Skip to main content

Finance & Capital Management

  • QVC adds some hipster cred with acquisition

    QVC just gained some credibility among hipsters and millennials by buying a popular Internet flash sale site that caters to those younger shoppers.

  • QVC buys struggling online retailer for $2.4 billion

    Englewood, Colo. – Home shopping retailer QVC is expanding its omnichannel reach. QVC parent company Liberty Interactive Corp. is purchasing struggling online retailer Zulily Inc. for $2.4 billion in cash and stock.

  • Target shakeup continues with new COO

    Minneapolis – The ongoing shakeup of senior management that has been occurring at Target Corp. since CEO Brian J. Cornell took the reins in August 2014 is continuing. Target has promoted John Mulligan, who has served as CFO since 2012, to the newly created role of executive VP and COO, effective Sept. 1.

  • Head merchant at Cabela's is stepping aside

    Sporting goods retailer Cabela’s is making some changes in its executive leadership.

    The company announced that Brian J. Linneman, EVP and CMO, will transition from his current position and become a strategic adviser to the company.

  • Walgreens' Wasson receives lifetime achievement accolade

    Former Walgreens president and CEO Greg Wasson became the chain drug industry’s first executive to receive the Grocery Manufacturers Association’s highest honor.

  • Lighting as a Service: A Zero-Cost Option for LED Retrofits

    As technology for LED lighting continues to improve, it is expected that LED lighting -- which is more energy efficient, lasts longer and has a significantly lower cost of operation -- will completely replace traditional fluorescent and HID lighting technologies. The LED lighting market is anticipated to grow 45% per year though 2020, and is expected to reach a market size of over $60 billion dollars.

  • Urban Outfitters beats Street with Q2 profit

    Philadelphia – Although net income at Urban Outfitters Inc. slightly slipped in the second quarter of fiscal 2016 compared to the same period a year earlier, it still beat Wall Street expectations. Net income totaled $66.84 million, down 1% from $67.5 million.

  • Company expands c-store network

    Westlake, Ohio -- TravelCenters of America has completed its previously disclosed acquisition of 33 convenience store locations in northern Illinois.

    The company expects the stores, which average approximately 3,400 sq. ft., will be rebranded as Minit Mart convenience stores and the sites will undergo improvements in the coming months.

    TravelCenters of America operates some 370 convenience stores under the Minit Mart, TA and Petro Stopping Centers brands.
     

X
This ad will auto-close in 10 seconds