Skip to main content

Strategy

  • Report: RadioShack could be delisted

    New York -- RadioShack has been notified by the New York Stock Exchange that it failed to satisfy listing standards and could be delisted after its average stock price stayed below $1 for 30 days, according to a document the company filed Friday with the Securities and Exchange Commission, the Dallas Business Journal reported.

    RadioShack shares will continue to trade as usual on the NYSE. Under the exchange rules the troubled retailer has six months from the date of notification to regain compliance, or get its shares back above $1.

  • Target looks to drive BTS traffic to its Canadian stores

    Target is looking to bolster sales results in Canada by appealing to parents and students this back-to-school season, offering everything from fashion to school supplies at prices that it touts as “unbeatable.”

  • Report: Demoulas to consider Market Basket sale, faces suit

    Tewskbury, Mass. – The unfolding saga at the Market Basket grocery chain continues to take unexpected twists and turns. According to the Boston Globe, the board of directors of Market Basket parent company Demoulas Super Markets has said it will consider a purchase offer from former CEO Arthur T. Demoulas, and the company also faces a lawsuit from several employees.

  • Retail groups ask for tokenization in payment security

    Washington, D.C. – The National Retail Federation (NRF), Retail Industry Leaders Association (RILA), Food Marketing Institute (FMI), Merchant Advisory Group, National Association of Convenience Stores (NACS), National Grocers Association, and National Restaurant Association (NRA) are jointly calling for an open and universal tokenization standard in the U.S. payments system.

  • Dunkin’ Donuts plans new stores in Minnesota

    Canton, Mass. - Dunkin' Donuts has signed a multi-unit store development agreement with new franchisees, Brian and Sharon Weidendorf, to develop seven restaurants in Duluth, Minnesota, and the surrounding areas. The first restaurant is planned to open in spring 2015.

  • Dollar Tree, Family Dollar create juggernaut with $8.5 billion merger

    Chesapeake, Va. - In a merger that will shake up the dollar store retail vertical, Dollar Tree is acquiring Family Dollar for $8.5 billion in cash and stock. The resulting company will operate more than 13,000 locations in the U.S. and Canada, with an annual sales volume of $18 billion.

  • Report: EBay resets passwords; will sell auto services

    San Jose, Calif. – EBay has had success with the password reset it launched in May 2014, following the public revelation of a February 2014 security breach that may have exposed user information. According to Bloomberg, more than half of EBay’s existing 149 million customers have returned since the rest, and the company has also experienced 10-15% growth in new customers since that time.

X
This ad will auto-close in 10 seconds