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Report: American Apparel says it will become profitable in three years
Bankrupt American Apparel predicts in its reorganization plan that it will turn profitable in 2016, the Los Angeles Times reported.
The company also warned that founder and ousted CEO Dov Charney remains a risk to its future.
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Walmart donates nearly $1M to help retail's front line
Walmart is one step closer to fulfilling its mission of donating $100 million toward increasing the economic mobility of entry-level workers.
The retailer and its Walmart Foundation are donating nearly $1 million to Innovate+Educate to fund research and build recommendations that support the advancement of entry-level workers in retail and adjacent sectors.

