The Globe and Mail

Look to Hong Kong data for a glimpse into global retail troubles

If you want any more evidence that commerce has been globalized, just cast a glance at Wall Street this morning where analysts have been scanning the half-year financial figures published by a Chinese trader, Li & Fung, hoping to glean some wisdom about the future of Main Street, USA.

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Related Topix: Transportation, Li and Fung, Logistics, Wal Mart Stores

Thu Aug 21, 2014

Silicon Alley Insider

GameStop Second-quarter Sales Beat Expectations; Shares Rise

GameStop Corp on Thursday reported its quarterly revenue surged by 25 percent over the prior year, topping expectations, buoyed by the success of new game releases as well as solid sales of gaming hardware from Microsoft and Sony Corp. Revenue for the fiscal second quarter ended Aug. 2 rose to $1.73 billion.

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Related Topix: GameStop, Ubisoft, Watch Dogs, Video Games, Microsoft Xbox

Monterey County Herald

Usa Today Best-Sellers

Reporting stores include: Amazon.com, Amazon Kindle, Barnes & Noble.com, Barnes & Noble Inc., Barnes & Noble e-books, BooksAMillion.com, Books-A-Million, Bookland and Books & Co., Costco, Davis-Kidd Booksellers , Hudson Booksellers, Joseph-Beth Booksellers , Kobo, Inc., Powell's Books , Powells.com, R.J. Julia Booksellers , Schuler Books & Music , ... (more)

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Related Topix: Amazon, Barnes and Noble, BooksAMillion, Lexington, KY

Brandon Sun

Home Depot says US retail head Craig Menear will become CEO; Frank Blake will remain chairman

Home Depot says Craig Menear, the president of its U.S. retail operations, will become president and CEO of the company Nov. 1. Frank Blake has been Home Depot's chairman and CEO since 2007, and he will remain chairman of the company.

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Related Topix: Household Products, Home Depot

Cybercast News Service

Gap reports higher profit, plans India expansion

Gap Inc. said its profit rose 10 percent in the second quarter as the clothing retailer cut expenses and managed to lift sales.

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Related Topix: Apparel, GAP

San Jose Mercury News

Retailers offer online paths to back-to-school savings

In this July 30, 2014 file photo, Jill Courtney, right, shops for school supplies for her sons, Will, left, and Reid, not seen, at a Target store in St. Joseph, Mo.

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Related Topix: Target, St. Joseph, MO, Publishing, Media, Television, Ottaway Newspapers, Fox Filmed Entertainment, FOX News Network

WLS-AM Chicago

EMILY's List Drops Big Money in Georgia Senate Race

There's a new big spender in Georgia. EMILY's List, the political action committee that supports pro-abortion-rights Democratic female candidates, has bought $1 million of air time in Atlanta's media market to run a TV ad attacking the business record of Republican Senate candidate and former Dollar General CEO David Perdue, the group told ABC.

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Related Topix: US Politics, Jack Kingston, US News, Republican, US House of Representatives, US Senate, Saxby Chambliss, Georgia, Dollar General

Nanaimo Daily News

Sears 2nd-quarter loss widens as retailer continues to deal with sluggish sales

The retailer - which runs Sears and Kmart stores - lost $573 million, or $5.39 per share, for the period ended Aug. 2. That compares with a loss of $194 million, or $1.83 per share, a year earlier.

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Related Topix: Sears, Hoffman Estates, IL

Silicon Alley Insider

Dollar General Questions Motives Of Family Dollar CEO

Chief Executive Howard Levine was being driven by self-interest in his support of a proposed takeover of his company by Dollar Tree Inc Dollar General, which has made its own offer to buy Family Dollar, also alleged it had been led astray by Levine in talks on a potential buyout, notably during a meeting on June 19. "At no time during this meeting ... (more)

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Related Topix: Family Dollars Stores

Wed Aug 20, 2014

Business Journal

Whole Foods, Trader Joe's affected by peanut-, almond-butter recall

Shoppers at Whole Foods Market and Trader Joe's could be affected by a nationwide voluntary recall of peanut butter and almond butter.

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Related Topix: Whole Foods Market, Grocery, 38 Studios, Food and Drug Administration

Reuters

Ex-Aeropostale executive gets 8 years prison over kickbacks

Christopher Finazzo, a former executive vice president and chief merchandising officer at Aeropostale, was also ordered by U.S. District Judge Roslynn Mauskopf in Brooklyn, New York, to forfeit more than $25 million and pay the company $13.7 million in restitution.

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Related Topix: Apparel, Aeropostale, Brooklyn, NY, New York, NY, Blue Valentine

Daily Herald

Staples to shut 140 north america stores in 2014 as sales stall

Staples Inc. plans to shut about 140 stores in North America this year as the office-supply retailer responds to online competition that has hurt sales.

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Related Topix: Office Equipment, Staples

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