Content about Finance

September 19, 2014

Brown Shoe Company has invested $9 million in Jack Erwin, an online men’s shoe brand that launched last year.

September 19, 2014

Home Depot Inc. confirmed that some 56 million payment cards were likely compromised in a data breach that went undetected for five months.

September 19, 2014

A $400 million loan Eddie Lampert, the CEO and largest shareholder of Sears Holdings Corp., is making to Sears this month reportedly is only enough to last the struggling retailer for three months.

September 19, 2014

A $400 million loan Eddie Lampert, the CEO and largest shareholder of Sears Holdings Corp., is making to Sears this month reportedly is only enough to last the struggling retailer for three months.

September 19, 2014

The U.S. payments market is getting a new player: Klarna, a Swedish e-commerce company focused on simplifying buying, plans to expand to the U.S. market in early 2015.

September 18, 2014

Costco Wholesale Corp will stop accepting American Express cards at its stores in Canada, effective January 1, 2015.

September 18, 2014

Costco Wholesale Corp will stop accepting American Express cards at its stores in Canada, effective January 1, 2015.

September 18, 2014

Nearly one-quarter (24%) of retailers expect a significant increase (5% or more) in year-over-year sales during the 2014 holiday season, while another 70% are predicting sales will be on par with the 2013 season, according to a survey by global management consultancy Hay Group.

September 18, 2014

Nearly one-quarter (24%) of retailers expect a significant increase (5% or more) in year-over-year sales during the 2014 holiday season, while another 70% are predicting sales will be on par with the 2013 season, according to a survey by global management consultancy Hay Group.

September 18, 2014

The nation’s three largest off-price retailers (TJX, Ross Stores and Burlington) will see above-average growth, in the 6%-8% range, over the next five years, compared with 4% growth for the broader retail industry, according to a new report by Moody's Investors Service.

September 18, 2014

The nation’s three largest off-price retailers (TJX, Ross Stores and Burlington) will see above-average growth, in the 6%-8% range, over the next five years, compared with 4% growth for the broader retail industry, according to a new report by Moody's Investors Service.

September 18, 2014

Rite Aid Corp. reported better-than-expected profit and sales for the second quarter.

September 18, 2014

Rite Aid Corp. reported better-than-expected profit and sales for the second quarter.

September 17, 2014

Amazon and the U.K.-based mobile payments company, Bango, have teamed up with Germany’s Telefónica Deutschland to deliver carrier billing services on Telefónica’s network in Germany.

September 17, 2014

The heated battle for Family Dollar Stores rages on, with Family Dollar on Wednesday rejecting a $9.1 billion takeover bid from rival Dollar General and reaffirming its support of its deal with Dollar Tree.

September 17, 2014

The heated battle for Family Dollar Stores rages on, with Family Dollar on Wednesday rejecting a $9.1 billion takeover bid from rival Dollar General and reaffirming its support of its deal with Dollar Tree.

September 17, 2014

GE Capital, Commercial Distribution Finance (CDF) announced it has significantly expanded its inventory financing program with MarineMax, and extended its duration through 2017.

September 17, 2014

GE Capital, Commercial Distribution Finance (CDF) announced it has significantly expanded its inventory financing program with MarineMax, and extended its duration through 2017.

September 17, 2014

GE Capital, Commercial Distribution Finance (CDF) announced it has significantly expanded its inventory financing program with MarineMax, and extended its duration through 2017.

September 17, 2014

Pier I on Wednesday reported income and sales that missed Wall Street forecasts. The retailer also detailed its online growth and omnichannel investments.

September 17, 2014

Pier I on Wednesday reported income and sales that missed Wall Street forecasts. The retailer also detailed its online growth and omnichannel investments.

September 17, 2014

Timberland detailed its plan to grow revenues by $1.4 billion during the next five years at an investor meeting at the company’s headquarters in Stratham, New Hampshire.

September 17, 2014

Timberland detailed its plan to grow revenues by $1.4 billion during the next five years at an investor meeting at the company’s headquarters in Stratham, New Hampshire.

September 16, 2014

Brookstone said its president and CEO, James M. Speltz, has resigned.