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Finance & Capital Management

  • Report: American Apparel says it will turn profitable in three years

    Bankrupt American Apparel predicts in its reorganization plan that it will turn profitable in 2016, the Los Angeles Times reported. The company also warned that founder and ousted CEO Dov Charney remains a risk to its future. (Los Angeles Times)

  • The New Realities of Cyber Risk Management: It’s Not Just an IT Issue

    Imagine you are the general counsel at a retailer involved in sensitive M&A discussions. You receive an email from one of the deal’s outside advisors. He says he needs some information about your company, the kind you’ve passed on before. You send it along — and later find that you were victimized in a sophisticated cyber-attack aimed at stealing sensitive information.

  • Report: H-E-B considers acquiring Brookshire Grocery

    According to MyEastTex.com, H-E-B might be considering an acquisition of regional grocer Brookshire Grocery, based on information from a source close to the situation.If this deal comes to pass it would put HEB in markets beyond Texas for the first time, as Brookshire has stores in Southwestern Arkansas and western Louisiana.

  • Costco adds digital knowledge to its board

    Costco is adding a bit of digital expertise to its ranks with its latest new board member.

  • Online athleisure wear brand raises $7 million; plans to expand, open pop-up

    As consumers continue to embrace athleisure wear, retail startups are clamoring to bust into the multi-billion dollar industry. Outdoor Voices – a chic athleisure wear brand for men and women, founded by 27-year-old designer and CEO Tyler Haney in 2012 – is doing a fine job of getting its foot in the door.

  • Starbucks deal costs Square

    There are no sure things in business – not even a partnership with Starbucks.

    In paperwork filed for a planned IPO, Square revealed that since launching an agreement to process back-end mobile transactions for Starbucks in October 2012 (the coffee chain did not adopt Square reader hardware), it has recorded $309.8 million in revenue but $380.4 million in processing costs.

  • Rooms to Go to open massive furniture complex in North Carolina

    Rooms to Go is cutting the ribbon this weekend on the largest retail furniture store in the Southeastern United States.

    The Florida-based retailer will open a Rooms to Go Super Center and Distribution Center on Oct. 17 in Dunn, North Carolina. The newly built facility comprises approximately 1,450,000 sq. ft. on 120 acres and houses a state of the art Rooms to Go showroom, a Rooms to Go Kids/Teens showroom, a Rooms to Go Outlet Center and a huge distribution center housing tens of thousands of pieces of furniture.

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