Lampert: Sears $279M Loss 'Not Acceptable'
Investors agreed and pushed shares of the firm down 11.9 percent in after-hours trading.
Bertelli, Prada
On Growth, Acquisitions
And More
Those were among the topics discussed at the luxury group’s annual general meeting in Milan.
Clearlake Takes Majority Stake
In Bluefly
Private equity firm expected to acquire all outstanding shares.
BusinessNews
- Firms 'Kicking the Tires' on Saks Inc.
May 24 2013 Friday - Gap Sees 42.9% Profit Growth in Q1
May 24 2013 Friday - L Brands Aims to Boost Operating Income
May 23 2013 Thursday - Report Examines Causes of Rana Plaza Disaster
May 23 2013 Thursday - Clearlake Takes Majority Stake in Bluefly
May 23 2013 Thursday - Bon-Ton Narrows Net Loss for Q1
May 23 2013 Thursday - A.G. Lafley Returning to Procter & Gamble
May 23 2013 Thursday
Financial
Gap Sees 42.9% Profit Growth in Q1
Retailer added $100 million to its bottom line in the period and a bit more to its online sales total.
Government and Trade
Report Examines Causes of Rana Plaza Disaster
The disaster stemmed from irregularities in building codes.
Mergers and Acquisitions
Clearlake Takes Majority Stake in Bluefly
Private equity firm expected to acquire all outstanding shares.
Legal
Retailers Opt Out of Multibillion-Dollar Settlement
Retailers that sued Visa and MasterCard over interchange fees reject $7.25 billion proposed settlement and file new suit in New York federal court.
Forecasts and Analysis
Luxury Enters Single-Digit Era
Bain study predicts growth of 4 to 5 percent in 2013.
Marketing and Promotion
Measuring Online ROI: Brands Turn to Video as Consumer Yardstick
Video is proving to be the most powerful digital medium for reaching consumers in a measurable way.
