Content about finance

July 22, 2014

Net earnings at Rent-A-Center Inc. fell 58% year-over-year in the second quarter of fiscal 2014, to $17.5 million from $41.9 million.

July 22, 2014

Paid search programs are the most popular online customer acquisition tactic. According to the 2014 Shop.org/Forrester Research Inc.

July 21, 2014

Dirk Montgomery, executive VP and CFO of Ascena Retail Group Inc. since January 2013, has accepted a position with a healthcare-related company based in Florida.

July 21, 2014

GE Capital announced it is providing Brookstone, the product development company and specialty retailer, with a $115 million senior credit facility.

July 21, 2014

GE Capital announced it is providing Brookstone, the product development company and specialty retailer, with a $115 million senior credit facility.

July 21, 2014

General Electric is spinning off its Synchrony Financial consumer credit business in an initial public offering (IPO) and seeking a market valuation as high as $22 billion.

July 21, 2014

General Electric is spinning off its Synchrony Financial consumer credit business in an initial public offering (IPO) and seeking a market valuation as high as $22 billion.

July 21, 2014

General Electric is spinning off its Synchrony Financial consumer credit business in an initial public offering (IPO) and seeking a market valuation as high as $22 billion.

July 21, 2014

Wal-Mart Stores Inc. has reportedly invested $103 million in its Indian operations with the goals of expanding its wholesale store count and increasing its online presence there.

July 21, 2014

Wal-Mart Stores Inc. has reportedly invested $103 million in its Indian operations with the goals of expanding its wholesale store count and increasing its online presence there.

July 21, 2014

Parents spend, on average, $659 on school-related costs throughout the year per family.

July 21, 2014

Parents spend, on average, $659 on school-related costs throughout the year per family.

July 18, 2014

Kimco Realty Corp. has acquired a portfolio of 10 shopping centers from its joint venture with SEB Asset Management for $275.8 million, including $193.6 million of mortgage debt.

July 18, 2014

Herman Miller has entered into an agreement to acquire high-end furniture retailer Design Within Reach Inc. (DWR) for about $154 million in cash.

July 18, 2014

Herman Miller has entered into an agreement to acquire high-end furniture retailer Design Within Reach Inc. (DWR) for about $154 million in cash.

July 18, 2014

Rob Brown, an actor best known for his role on the HBO series “Treme,” has reportedly settled a discrimination lawsuit against Macy’s and the city of New York.

July 17, 2014

American Apparel shareholders Bigger Capital Fund, Bachelier LLC and the Bigger Family, have sent a letter to the company's board seeking the resignation of co-chairmen David Danziger and Allan Mayer as board members.

July 17, 2014

American Apparel shareholders Bigger Capital Fund, Bachelier LLC and the Bigger Family, have sent a letter to the company's board seeking the resignation of co-chairmen David Danziger and Allan Mayer as board members.

July 17, 2014

Roger Hardy, Founder and former CEO of optical giant Coastal Contacts Inc., announced that his company, Hardy Capital Partners along with a small group of prominent Canadian investors, has acquired OnlineShoes.com, a footwear retailer based out of Seattle, and ShoeMe.ca, a Vancouver-based online footwear retailer.

July 17, 2014

Roger Hardy, Founder and former CEO of optical giant Coastal Contacts Inc., announced that his company, Hardy Capital Partners along with a small group of prominent Canadian investors, has acquired OnlineShoes.com, a footwear retailer based out of Seattle, and ShoeMe.ca, a Vancouver-based online footwear retailer.

July 17, 2014

The House has passed legislation broadening a federal tax law that makes it cheaper for retailers to remodel their stores, the National Retail Federation said.

July 17, 2014

Families this summer will spend slightly more on back-to-school items than they did in 2013.

July 17, 2014

Families this summer will spend slightly more on back-to-school items than they did in 2013.

July 17, 2014

Sycamore Partners is in early discussion with Fred’s about a potential takeover, Reuters reported.

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