Finance & Capital Management

Amazon’s lending program has hit epic proportions, with one-third of loans being granted in the last year, alone.   The online giant’s Amazon Lending program has surpassed $3 billion in loans to small businesses since the service launched in 2011. Specifically, Amazon has lent more than $1 billion to small businesses in the last 12 months, and more than 20,000 small businesses have received a loan from Amazon.  

One of the nation's most successful department store retailers may remove itself from the scrutiny and pressure of Wall Street.    

India tops an annual list of the 30 top developing countries for retail investment, pushing China, which took the No. 1 spot for the past several years, into second place.  

It’s closing time for Bebe Stores.   The struggling apparel retailer said on Wednesday, June 7, that it reached agreement with substantially all of its retail store landlords to terminate their existing leases. The cost to terminate the leases is estimated to be approximately $65 million.  

J.C. Penney is determined to become college-bound co-eds’ shopping destination for all of their dorm room needs.  

Macy’s is toying with a lofty idea that could create more traffic at its Herald Square store in New York City.  

As Sears Holdings continues to struggle, the chain has once again updated is restructuring plan.   The embattled retailer has added 72 more stores to its list of upcoming closures. This is in addition to more than 180 closings that it already an-nounced, according to Business Insider.   

Duluth Trading Company continues to grow its sales and store footprint.    The retailer of men’s and women’s workwear, casual clothing, and accessories reported that net sales increased 21.9% to $83.7 million in the quarter ended April 30, up from $68.6 million in the prior-year first quarter. It was the company's 29th consecutive quarter of increased net sales year-over-year.