Finance

Online sales tax bill moves forward in Senate
Apr 26, 2013
The U.S. Senate voted to move forward with the Marketplace Fairness Act,...
more
Ex-Aeropostale executive found guilty on all 16 counts
Apr 26, 2013
Christopher Finazzo, 57, who was an executive VP and chief merchandising...
more
Cabela’s profit surges 73% on guns and ammo sales
Apr 25, 2013
Cabela’s first quarter profit rose 72.9%, topping expectations, on strong...
more
Weis Markets ups cap ex budget to support remodels and tech investments
Apr 25, 2013
Weis Markets announced it would invest $135 million in its 2013 capital...
more
Starbucks’ Q2 profit tops estimates
Apr 25, 2013
Starbucks Coffee Company reported that its second-quarter profit rose 26%...
more
Safeway Q1 profit up
Apr 25, 2013
Safeway Inc. said it earned $118.9 million, in the first quarter ended...
more
Best Buy CEO compensation for five months on job put at $19.6 million
Apr 25, 2013
The CEO of Best Buy, Hubert Joly, earned compensation worth $19.6 million...
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