Investment fund Trian Fund Management LP has reportedly reduced its stake in Family Dollar Stores Inc. from 7% to a little more than 2%.
ShoeBuy, a global online retailer of shoes and clothing, is expanding into footwear manufacturing.
The addition of a 53rd week in fiscal 2014 for its U.S. operations helped global grocery conglomerate Delhaize Group make up for disappointing results from its Belgium stores.
Apparel retailer Cache Inc. is reportedly preparing to file for bankruptcy as early as the week of Jan. 26.
Mickey Drexler, chairman and CEO of J. Crew and former CEO and president of Gap Inc., is retiring from the board of directors of Apple Inc. as of March 2015.
Restoration Hardware Holdings Inc. (RH) has named Ali Rowghani to its board of directors.
RadioShack Corp. announced that it received a continued listing standards notice from the New York Stock Exchange (NYSE) on Jan. 15.
The underwriters of a public offering of 18.8 million shares of The Michaels Companies common stock have priced it at $23.52 per share.
Athletic-shoe maker New Balance has teamed up with private-equity firm Berkshire Partners LLC to acquire The Rockport Company from the Adidas Group for $280 million.
Starbucks Corp.’s first-quarter profit surged 82% as new offerings and holiday gave a boost to store traffic.