| Feb 12, 2014
| 10:30 AM
Celebrity chef Paula Deen is ramping up her comeback effort, less than a year after her Southern belle-image was tarnished by revelations that she used racial slurs and was accused of discriminatory behavior in a lawsuit.
Paula Deen Ventures has received...
| 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...
| Oct 18, 2013
| 10:42 AM
It’s not just Macy’s turning Black Friday this year into Black Thursday – J.C. Penney also plans to open its doors before the turkey’s cold on Thanksgiving Day.
The retailer will admit holiday shoppers starting at 8 p.m. on Nov....
| Nov 1, 2013
| 9:49 AM
Most Halloween candy is still sitting uneaten in pillowcases, but retailers such as Wal-Mart Stores Inc. are already kicking off their Christmas promotions in hopes of surviving harsh holiday conditions this year.
Bargain basement deals normally...
| Jan 2, 2014
| 7:23 AM
Martha Stewart Living Omnimedia and Macy's announced Thursday that they had settled a lawsuit that accused Stewart’s company of violating an exclusivity agreement by selling products at rival chain J.C. Penney.
Neither MSLO nor Macy’s...
| Nov 7, 2013
| 8:43 AM
Halloween seems to have scared off the bad vibes at the mall – for now – according to data showing better-than-projected retail sales in October.
One gauge, from Retail Metrics, showed same-store sales last month rising 3.7% over the same...
| Sep 26, 2013
| 11:10 AM
J.C. Penney publicly defended its trajectory Thursday after watching its stock plunge amid speculation that it needed another financing boost.
In a statement, the retailer said it is “pleased with its progress thus far in the company’s...
| Nov 11, 2013
| 10:11 AM
At this rate, shoppers hoping to get in on "Black Friday" deals will have to eat their turkey for lunch, as both Target and Toys R Us announced plans to open Thanksgiving evening.
In its earliest opening ever, Target said it will welcome bargain hunters...
| Nov 6, 2013
| 10:57 AM
Falling in line behind the likes of Macy’s, J.C. Penney, OfficeMax, Kmart and more, Staples is joining the horde of retailers opening its doors on Thanksgiving without bothering to wait for Black Friday.
The office supply chain will open on the...
| Jan 28, 2014
| 9:09 AM
J.C. Penney Co. just made it easier to trigger its shareholder rights plan — a.k.a. its poison pill defense against hostile takeover attempts — leading to early speculation on Wall Street that potential buyers might be sniffing for an opening....
| 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...