Retail/Business
Kohl's Shareholders Vote for Independent Chairman
Proposal allows the company to wait to make the change with the next ceo.
— May 16, 2013
Wal-Mart Corruption Probe Costs Rise
The world’s largest retailer on Thursday revealed it spent $73 million in the first quarter on matters related to FCPA-related issues.
— May 16, 2013
Richemont Full-Year Net Rockets 30.2%; Rupert Sets Sabbatical
The chairman, controlling shareholder of the world’s second-largest luxury goods group will take a yearlong sabbatical beginning in September.
— May 16, 2013
Amid Bangladesh Fallout, Cambodian Factory Collapses
Shoe factory floor falls in, killing at least three.
— May 16, 2013
Splits Develop Over Bangladesh Safety Plans
More European brands and retailers joined the Bangladesh fire and safety accord with unions on Wednesday, while the divisions grew among American companies.
— May 16, 2013
Macy's Kicks Off American Icons Campaign
On Tuesday night, the retailer hosted an elaborate launch party for the promotion that featured a fashion show and concert by singer Sheryl Crow.
— May 15, 2013
Dillard's Net Rises on Flat Sales
Expense reduction helps profit grow 23.4 percent as comps grow just one percent.
— May 15, 2013
