Kenneth Cole Productions' board of directors has formed a special committee of independent directors to consider a non-binding proposal from Kenneth Cole, chairman and chief creative officer, that would take the company private.
Supervalu said that will reduce its national work force by approximately 800 positions as part of its long-term turn-around strategy and ongoing efforts to reduce costs.
REI (Recreational Equipment Inc.) announced that it will open its first location in Ohio next fall at Rockwood Commons in Cincinnati.
Comparable sales for the third quarter took a slight dip at The Pep Boys due to continued weakness in the company's retail segment.
eBay, which reported income and revenue growth for its third quarter, is seeing increased strength in its mobile business as more customers are turning to their smartphones to shop.