Finance

09/04/2014 - 11:04am

Trying to stay competitive with Amazon.com on price may not be the best path to success for department store and discount retailers.

09/04/2014 - 11:02am

Havertys Furniture Company Inc. reports its total written business for the third quarter to date of 2014 is up approximately 3.1% from the same period last year and written same-store sales are up approximately 3.5%.

09/04/2014 - 11:00am

The Retail Services business of Alliance Data Systems Corp. has signed a multi-year agreement to provide co-brand and private label credit card services for Meijer.

09/04/2014 - 10:58am

Lowe's Companies Inc. has agreed to sell $450 million of floating rate notes due 2019, $450 million of 3.125% notes due 2024 and $350 million of 4.250% notes due 2044.

09/04/2014 - 10:56am

The alleged security breach that recently hit The Home Depot Inc. may have compromised credit and debit card data at nearly all of the company’s stores.

09/03/2014 - 5:33pm

Wet Seal Chairperson Lynda Davey is resigning from her post, effective Oct. 1.

09/03/2014 - 5:25pm

ACI Worldwide, a leading global provider of electronic payment and banking solutions, announced that Auchan Group, one of the world’s largest food retailers, has selected the company to deliver its new SEPA-compliant European card payments platform, the first of its kind in Europe.

09/03/2014 - 11:22am

Amazon said that senior VP and CFO Thomas J. Szkutak plans to retire in June 2015. Brian T. Olsavsky, VP finance for Amazon’s global consumer business, will succeed Szkutak.

09/03/2014 - 11:00am

Abercrombie & Fitch has reportedly settled a shareholder lawsuit filed in the U.S. District Court of Columbus, Ohio, regarding its pay of CEO Michael Jeffries, who has received more than $140 million in compensation since 2007.

09/03/2014 - 10:55am

MarineMax Inc. has expanded its financing facility to provide for borrowings of up to $235 million.