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

36 min ago | Reuters

UPDATE 1-Hedge funds say Ann Inc could be worth $65/shr in potential sale

Hedge funds Red Alder LLC and Engine Capital again urged Ann Inc to consider a sale to a private equity firm or another apparel company, stepping up pressure on the women's retailer to improve its performance. A sale to retailers like Chico's FAS Inc, Ascena Retail Group, J.Crew or Fast Retailing Co Ltd, could fetch a price between $60 to $65 per share for the Ann Taylor parent, the hedge funds said in an investor presentation on Monday.

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Related Topix: Apparel, Ann Taylor Stores, Startups, Apax Partners

4 hrs ago | Inside Bay Area

Palo Alto startup teams with Macy's, Bloomingdale's for same-day delivery

Palo Alto startup Deliv is teaming up with Macy's and Bloomingdale's to test same-day delivery for products purchased on their websites, parent company Macy's announced Monday. The department stores are joining the growing ranks of retailers trying to compete with superfast delivery options offered by e-commerce sites like Amazon.com .

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Related Topix: Federated Department Stores, Amazon, Internet, Science / Technology, Media, IT Services, Audible

6 hrs ago | Brandon Sun

Most actively traded companies on the TSX

B2Gold Corp. . Miner. Down seven cents, or 2.99 per cent, to $2.27 on 7.4 million shares.

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Related Topix: Microfinancial, Food, Leasing, Financial Services, Maple Leaf Foods, Smart and Final, Insurance, Manulife Financial, Canadian Natural Resources, Energy, Oil & Gas

10 hrs ago | CTV

Urban Outfitters apologizes for red-splattered Kent State sweatshirt

Urban Outfitters has apologized for selling a red-splattered sweatshirt that referenced Kent State University where four students were shot dead in 1970. Clothing retailer Urban Outfitters has apologized for selling a red-splattered sweatshirt that referenced an Ohio university where four students were shot dead in 1970.

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Related Topix: Urban Outfitters, Apparel, Kent State University, Violent Crime

10 hrs ago | KXLY-TV Spokane

Liquor fee fight pushes Costco to Washington GOP

Executives at Costco Wholesale have long been big supporters of Democratic causes and candidates, but an obscure liquor tax fight is prompting the company to support Washington state Republicans. The Seattle Times reports that in the key battle for control of the state Senate this year, top Costco brass have essentially switched sides, backing the Republican Party's efforts to maintain and expand its majority coalition.

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Related Topix: Costco Wholesale, Variety Wholesalers, US News

11 hrs ago | Brandon Sun

New Cibc Ceo announces reorganization of bank's senior executives

The Canadian Imperial Bank of Commerce has announced a major reorganization of senior management, as incoming CEO Victor Dodig shuffled a number of roles and announced the exit of two executives. Changes include the departure of two longtime leaders at the bank, following on the heels of CEO Gerry McCaughey's surprise retirement nearly two years earlier than expected.

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Related Topix: Financial Services, Canadian Imperial Bank of Commerce, Banking, Coles Myer, Grocery

11 hrs ago | West Australian

RadioShack CFO resigns; AlixPartners MD named interim CFO

Struggling electronics retailer RadioShack Corp, which is teetering on the brink of bankruptcy, said John Feray resigned as chief financial officer last week. The company said on Monday it named AlixPartners LLP managing director Holly Etlin as interim CFO.

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Related Topix: RadioShack, Financial Services, AlixPartners, Economics News, Bankruptcy

16 hrs ago | 4029TV.com

Urban Outfitters sells bloody Kent State shirt

Urban Outfitters is under fire for selling a "blood-stained" Kent State sweatshirt in an apparent homage to the 1970 shooting there that left four people dead. Described as "vintage" on the clothing retailer's website, the shirt was spattered with dark red blotches and had several small holes.

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Related Topix: Apparel, Urban Outfitters

17 hrs ago | Daily-Jeff.com

Yelp group mourns prolific Ohio reviewer Paul F.

Paul F. once gave a gas station a five-star review for its hot dogs. He tore into a breakfast restaurant for charging him a quarter for jelly.

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Related Topix: KSS Retail, Kohls, Columbus, OH

21 hrs ago | Lowell Sun

Littleton Market Basket to open soon

Market Basket will open its new Littleton store, which has been under construction off Route 119, by the end of the year. "I am writing to provide with the assurance that we are, after some delay, proceeding rather quickly and have directed all available resources to open the new Market Supermarket in Littleton by the end of December 2014," Arthur T. Demoulas, CEO of Demoulas Super Markets Inc., wrote in his Sept.

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Related Topix: Littleton, MA, Demoulas Super Markets, Grocery

Sun Sep 14, 2014

Colorado Daily

In wake of CEO ouster, a turning point for Boulder-based Alfalfa's Market

Andrew Scott stocks sweet potatoes in the produce area on Tuesday at the Alfalfa's on Broadway and Arapahoe Avenue in Boulder. A senior leadership upheaval last week at Alfalfa's Market - a two-store local grocer that is a reboot of the popular natural foods chain of the 1980s and '90s - resulted in the firing of three managers and the forced resignation of CEO and Chairman Mark Retzloff, an industry veteran who co-founded both iterations of Alfalfa's.

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Related Topix: Potatoes, Life, Food, Vegetables, Wild Oats Markets, Grocery, Austin, TX

The Times-Tribune

State police set up checkpoint near Blooming Grove barracks as shooting investigation continues

State police have set up a checkpoint on Route 402 North, just past the Blooming Grove police barracks where one trooper was killed and another was wounded during an ambush Friday night. Officers are stopping motorists and asking if they witnessed anything.

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Related Topix: US News, US Federal Bureau of Investigation, Dunmore, PA, Tiffany , Jewelry, Trooper, PA

The Motley Fool

3 Retailers to Put in Your Portfolio Before the Holidays

Amazon is leading the online revolution Retailers delivered largely disappointing financial performance during the last holiday season. The unusually cold weather was clearly a relevant factor behind lackluster sales data, but the online retail revolution is a much more serious and permanent threat for many brick-and-mortar operators.

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Related Topix: Weather, Restaurant Management, Starbucks, Life, Holidays, Cyber Monday, Federated Department Stores

Daily Herald

Cook making own mark on Apple after Steve Joba s death

Apple Inc. Chief Executive Officer Tim Cook, after three years of incremental changes to products created under Steve Jobs, delivered on his promise to take the world's most valuable company into new categories including wearables and payments. Apple recently revealed a smartwatch with health and fitness capabilities, and smartphone-like features such as maps and messaging.

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Related Topix: Science / Technology, Apple, Startups, Steve Jobs, Bloomingdales, American Airlines, iPad App, iPhone App, iPod touch App, iPhone and iPad App

Journalgazette.net

Business people

Sweetwater recently hired three nationally known music professionals: producer and keyboard player Phil Naish ; drummer and vocalist Nick D'Virgilio ; and guitarist Don Carr . Ken W. Stalcup joined Baden Gage & Schroeder, certified public accounting and business consulting firm, as an expert in forensics, fraud and litigation.

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Related Topix: Fort Wayne, IN, Household Products, Do it Best, Indiana

Al Bawaba

The map that guided Lawrence of Arabia to victory goes under the hammer

Lawrence of Arabia's map is expected to fetch up to A 100,000 when it goes under the hammer at Sotheby's in London. [Daily Mail] The only map sketched by Lawrence of Arabia is expected to fetch up to A 100,000 when it goes under the hammer in London next month.

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Related Topix: Auctions, Sothebys Holdings

Sat Sep 13, 2014

WTVG-TV Toledo

Museum to put 3 O'Keeffe paintings up for auction

The Georgia O'Keeffe Museum in New Mexico said Friday it will sell three works by the American modernist painter to benefit its acquisitions fund. Going on the auction block is one of O'Keeffe's most well-known flower paintings - "Jimson Weed/White Flower No.

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Related Topix: Arts, Painting, Auctions, Sothebys Holdings

The Wichita Eagle

Kendrick Lamar, Nas to headline 1 Musicfest

Some of hip-hop and R&B's biggest acts from Kendrick Lamar to Nas are expected to perform at the fifth annual ONE Musicfest in Atlanta. It will be 12 hours of non-stop music at the one-day festival, which will take place Saturday at Aaron's Amphitheatre at Lakewood.

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Related Topix: Kendrick Lamar, Hip-Hop, Aaron Rents, Leasing, Household Products, Wichita, KS, Entertainment

Seeking Alpha

Dead Companies Walking: J.C. Penney, Herbalife, Blockbuster

Dead Companies Walking: How A Hedge Fund Manager Finds Opportunity in Unexpected Places by Scott Fearon, discusses methods for spotting doomed businesses, and how they can be extremely profitable investments. First a little something on the book and then a link to a very interesting article about the book.

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Related Topix: JC Penney, Financial Markets

Daytona Beach News-Journal Online

Daytona Beach's Volusia Mall looks to expand: More restaurants on way

The owners of Volusia Mall, who expect to complete a nearly $5 million face-lift project next month, aren't done with efforts to revitalize the Volusia-Flagler area's largest shopping center. CBL & Associates officials are considering a plan to add a cluster of restaurants in front of the mall along International Speedway Boulevard in a project whose working title is "Volusia Mall Streetscape."

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Related Topix: Daytona Beach, FL, Real Estate, CBL and Associates Properties, Dillards, Ormond Beach, FL

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