| Jan 17, 2014
| 6:25 AM
Worsening income inequality is the risk most likely to cause serious damage around the globe in the coming decade, the World Economic Forum said in a report ahead of its annual gathering in Davos, Switzerland, next week.
The widening gap between rich...
| Jan 18, 2014
| 2:30 PM
While a deluge of restaurants and retail shops are expected to fill downtown Allentown in the wake of the PPL Center's debut in the fall, the city will soon be losing another bookstore.
Another Story used bookstore at 524 N. 18th St. (near Wert's Cafe)...
| Jan 22, 2014
| 3:58 PM
American Eagle Outfitters Inc. said after the market closed Wednesday that Chief Executive Robert Hanson has left his post after less than two years, a move that stunned Wall Street.
The teen apparel retailer said Executive Chairman Jay L....
| Nov 29, 2013
| 6:46 AM
Anna Szuba of Pasadena shopped on Thanksgiving last year -- two hours in line to get in the store and three hours in line to get out.
No thanks, she said. This year she started around midnight Friday and worked through her gift list among much smaller...
| Nov 29, 2013
| 4:46 PM
Opposed to shopping on Thanksgiving Day, Betty Allen of West Friendship waited until midnight to head to Walmart in Ellicott City for $2 DVDs and then shopped through the night without crowds to buy boots and clothing for her four children with stops at...
| Dec 3, 2013
| 10:36 AM
Bargain-hunting shoppers on Cyber Monday broke consumption records, making the online shopping bonanza the biggest e-commerce day in history, according to data from IBM Digital Analytics Benchmark.
Online sales surged 20.6% compared with the same day...
| Dec 9, 2013
| 12:49 PM
Retailers slammed with preparations for the Thanksgiving and Black Friday shopping bonanza last month added 471,000 workers to payrolls -- a number that fell 4.7% short of the record 494,400 seasonal employees brought on board during November 2012.
| Dec 10, 2013
| 9:08 AM
Fifth & Pacific Companies Inc. has agreed to sell Lucky Brand Jeans to Los Angeles private-equity firm Leonard Green & Partners for $225 million, the companies announced Tuesday. William L. McComb, Fifth & Pacific's chief executive, said the Lucky sale is...
| Dec 11, 2013
Lucky Brand Jeans is coming home again.
Los Angeles private-equity firm Leonard Green & Partners has agreed to pay $225 million to acquire Lucky from New York fashion company Fifth & Pacific Cos.
The acquisition means that Lucky, founded in Vernon...
| Apr 21, 2014
| 3:26 PM
The event: “Spring Break: Destination Education,” staged carnival style at Sony Studios in Culver City, was a star-studded affair that had tweens, teens and their families lining up half an hour early on Saturday. The fourth annual event...
| Apr 21, 2014
| 8:41 PM
Activist investor Bill Ackman is partnering with a Canadian pharmaceutical company in an effort to buy Allergan Inc., the Irvine company that makes the popular wrinkle treatment Botox.
Ackman and Valeant Pharmaceuticals International Inc. have already...