Financial

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Nordstrom To Shut Distribution Center

SEATTLE -- Nordstrom said it plans to close its Tukwila, Wash., distribution center in January 1995, eliminating about 220 jobs. The company said merchandise now processed at Tukwila will be redirected to a newer, more modern distribution center in...

The Big Boom: Italian Fashion Houses May Be Struggling At Home, But the Exchange Rate and Emerging Markets Are Helping Them Thrive Abroad

MILAN -- The good news on the Italian fashion scene these days is almost all overseas.

While fashion gurus reluctantly admit the going is rough at home, where the domestic market is still in a slump and expected to stay that way at least for...

DH Says: 'Look At Us'

WASHINGTON -- The Dayton Hudson Corp., Minneapolis, cut its health care costs for workers in the Twin Cities by 10 percent last year, and Fred Hamacher, vice president of compensation and benefits, says its managed care program should be examined by...

Ward's Buys Ship 'N Shore Brand Name

CHICAGO -- Montgomery Ward has acquired the rights to the Ship 'N Shore apparel brand.

Ward's sells name-brand and proprietary merchandise in all of its retail areas. Some of its key apparel brands are Lee, Gloria Vanderbilt, Radcliffe, Connie...

How Retailers Rate the Seven Major Proposals

WASHINGTON -- Here is a summary of the seven major health care reform proposals before Congress:

President Clinton's Health Security Act, with 100 House co-sponsors. It provides health care to every American. Employers are required to insure...

Gitano Pushed By Wal-Mart To Seek Buyer

NEW YORK -- Gitano Group Inc. put itself on the block Monday after an ultimatum from Wal-Mart Stores to sell the company or lose its business.

Gitano said that its principal customer -- which it did not identify -- said it could not continue...

Fast Forward At Fendi

ROME -- The Fendis have a knack for mixing the classic with the avant-garde. The same company that made a globally recognized trademark out of simple black and beige stripes has also pulled off such feats as presenting a singular collection of...

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