Finance

07/21/2014 - 5:07pm

GE Capital announced it is providing Brookstone, the product development company and specialty retailer, with a $115 million senior credit facility.

07/21/2014 - 11:47am

Wal-Mart Stores Inc. has reportedly invested $103 million in its Indian operations with the goals of expanding its wholesale store count and increasing its online presence there.

07/21/2014 - 11:42am

Dirk Montgomery, executive VP and CFO of Ascena Retail Group Inc. since January 2013, has accepted a position with a healthcare-related company based in Florida.

07/21/2014 - 11:35am

Parents spend, on average, $659 on school-related costs throughout the year per family.

07/21/2014 - 11:30am

General Electric is spinning off its Synchrony Financial consumer credit business in an initial public offering (IPO) and seeking a market valuation as high as $22 billion.

07/18/2014 - 3:39pm

Herman Miller has entered into an agreement to acquire high-end furniture retailer Design Within Reach Inc. (DWR) for about $154 million in cash.

07/18/2014 - 11:16am

Kimco Realty Corp. has acquired a portfolio of 10 shopping centers from its joint venture with SEB Asset Management for $275.8 million, including $193.6 million of mortgage debt.

07/18/2014 - 11:15am

Rob Brown, an actor best known for his role on the HBO series “Treme,” has reportedly settled a discrimination lawsuit against Macy’s and the city of New York.

07/17/2014 - 4:49pm

The House has passed legislation broadening a federal tax law that makes it cheaper for retailers to remodel their stores, the National Retail Federation said.

07/17/2014 - 4:48pm

Sycamore Partners is in early discussion with Fred’s about a potential takeover, Reuters reported.