Financial
Lion Capital Warrants Expand Losses at American Apparel
The Los Angeles-based vertical retailer posted a net loss of $46.5 million.
— May 8, 2013
Foot Locker to Acquire German Retailer
Footwear firm expands in Europe with $94.2 million deal for Runners Point.
— May 8, 2013
Retailers Shifting Focus to Shopper Yield
RetailNext survey shows it as second-most-watched metric behind conversion; sales per square foot lag.
— May 8, 2013
J.C. Penney Sales Drop 16.5% in Q1
The department store chain is battling to win back customers and maintain construction on in-store shops for new merchandise.
— May 7, 2013
Vornado Books $98.8M Penney's Loss
Firm logged a first-quarter loss on its star-crossed investment in the department store chain.
— May 7, 2013
Timing May Be Right for Neiman Marcus IPO
Retailer appears headed for an initial public offering, with owners TPG Capital and Warburg Pincus itchier than ever to cash in on their investment.
— May 7, 2013
Senate Passes Internet Tax Bill
The legislation, known as the “Marketplace Fairness Act,” seeks to close what many advocates say is a sales tax loophole benefiting online sellers such as eBay.
— May 7, 2013
