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Staples investigating possible data breach
Framingham, Mass. -- Staples Inc. is reportedly investigating a possible data breach. According to security blogger Brian Krebs, sources at several East Coast-based banks say it is likely that criminals gained access to customer card data at a group of Northeastern Staples stores including seven stores in Pennsylvania, at least three in New York City, and one in New Jersey. -
Restructuring, impairment dampen Rent-A-Center Q3 earnings
Plano, Texas -- Pretax restructuring charges related to corporate reorganization and store closures, as well as pretax impairment charges, helped reduce net earnings at Rent-A-Center Inc. 7% to $25.3 million in the third quarter of fiscal 2014 from $27.2 million in the third quarter of the prior year. Revenues grew 2% to $769.5 million from $754.8 million, and same-store sales rose 1.9%.
