Retail - Page 2

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American Apparel Claims Charney is Still Its CEO — Update

UPDATE: Hedge fund Standard General has reached a preliminary agreement to supply $25 million in financing to American Apparel as the company tries to stabilize its finances and reconstitutes its ...
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American Apparel Gives Control to Hedge Fund

The board of directors of troubled fashion retailer American Apparel Inc. (NYSEMKT: APP) has reached an agreement with hedge fund Standard General under which control of the company passes to ...
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Where Are Walmart’s Customers Going?

An improving job market has not helped Wal-Mart Stores Inc.'s (NYSE: WMT) sales. Bill Simon, CEO of Walmart U.S., made that observation to Reuters. What he did not say is ...
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American Apparel Needs a Merger

American Apparel Inc. (NYSEMKT: APP) may need to find a merger candidate or a retailer to buy it out. Battles between current creditors could put it in the untenable position ...
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Why American Apparel May Go Bankrupt

American Apparel (NYSE: APP), already hammered by the dismissal of CEO and founder Dov Charney, may not meet the covenants of key loans which the retailer likely needs to keep ...
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Hedge Fund Pushes for American Apparel Sale

The same hedge fund that forced the sale and breakup of Hostess Brands Inc. now aims to work the same trick on American Apparel Inc. (NYSE: APP). Monarch Alternative Capital ...
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Target Bans Firearms in Its Stores

In a post on the company's official blog site, Target Inc. (NYSE: TGT) said that beginning July 2 the stores will "respectfully request that guests not bring firearms into Target ...
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A Look at RadioShack at $0.99

RadioShack Corp. (NYSE: RSH) watched its stock tumble below $1.00 for the first time on June 20. Two days later the shares posted an all-time low of $0.81. A week ...
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American Apparel May Have to Take CEO Back

When American Apparel Inc. (NYSE: APP) fired its chief executive, the firing triggered a covenant on a $10 million loan that puts the loan into default. In order to cure ...
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Will Poison Pill Squash American Apparel’s Stock Price?

Saying that it will strengthen the company's ability to protect stockholders, American Apparel Inc. (NYSE: APP) announced on Saturday that the company has adopted a one-year stockholder rights plan. The ...
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Bed Bath & Beyond Simply Cannot Cure Its Woes, a Value Trap

It was not by accident that 24/7 Wall St. previously named Bed Bath & Beyond Inc. (NASDAQ: BBBY) as a member of the next wave of dead retailers. The company's ...
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As Ikea Raises Minimum Wage, Pressure Grows for McDonald’s and Walmart

Ikea is one of the world's largest retailers, with revenue of $38 billion and 130,000 employees. It also is one of the retailers and fast-food companies that recently decided to ...
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Bed, Bath & Beyond Falls Short Again

Bed, Bath & Beyond Inc. (NASDAQ: BBBY) reported first-quarter fiscal 2014 earnings after markets closed Wednesday. The home furnishings company reported diluted earnings per share (EPS) of $0.93 on revenue ...
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American Apparel Shares Rally 20%

When founder and now former CEO of American Apparel Inc. (NYSE: APP) Dov Charney was fired last week, shares of the company's stock reacted positively to the news. Then earlier ...
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Social Media

Top Retailers Using Social Media to Target Trends and Consumers

Social media has exploded onto the advertising arena as a new and powerful way to target buyers. As companies continue to evolve marketing programs targeted toward Millennials, social media upstart ...
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