12/10/2014 - 11:29am

The cost of healthcare, the ability to maintain margins
 and the ability to continue to grow revenue are the top business challenges in the retail sector.

12/09/2014 - 5:23pm

Overall U.S. retail sales (excluding auto) are expected to grow 3%-4% in 2015 although a variety of challenges will continue to constrain the performance of several retailers and retail segments, according to a new Fitch Ratings report.

12/09/2014 - 12:40pm

Nearly half of CFOs expect the U.S. economy to improve during the next six months and only 9% expect it to worsen, according to the Grant Thornton LLP 2014 Fall CFO Survey.

12/09/2014 - 12:29pm

The Pantry Inc. beat Wall Street expectations with net income but missed on revenue in the fourth quarter of fiscal 2014. 

12/09/2014 - 12:23pm

Conn’s Inc. has named VP and chief accounting officer Mark Haley as interim CFO in the wake of the departure of former CFO Brian Taylor. The company also reported a net loss of $3.06 million in the third quarter of fiscal 2015, compared to net income of $24.38 million a year earlier, missing Wall Street expectations.

12/09/2014 - 12:20pm

Burlington Stores Inc. increased its net loss to $34.21 million in the third quarter of fiscal 2014 from $16.86 million in the same period a year earlier amid increased expenses net loss.

12/08/2014 - 3:42pm

Shack Corp. on Monday denied that it  defaulted on a loan from its term lenders—Salus Capital Partners and Cerberus Capital Management—less than a week after the chain initially disputed the allegations as “wrong and self-serving,” the Wall Street Journal reported.

12/08/2014 - 12:03pm

The House has passed a long-delayed tax bill that will help retailers remodel their stores and also move a wide range of individuals including welfare recipients and veterans into the workforce. 

12/05/2014 - 4:35pm

The proposed merger between Tim Hortons Inc. and Burger King Worldwide Inc. has been approved by the Minister of Industry under the Investment Canada Act ("ICA").