Finance

09/24/2014 - 10:23am

Total holiday sales are expected to rise 4% to 4.5% over last season, totaling between $981 and $986 billion, according to Deloitte’s annual retail holiday sales forecast.

09/24/2014 - 10:09am

Starbucks Corp. will acquire the remaining shares of its Japanese joint venture, Starbucks Coffee Japan, for $913 million to accelerate growth across multiple channels in the country, including the introduction of new concepts such as Teavana.

09/23/2014 - 5:05pm

The strategic merits of Burger King Worldwide's leveraged buy-out of Tim Hortons Inc. will be tested by Monday's enactment of tightened U.S. Treasury tax rules on U.S. companies seeking to re-domicile their headquarters in countries with more favorable tax systems, according to Fitch Ratings.

09/23/2014 - 11:24am

RadioShack Corp. has reportedly so far been unsuccessful in its efforts to convince an unidentified ‘major vendor’ to modify a commercial agreement in a way that could benefit a financial restructuring.

09/23/2014 - 11:15am

An increase in selling, general and administrative (SG&A) expenses driven by growing costs of advertising, new stores and store support helped Alco Stores Inc. swing to a net loss of $7 million in the second quarter of fiscal 2014 from net earnings of $800,000 a year earlier.

09/23/2014 - 11:05am

PayItSimple, a new service that lets consumers charge any purchase on their existing credit cards and pay it back in monthly, interest-free installments, has launched in the U.S.

09/23/2014 - 10:52am

Target Canada is aggressively repositioning to drive its price value, according to a basket pricing study by Kantar Retail.

09/22/2014 - 5:17pm

Ascena Retail Group Inc. on Monday reported fourth-quarter net earnings of $15.7 million, compared with $29.8 million in the year-ago period. Its results missed Wall Street expectations.

09/22/2014 - 5:14pm

AutoZone on Monday reported better-than-expected fiscal fourth-quarter net income of $373.7 million from $347.8 million a year earlier.