Retail news continually updated from thousands of sources around the net.
36 min ago | Reuters
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.
4 hrs ago | Inside Bay Area
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 .
6 hrs ago | Brandon Sun
B2Gold Corp. . Miner. Down seven cents, or 2.99 per cent, to $2.27 on 7.4 million shares.
10 hrs ago | CTV
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.
10 hrs ago | KXLY-TV Spokane
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.
11 hrs ago | Brandon Sun
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.
11 hrs ago | West Australian
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.
16 hrs ago | 4029TV.com
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.
17 hrs ago | Daily-Jeff.com
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.
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.
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.
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.
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.
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.
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.
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.
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.
Updated: Mon Sep 15, 2014 10:29 pm
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