FamousAbout.com » Retail http://famousabout.com What's the Famous World News Online About? Tue, 22 May 2012 04:04:36 +0000 en hourly 1 http://wordpress.org/?v=3.2.1 American Eagle exits children’s shops, CFO resigns http://famousabout.com/american-eagle-exits-childrens-shops-cfo-resigns http://famousabout.com/american-eagle-exits-childrens-shops-cfo-resigns#comments Sat, 19 May 2012 08:06:20 +0000 France http://famousabout.com/american-eagle-exits-childrens-shops-cfo-resigns (Reuters) – Teen apparel retailer American Eagle Outfitters Inc said it is getting out of the children’s clothing business and that Chief Financial Officer Joan Hilson will step down at the end of July. The Pittsburgh-based company is exploring options such as a full or partial sale of 77kids, which includes 22 stores and an online business, it said in a statement on Friday. American Eagle introduced the brand in October of 2008 as an online-only brand

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American Eagle exits children’s shops, CFO resigns
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]]> http://famousabout.com/american-eagle-exits-childrens-shops-cfo-resigns/feed 0 Analysis: Will mild winter mean summertime blues for retailers? http://famousabout.com/analysis-will-mild-winter-mean-summertime-blues-for-retailers http://famousabout.com/analysis-will-mild-winter-mean-summertime-blues-for-retailers#comments Thu, 17 May 2012 18:22:33 +0000 France http://famousabout.com/analysis-will-mild-winter-mean-summertime-blues-for-retailers NEW YORK (Reuters) – With the meteoric jump in shares of Apple Inc and turmoil in the bank sector garnering the spotlight in recent months, one group managed to fly under the radar despite strong gains – retailers.

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Analysis: Will mild winter mean summertime blues for retailers?
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]]> http://famousabout.com/analysis-will-mild-winter-mean-summertime-blues-for-retailers/feed 0 Adidas sues Big 5 over alleged sneaker knock-offs http://famousabout.com/adidas-sues-big-5-over-alleged-sneaker-knock-offs http://famousabout.com/adidas-sues-big-5-over-alleged-sneaker-knock-offs#comments Wed, 16 May 2012 23:39:08 +0000 France http://famousabout.com/adidas-sues-big-5-over-alleged-sneaker-knock-offs (Reuters) – Adidas AG has sued to stop a U.S. sporting goods retailer and a skateboarding equipment maker from selling sneakers with three parallel diagonal stripes, a design it said looks too much like its own

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]]> http://famousabout.com/adidas-sues-big-5-over-alleged-sneaker-knock-offs/feed 0 April retail sales hint at slower spending pace http://famousabout.com/april-retail-sales-hint-at-slower-spending-pace http://famousabout.com/april-retail-sales-hint-at-slower-spending-pace#comments Wed, 16 May 2012 04:23:09 +0000 France http://famousabout.com/april-retail-sales-hint-at-slower-spending-pace WASHINGTON (Reuters) – Sales at retailers barely rose in April as the boost from an unseasonably warm winter faded, pointing to some loss of momentum in consumer spending early in the second quarter.

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]]> http://famousabout.com/april-retail-sales-hint-at-slower-spending-pace/feed 0 Berkshire adds GM, Viacom positions in first quarter http://famousabout.com/berkshire-adds-gm-viacom-positions-in-first-quarter http://famousabout.com/berkshire-adds-gm-viacom-positions-in-first-quarter#comments Wed, 16 May 2012 04:21:59 +0000 France http://famousabout.com/berkshire-adds-gm-viacom-positions-in-first-quarter (Reuters) – Berkshire Hathaway added new positions in automaker General Motors and media conglomerate Viacom in the first quarter and cut its stake in chipmaker Intel by 33 percent, the conglomerate said in a quarterly holdings statement on Tuesday. Berkshire also boosted its position in Wal-Mart Stores by 20 percent in the first quarter, just before news broke of a bribery scandal involving the company’s Mexican unit. The ice-cream-to-insurance conglomerate is the retailer’s fifth-largest shareholder

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]]> http://famousabout.com/berkshire-adds-gm-viacom-positions-in-first-quarter/feed 0 CEO probe forces Best Buy founder out as chairman http://famousabout.com/ceo-probe-forces-best-buy-founder-out-as-chairman http://famousabout.com/ceo-probe-forces-best-buy-founder-out-as-chairman#comments Mon, 14 May 2012 23:12:20 +0000 France http://famousabout.com/ceo-probe-forces-best-buy-founder-out-as-chairman (Reuters) – Best Buy Co Inc founder Richard Schulze is stepping down as chairman after he failed to tell the board that a former chief executive had an improper relationship with a female employee, the electronics retailer said on Monday. Best Buy said the board’s investigation had found that former CEO Brian Dunn’s relationship “negatively impacted the work environment,” but involved no misuse of company resources

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]]> http://famousabout.com/ceo-probe-forces-best-buy-founder-out-as-chairman/feed 0 Corporate monitor may be in Wal-Mart’s checkout lane http://famousabout.com/corporate-monitor-may-be-in-wal-marts-checkout-lane http://famousabout.com/corporate-monitor-may-be-in-wal-marts-checkout-lane#comments Sat, 12 May 2012 00:03:31 +0000 France http://famousabout.com/corporate-monitor-may-be-in-wal-marts-checkout-lane WASHINGTON (Reuters) – Retail giant Wal-Mart Stores Inc, faced with allegations that its Mexican unit paid $24 million in bribes to accelerate its expansion, could be forced to hire an independent monitor to ensure future compliance with U.S.

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]]> http://famousabout.com/corporate-monitor-may-be-in-wal-marts-checkout-lane/feed 0 China economy shows unexpected signs of weakness http://famousabout.com/china-economy-shows-unexpected-signs-of-weakness http://famousabout.com/china-economy-shows-unexpected-signs-of-weakness#comments Fri, 11 May 2012 15:53:59 +0000 France http://famousabout.com/china-economy-shows-unexpected-signs-of-weakness BEIJING (Reuters) – China’s economy stuttered unexpectedly in April with lower than expected output data, softening retail sales and easing prices suggesting economic headwinds might be stiffer than thought, requiring more robust policy responses to counter them. Industrial output expanded at its slowest annual pace in April in nearly three years, while fixed asset investment growth dipped to its lowest in almost a decade. ..

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]]> http://famousabout.com/china-economy-shows-unexpected-signs-of-weakness/feed 0 Marks & Spencer targets rivals with value brand http://famousabout.com/marks-spencer-targets-rivals-with-value-brand http://famousabout.com/marks-spencer-targets-rivals-with-value-brand#comments Fri, 11 May 2012 15:53:08 +0000 France http://famousabout.com/marks-spencer-targets-rivals-with-value-brand LONDON (Reuters) – Marks & Spencer has become the latest British food retailer to revamp its own-label ranges with a shake-up of its value lines designed to encourage customers do more of their weekly shop at the firm.

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]]> http://famousabout.com/marks-spencer-targets-rivals-with-value-brand/feed 0 Amazon says Kindle owners can lend Harry Potter e-books http://famousabout.com/amazon-says-kindle-owners-can-lend-harry-potter-e-books http://famousabout.com/amazon-says-kindle-owners-can-lend-harry-potter-e-books#comments Fri, 11 May 2012 00:48:09 +0000 France http://famousabout.com/amazon-says-kindle-owners-can-lend-harry-potter-e-books SAN FRANCISCO (Reuters) – Amazon.com Inc said on Thursday owners of its Kindle e-readers and tablets will be able to lend Harry Potter e-books to each other in a move aimed at encouraging more people to use the devices and sign up for its Prime service. Amazon, the world’s largest Internet retailer, bought an exclusive license from author J.K. Rowling’s Pottermore e-book business to make all seven Harry Potter e-book available to lend through the Kindle platform

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