Finance & Capital Management

Regulatory Wrap-Up: Weekly recap of retail-related judicial, legislative developments - Aug. 20

Wage theft in spotlight as McDonald's franchisee agrees to pay over $20,000 in back wages as a result of noncompliance with Minnesota’s new minimum wage law.
Analysis: How Nordstrom bucks department store gloom

Nordstrom has bucked the gloom associated with other department stores and has posted a strong set of second quarter numbers.
Consumer sentiment slides to 11-month low

Consumer sentiment dipped in August amid concern about rising prices.
The next industry Amazon has its eyes on is…

Amazon wants to expand its brick-and-mortar breadth — but just not through retail stores.
Fast-casual, $300 million restaurant deal backed by founder of Panera Bread

Zoës Kitchen is being acquired in a deal that will create the nation’s largest restaurant operator in the Mediterranean category.
CBRE re-organizes into three global units

One of the world’s largest managers of retail real estate properties has announced it will re-organize itself into three global businesses.
The Home Depot: Inside the chain’s record quarter

Executives from The Home Depot described the makings of a $30.5 billion quarter on the company’s earnings call this week.
Nordstrom raises outlook as Q2 sales, earnings cruise past expectations

Nordstrom was firing on all cylinders in its second quarter, fueled by strong gains in digital sales and robust traffic at its off-price and regular-price stores.

Supervalu inches closer to selling retail units