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Survey: Small businesses optimistic about holiday
Atlanta -- Small businesses are optimistic with regards to the upcoming holiday season, with 41% of businesses expecting a much stronger holiday season in 2013 than 2012, according to a survey by Kabbage, an online provider of working capital.
Small businesses also plan to increase their borrowing for the remainder of 2013 in order to meet the robust demand, the survey reported.
Other key findings from the survey include: -
Law firm investigates claims against Genesco
Nashville, Tenn. - Harwood Feffer LLP is investigating potential claims against the board of directors of Genesco Inc., concerning whether the board has breached its fiduciary duties to shareholders. On August 29, 2013, Genesco disclosed that it may be forced to restate certain financial statements due to potential violations of generally accepted accounting principles.