Finance

Stein Mart restates results, to debut e-commerce this year
May 06, 2013
Stein Mart reported that it has restated its 2011 periods and first...
more
Orchard Supply loss widens in Q4
May 06, 2013
Orchard Supply Hardware Stores Corp. reported Monday a loss of $33.6...
more
Town Shoes teams with Jesta I.S. on e-commerce solution
May 06, 2013
Jesta I.S. said Monday it has expanded its relationship with Canadian shoe...
more
OfficeMax investor sues to stop merger with Office Depot
May 03, 2013
An OfficeMax shareholder sued the directors of the company on Thursday,...
more
Walgreens April sales climb
May 03, 2013
Walgreens reported April 2013 sales of $5.98 billion, up almost 4% from $5...
more
Dick’s Sporting Goods names new CFO
May 03, 2013
Dick’s Sporting Goods has named Andre J. Hawaux as executive VP of finance...
more
Consumer spending stays flat
May 03, 2013
U.S. consumer spending averaged $86 a day in April 2013, according to new...
more

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.
Read More

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.
Read More

 

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.
Read More

© 2013