Finance

Mother’s Day shoppers set spending limits
May 02, 2013
Shoppers are setting a budget for Mother’s Day spending this year,...
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Jones Group swings to 1Q profit; lowers forecast
May 01, 2013
The Jones Group Inc. returned to a profit in the first quarter, but sales...
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CVS Q2 profit jumps 23%
May 01, 2013
CVS Caremark Corp.’s first-quarter earnings rose a better-than-expected 23...
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Big 5 Sporting Goods has big first quarter; 15 to 20 new stores planned
May 01, 2013
Big 5 Sporting Goods Corp. reported upticks in net income, sales and same...
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Sports Chalet taps Financial Profiles to be investor relations firm
May 01, 2013
Sport Chalet announced it has retained Financial Profiles as its investor...
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Report: Mother’s Day spending to be nearly flat
Apr 30, 2013
Mother's Day spending will be nearly flat this year as more Americans...
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Bebe stores names CFO; eliminating COO position
Apr 30, 2013
Bebe stores announced that it has promoted Liyuan Woo to the position of...
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Financially Speaking

BDO survey: Retail CFOs bullish about M&A, IPO activity in 2013

By Marianne Wilson
The retail industry is poised for another year of heavy deal flow. Nearly all retail CFOs (94%) expect merger and acquisition will increase or remain steady in 2013, according to a new survey from BDO USA.
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Deals/M&A

Party City to expand growth in New England with acquisition of iParty Corp.
iParty Corp., a leading party goods retailer with a strong presence in New England, has entered into an agreement to be acquired by Party City Holdings Inc., North America’s largest party supply retailer.
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Newsmakers

Founder of Barnes & Noble to bid for chain’s retail assets
Leonard Riggio, founder and chairman of Barnes & Noble, has told the company’s board that he wants to make an offer for its retail business.
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